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Ethereum Director of Developer Relations, Yaz Khoury, announced in a Twitter post about Ethereum Classic (ETC) activating the Atlantis hard fork. This has been possible due to the efforts of the team behind Ethereum Classic, which aims at improving the functionality and compatibility of the altcoin with Ethereum. Khoury congratulated the project with the development, and stated, “Congratulations @eth_classic on the successful activation of the Atlantis Hardfork! Was one of the longest debates to reach consensus along with a lot of the immutability politics. Learned a lot about the beauty of decentralization and a distributed community.”
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Global Web 3.0 Blockchain Market was valued at USD 3,895.63 million in 2021 and is predicted to experience robust growth in the forecast period with a CAGR of 52.78% due to the high adoption rate of Web 3.0 decentralized technologies across various industries. Web 3.0 is a possible future version of the internet based on public blockchains; a record-keeping system best known for facilitating cryptocurrency transactions. The attractiveness of Web 3.0 is that it is decentralized, meaning that rather than consumers accessing the internet through services mediated by companies like Google, Apple, or Facebook, individuals themselves own and govern sections of the internet.
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