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Antelope Forks from EOSIO With Coalition Support

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Written By: Michael Abadha
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    Summary:
  • Blockchain protocol, Antelope, is forking out of EOSIO 2.0. We discuss what informed the decision and what the future holds.

The community-driven blockchain protocol Antelope has announced that it is forking from EOSIO 2.0. EOS, Telos, Wax, and UX Network community members will form a Coalition under the direction of the EOS Network Foundation. The Coalition, known as Antelope Coalition will guide the project. In light of Block.one’s decision to end development on EOSIO, Antelope has taken the initiative to continue improving the platform’s codebase and reviving the community.

How and why the Coalition partners are backing Antelope

Developers and companies use Antelope across the globe for a broad variety of purposes. These include but not limited to DeFi, supply chain management, NFTs, and games. Multi-chain systems are the way of the future. Therefore, the protocol aspires to be the most user-friendly, stable, and secure protocol for creating novel chains. Furthermore, these chains can be customized to meet any need and are upgradeable. By working together, the Coalition will help advance Antelope’s scalability and security.

Coalition participants will all have access to Antelope’s codebase, its blockchain infrastructure. In addition, the public networks are pooling resources in a joint development fund to ensure that the underlying protocol is regularly upgraded. The Coalition has established a number of vital RFPs to improve the protocol. Some of the proposals in the RFP include proposals for quicker finality, SDKs, and P2P code.

In addition, the Coalition is providing support to UX Network in order to facilitate the rollout of their Trustless Inter-Blockchain Communication (IBC) solution. This will make it possible for participants on Antelope-based blockchains to conduct trustless IBC transactions with one another. The Coalition’s initial efforts will be on making technical improvements. The focus, though, will eventually shift to expanding the Antelope ecosystem as a whole, beyond the technical elements.

Anyone can leverage Antelope’s open platform to build decentralized applications (dApps) and web 3.0 services on top of its low-cost, high-throughput blockchain.

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Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha