DAOUSDT
DAO Maker / Tether USD
crypto Composite

Hello ETCLand! I'm Kevin (some of you know me as Classic Kevin). I was the community manager for ETC at IOHK and then the ETC Cooperative, and I'm now working with Classix. Classix has published two posts on its blog but has never posted here, so this is a summary of both, with links if you want the full versions.
**Who Classix is**
Classix is a small ETC infrastructure and development team founded by two long-time contributors:
* **Istora Mandiri** has contributed to ETC since before the DAO fork. He built the first [ethereumclassic.org](http://ethereumclassic.org), has hosted 50+ Community Calls, and co-maintains the ECIP process.
* **Diego López León** is currently the only core maintainer of the ETC clients. He joined the Cooperative in 2021 as its first full-time core developer and has shipped across Core-Geth, Besu and Nethermind.
Full intro: [Hello, Classix](https://classix.dev/hello-classix)
**Why now**
The Cooperative is shutting down, and some of the services it ran went offline without notice. The most visible was the public RPC at etc.rivet.link. **If anything you run still points there, it has silently stopped working.**
**What's running today**
* **Public RPC:** [rpc.classix.dev](https://rpc.classix.dev). It's geo-routed through gateways in the Americas, Europe and Asia. It's still good practice to set up failover across more than one endpoint ([chainlist](https://chainlist.org/chain/61) lists others).
* **Project Triforce:** ten nodes across three regions, running four clients (Geth Classic, Nethermind and Besu three times each, plus a Core-Geth node).
* **Live dashboard:** [triforce.classix.dev](https://triforce.classix.dev) shows per-client sync, peers, netstats and reorgs, so you can check that the network is healthy.
* **Multisig mirror:** [multisig.classix.dev](https://multisig.classix.dev), with the [source](https://github.com/classix-dev/nix-catacomb) to run your own. It's live but not yet battle-tested.
* **Block explorer:** [explorer.classix.dev](https://explorer.classix.dev) is in progress, and Blockscout remains supported.
* **Monthly activity reports:** [classix.dev/activity](https://classix.dev/activity) lists what was done each month, going back to founding.
**Where it's heading**
The goal is that no one depends on any single organisation to keep ETC running, including Classix. We're preparing to publish every service as an open-source NixOS config that any operator can clone. Then, if there's ever another handover, it's a git clone rather than a crisis. Those configs aren't public yet. They're on the roadmap, and we'll post here when they are.
The roadmap also covers:
* getc production readiness
* full Besu integration
* ETC in Nethermind's CI
* the Neo Classic refresh of [ethereumclassic.org](http://ethereumclassic.org)
* Bastion (ECIP-1130), a proposal that bundles upstream EIPs and is going through the normal ECIP process
Everything is marked done, in progress or not started, so you can hold us to it: [The 2026 Classix Roadmap](https://classix.dev/roadmap)
**How to get involved**
* Point a wallet or service at the RPC and tell us if something breaks.
* Watch the dashboard, and ask about anything that looks odd.
* If you already contribute to ETC (code, nodes, moderation, translation, media, memes), Classix wants to hear from you. The blog has a contact form, or you can reply here.
* The [Community Calls](https://cc.ethereumclassic.org) are still the best place to have a real conversation about where ETC goes next.
I'll be in the comments for the next day or so. Questions, criticism and "what about X" are all welcome.

Kevin and Istora joined ETC Grants DAO for their AMA to talk about the next chapter of the ETC ecosystem!

Hello ETCLand! I'm Kevin (some of you know me as Classic Kevin). I was the community manager for ETC at IOHK and then the ETC Cooperative, and I'm now working with Classix. Classix has published two posts on its blog but has never posted here, so this is a summary of both, with links if you want the full versions.
**Who Classix is**
Classix is a small ETC infrastructure and development team founded by two long-time contributors:
* **Istora Mandiri** has contributed to ETC since before the DAO fork. He built the first [ethereumclassic.org](http://ethereumclassic.org), has hosted 50+ Community Calls, and co-maintains the ECIP process.
* **Diego López León** is currently the only core maintainer of the ETC clients. He joined the Cooperative in 2021 as its first full-time core developer and has shipped across Core-Geth, Besu and Nethermind.
Full intro: [Hello, Classix](https://classix.dev/hello-classix)
**Why now**
The Cooperative is shutting down, and some of the services it ran went offline without notice. The most visible was the public RPC at etc.rivet.link. **If anything you run still points there, it has silently stopped working.**
**What's running today**
* **Public RPC:** [rpc.classix.dev](https://rpc.classix.dev). It's geo-routed through gateways in the Americas, Europe and Asia. It's still good practice to set up failover across more than one endpoint ([chainlist](https://chainlist.org/chain/61) lists others).
* **Project Triforce:** ten nodes across three regions, running four clients (Geth Classic, Nethermind and Besu three times each, plus a Core-Geth node).
* **Live dashboard:** [triforce.classix.dev](https://triforce.classix.dev) shows per-client sync, peers, netstats and reorgs, so you can check that the network is healthy.
* **Multisig mirror:** [multisig.classix.dev](https://multisig.classix.dev), with the [source](https://github.com/classix-dev/nix-catacomb) to run your own. It's live but not yet battle-tested.
* **Block explorer:** [explorer.classix.dev](https://explorer.classix.dev) is in progress, and Blockscout remains supported.
* **Monthly activity reports:** [classix.dev/activity](https://classix.dev/activity) lists what was done each month, going back to founding.
**Where it's heading**
The goal is that no one depends on any single organisation to keep ETC running, including Classix. We're preparing to publish every service as an open-source NixOS config that any operator can clone. Then, if there's ever another handover, it's a git clone rather than a crisis. Those configs aren't public yet. They're on the roadmap, and we'll post here when they are.
The roadmap also covers:
* getc production readiness
* full Besu integration
* ETC in Nethermind's CI
* the Neo Classic refresh of [ethereumclassic.org](http://ethereumclassic.org)
* Bastion (ECIP-1130), a proposal that bundles upstream EIPs and is going through the normal ECIP process
Everything is marked done, in progress or not started, so you can hold us to it: [The 2026 Classix Roadmap](https://classix.dev/roadmap)
**How to get involved**
* Point a wallet or service at the RPC and tell us if something breaks.
* Watch the dashboard, and ask about anything that looks odd.
* If you already contribute to ETC (code, nodes, moderation, translation, media, memes), Classix wants to hear from you. The blog has a contact form, or you can reply here.
* The [Community Calls](https://cc.ethereumclassic.org) are still the best place to have a real conversation about where ETC goes next.
I'll be in the comments for the next day or so. Questions, criticism and "what about X" are all welcome.

Kevin and Istora joined ETC Grants DAO for their AMA to talk about the next chapter of the ETC ecosystem!

According to CoinsBee payment data, over the 90 days ending September 1:
• USDT on TRON recorded approximately 1.8x as many payments as Bitcoin and 1.9x as many as Ethereum.
• USDT on TRON accounted for 16.23% of all CoinsBee payments in 2026 to date, up from 9.92% in 2025.
• TRC20 represented 44.6% of USDT payments and 64.5% of USDT turnover on CoinsBee during the 90 day period.
CoinsBee enables users in more than 180 countries to use cryptocurrency for gift cards and digital products from more than 5,000 global and local brands.
To mark the milestone, CoinsBee and TRON DAO are also launching a campaign for eligible CoinsBee app users from September 21 through October 5.
Read the full announcement and campaign terms here: [https://blog.coinsbee.com/fast-free-and-ultra-flexible-why-usdt-on-tron-is-the-ultimate-dollar-lifehack-for-us-shoppers-get-2-off-now/](https://blog.coinsbee.com/fast-free-and-ultra-flexible-why-usdt-on-tron-is-the-ultimate-dollar-lifehack-for-us-shoppers-get-2-off-now/)

**TL;DR:**
Gnosis Chain is transitioning from an independent L1 to an Ethereum rollup, a decision made via DAO vote. This change stems from its independent L1 model proving too costly to secure. Ethereum will now handle settlement, while Gnosis produces blocks and offers direct contract calls to mainnet. Users keep their assets, but Gnosis relinquishes settlement control.
---
*This is an AI-generated summary, always make sure to verify the accuracy of the information provided.*
*^(my-tldr v0.0.13)*

GnosisDAO voted on Aug 19 to turn Gnosis Chain from an independent L1 into a rollup that settles on Ethereum. The result was 123,158 GNO for, 115 against ([vote and proposal](https://snapshot.org/#/s:gnosis.eth/proposal/0x5522f4cbd034c966a08d6901b05c7ad7300041b3e0d75a0ad3da868af1a98b98)).
The proposal's authors wrote that "Gnosis Chain has failed to deliver on its original value proposition". That value proposition was credible neutrality: a decentralized, low-cost chain run by a large set of independent validators. They also explained the reason it didn't work: "Credible neutrality is Ethereum's home turf". Fee revenue covered only a small fraction of the cost of securing the chain, so the DAO treasury was paying for security.
This isn't a new project deciding where to launch. It's an established chain, with its own validators and years of history, concluding that being a separate L1 isn't worth what it costs.
What changes:
* Gnosis Chain stops running its own validator set. Ethereum takes over settlement, meaning the final record of who owns what.
* Gnosis still produces its own blocks, every 2 seconds, and proves its state to Ethereum every Ethereum block.
* Users keep their addresses, balances and contracts, and xDAI stays the fee token.
Gnosis calls this the first instance of an "Ethereum Economic Zone" (EEZ). The EEZ is a framework for rollups that are closely tied to Ethereum, co-led by Gnosis and ZisK and co-funded by the Ethereum Foundation.
According to Gnosis, the EEZ gives it something no L2 currently offers. A contract on Gnosis can call a contract on Ethereum mainnet and use the result in the same transaction, with no bridge and no waiting. Apps on Gnosis could then use Ethereum's liquidity directly, as if it lived on Gnosis.
Gnosis does give something up. It no longer controls its own settlement, and at launch Gnosis Ltd runs the sequencer, the single operator that puts transactions in order. Gnosis says it will come back to the DAO with evidence before deciding whether to decentralize it.
That's a real trade-off, but the risk is limited. Per Gnosis, every block is proven and settled on Ethereum, so the sequencer can't forge state, steal funds or roll back finalized history. It can only delay or leave out transactions. On a standalone L1, the chain's own validators are the last word. Here, Ethereum is.
Proving starts with an interim setup and moves to ZK proofs as the full EEZ spec is completed, which Gnosis expects over the course of 2027.
The proposal targeted the switch to a rollup for around the turn of the year. After that, the key milestones will be users having the capability to force a transaction through Ethereum if the sequencer ignores them, the upgrade keys being spread across a large number of independent parties or eliminated altogether, and users being able to withdraw without the operator's cooperation. Fees, uptime and withdrawals should be similar to the old chain.
This sets a precedent. Plenty of L1s run their own validators, bridges, tooling and liquidity programs, and pay for all of it themselves. Gnosis evaluated the costs and decided settling on Ethereum is the better deal. The L1 premium is gone, and I expect more established chains to come to the same conclusion.

GnosisDAO voted on Aug 19 to turn Gnosis Chain from an independent L1 into a rollup that settles on Ethereum. The result was 123,158 GNO for, 115 against ([vote and proposal](https://snapshot.org/#/s:gnosis.eth/proposal/0x5522f4cbd034c966a08d6901b05c7ad7300041b3e0d75a0ad3da868af1a98b98)).
The proposal's authors wrote that "Gnosis Chain has failed to deliver on its original value proposition". That value proposition was credible neutrality: a decentralized, low-cost chain run by a large set of independent validators. They also explained the reason it didn't work: "Credible neutrality is Ethereum's home turf". Fee revenue covered only a small fraction of the cost of securing the chain, so the DAO treasury was paying for security.
This isn't a new project deciding where to launch. It's an established chain, with its own validators and years of history, concluding that being a separate L1 isn't worth what it costs.
What changes:
* Gnosis Chain stops running its own validator set. Ethereum takes over settlement, meaning the final record of who owns what.
* Gnosis still produces its own blocks, every 2 seconds, and proves its state to Ethereum every Ethereum block.
* Users keep their addresses, balances and contracts, and xDAI stays the fee token.
Gnosis calls this the first instance of an "Ethereum Economic Zone" (EEZ). The EEZ is a framework for rollups that are closely tied to Ethereum, co-led by Gnosis and ZisK and co-funded by the Ethereum Foundation.
According to Gnosis, the EEZ gives it something no L2 currently offers. A contract on Gnosis can call a contract on Ethereum mainnet and use the result in the same transaction, with no bridge and no waiting. Apps on Gnosis could then use Ethereum's liquidity directly, as if it lived on Gnosis.
Gnosis does give something up. It no longer controls its own settlement, and at launch Gnosis Ltd runs the sequencer, the single operator that puts transactions in order. Gnosis says it will come back to the DAO with evidence before deciding whether to decentralize it.
That's a real trade-off, but the risk is limited. Per Gnosis, every block is proven and settled on Ethereum, so the sequencer can't forge state, steal funds or roll back finalized history. It can only delay or leave out transactions. On a standalone L1, the chain's own validators are the last word. Here, Ethereum is.
Proving starts with an interim setup and moves to ZK proofs as the full EEZ spec is completed, which Gnosis expects over the course of 2027.
The proposal targeted the switch to a rollup for around the turn of the year. After that, the key milestones will be users having the capability to force a transaction through Ethereum if the sequencer ignores them, the upgrade keys being spread across a large number of independent parties or eliminated altogether, and users being able to withdraw without the operator's cooperation. Fees, uptime and withdrawals should be similar to the old chain.
This sets a precedent. Plenty of L1s run their own validators, bridges, tooling and liquidity programs, and pay for all of it themselves. Gnosis evaluated the costs and decided settling on Ethereum is the better deal. The L1 premium is gone, and I expect more established chains to come to the same conclusion.