Hedera is preparing to retire hethers.js as it promotes EVM tool migration. The project makes this move for a more seamless and user-friendly Blockchain experience. However, after the announcement, the altcoin price lost ground.
Hedera is deprecating ‘hethers.js’
Hedera, a Blockchain platform, announced the deprecation of the hethers.js library to simplify and unify the development process for its users. With this move, the altcoin project is taking important steps in improving the developer experience. The project aims to streamline the toolset and give developers a smoother transition to Ethereum-compatible development. According to the announcement, this deprecation will go into effect at the end of this month.
This decision is based on Hedera’s evolution towards Ethereum Virtual Machine (EVM) equivalence. In this direction, Hedera will align more closely with EVM. Thus, it aims to reduce redundancy and provide a unified development experience. Meanwhile, the JSON-RPC Relay feature will provide greater flexibility for developers to use widely adopted EVM tools such as ethers.js and web3.s to deploy and interact with Hedera’s smart contracts. The latest announcement says that this change will simplify the development process. It also suggests that it will allow Ethereum developers to seamlessly transition to building on Hedera.
Altcoin price declines after Hedera’s announcement
The altcoin project recommends that if any user is currently using hethers.js, they should switch to ethers.js, web3.js or other EVM tools before the Hedera official deprecation date. Hedera’s documentation provides guidance on using these tools. Additionally, there are tutorials in the smart contract section. In the meantime, hethers.js will continue to be available on GitHub for reference. However, after the retirement date it will no longer receive official support or updates. However, developers are encouraged to share their feedback or questions in the feedback channel on Discord, where the Hedera team is available to help with the transition.
Following this news on Thursday, the HBAR price fell 1.42% to $0.04811. The market value decreased by 1.42% in the last 24 hours, reaching 1.61 billion dollars. HBAR’s one-day volume decreased by 20.32% to $42.84 million.
What’s next for the altcoin?
Meanwhile, cryptokoin.comAs you follow from , Hedera announced the launch of “Stablecoin Studio” in mid-September. It attracted attention after this news. Web3 platforms focus on providing an all-in-one stablecoin tool for institutional issuers, businesses and payment providers to use Hedera Network services to quickly structure, issue and manage private stablecoins on the Hedera network.
Specifically, Hedera will phase out the final retirement by October 20, 2023. The altcoin project has informed developers that hethers.js will not receive any further updates. So he recommended switching from hethers.js to EVM tools. The project’s move to streamline its development tools underscores its commitment to providing developers with a more efficient and user-friendly experience on the Blockchain platform.
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