Worries have been made concerning an increase in spam after the drop in Luna Classic (LUNC) pricing, and the Terra Classic community is now voting on numerous suggestions. The proposed change would demand a deposit of 5 million LUNC instead of the current 1 million LUNC, which might lead to
To create dynamic minimum commissions for validators depending on voting authority, the Terra Luna Classic community voted in favor of a crucial proposal. The LUNC network’s validators have unanimously approved a proposal to further the decentralization and security of the Terra Luna Classic network. According to the current vote count,
Binance has burned 796 million Terra Classic (LUNC) tokens as part of its 13th LUNC burn batch. So far, the crypto exchange has burnt approximately 37 billion LUNC, while the community as a whole has burned over 74 billion LUNC. According to the transaction details on September 1st, the exchange
The L1 Terra Classic Task Force (L1TF) has released an update on the status of the chain’s core upgrade to version v2.2.0. After a week of testing on the rebels-2 testnet, the update should go live on the mainnet in early September. Developer Vinh Nguyen of the L1 Terra Classic
In the 12th round of the LUNC burn mechanism, Binance burned 1.41 billion Terra Luna Classic (LUNC) tokens. The most recent burn brings the overall number of LUNC tokens burned by the cryptocurrency exchange to 37 billion, and the total number of LUNC tokens burned by the community to over
The Terra Luna Classic (LUNC) community will administer a wallet that is owned by the community and operated by the Joint L1 Task Force (L1TF). The Terra Luna Classic community has approved LUNC validator Happy Catty Crypto’s updated proposal to avoid privatization and emphasize creating wallet infrastructure. As Proposal 11645
Altcoin season is resurfacing on the global crypto market scene with newer trends. The partial victory of Ripple in its three-year-long lawsuit against the SEC has become one of the prime catalysts for this re-emergence. In this article, we have listed the day’s top trending cryptocurrencies based on two key
Binance, the world’s largest crypto exchange, has announced its support for the Terra (LUNA) network upgrade. The Terra community has successfully passed the on-chain proposal for the Phoenix software upgrade v2.4, with a majority of votes in favor of the upgrade. As a result, the price of LUNA has witnessed
ClassyCrypto, the operator of the Terra Luna Classic validator Classy’s Sphere, hopes that by burning billions of LUNC tokens, he will restore validator burns and put the LUNC price back up to $1. ClassyCrypto has declared that, until the end of the year, it would spend all of its validator’s
The Joint L1 Task Force (L1TF), a group of community-backed core developers for Terra Luna Classic, has suggested a bug bounty program to reward those who discover and responsibly disclose flaws in the system. The reward will be paid entirely out of donations to LITF made by the general public.
