Sat, November 23

Terra Rebel’s Proposal 11459 Shot Down by Significant Validators

Terra Classic Team Reveals Revised Q2 Strategy and Goals Altcoin News
  • A validator with 15% voting power, Allnodes, voted “No” on the request.
  • Terra Rebels is requesting a total of $37,593 in LUNC tokens from the community pool.

The voting process for the Terra Rebels’ Proposal 11459 was dramatic for the Terra Classic community. A validator with 15% voting power, Allnodes, voted “No” on the request by the famous developer group, giving Terra Rebels the upper hand.

A recent dispute between the Allnodes and the Terra Rebels is blamed by some for this event. After receiving just 30% of the vote in favor and receiving 60% “No” and “Abstain” votes, the plan will not succeed.

Endpoint Scalability Requested

On April 15, Allnodes tweeted that it voted “No” on Proposal 11459 because Terra Rebels lacked openness on the nodes it had deployed and the requests it had processed.

Information on nodes and servers that deal with scalability and distributed storage was discussed among the developers. Allnodes, however, has said that it would back the plan after the “TFL team tests and confirms endpoint scalability.”

Including $7,593 in operating expenses and $30,000 in salary, Terra Rebels is requesting a total of $37,593 in LUNC tokens from the community pool. The money will go towards paying for three months’ worth of operating expenses and technical assistance for the Rebel Station’s infrastructure.

Allnodes, StakeBin, LUNC DAO, TerraCVita, and Luna Station 88 were among the validators who cast “No” votes.

Core developers Ed Kim and Tobias “Zaradar” Andersen have departed the Joint L1 Task Force, causing a temporary crisis for the Terra Luna Classic community. There has been a split between the development team and the Terra Grants Foundation (TGF).

The next proposal to support the creation, improvements, and maintenance of the Terra Classic blockchain by a separate team—Proposal 11463 “Expanded & Finalized L1 Task Force [v3] (Q2 2023)”—has been voted down by the community.

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.