Relief for LUNC holders as new proposal eliminates burnt token minting

LUNC pulled off a 47. 87% upside within the last seven days. Its weighted sentiment metric registered an uptick. Luna Classic (LUNC) is currently among the most volatile cryptocurrencies.

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LUNC community passes proposal 5234, here's why it's important for you

Recently, the Terra Classic ecosystem was quite heated as a significant new update was approved. The LUNC community passed Proposal 5234. According to this, the 1.2% tax burn protocol was changed to 0The post LUNC community passes proposal 5234, here's why it's important for you appeared first on AMBCrypto.

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Terra LUNA Classic community reduces tax burn to 0.2%

Terra Classic community approved proposal 5234, which reduces 1.2% tax burn to 0.2% and reserves another 10% tax revenue for the ecosystem infrastructure and contributors. The post Terra LUNA Classic community reduces tax burn to 0.2% appeared first on CryptoSlate.

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Terra Classic: Blockchain developer proposes new grants program to attract 'new utility'

Terra blockchain developer Edward Kim has shared a proposal to launch a Terra Classic Grants program. The directive is aimed at an efficient and transparent distribution of community pool funds. KiThe post Terra Classic: Blockchain developer proposes new grants program to attract 'new utility' appeared first on AMBCrypto.

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Terra USTC spikes 33% after talks of re-peg

De-pegged Terra Classic stablecoin, Terra UST (USTC), rose by over 30% after the emergence of a proposal by Terra classic core developer Tobias Andersen to re-peg the token. The post Terra USTC spikes 33% after talks of re-peg appeared first on CryptoSlate.

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Can Terra Classic’s USTC Stablecoin Ever Reclaim $1?

USTC shot up 57% shortly after a Terra developer published a proposal calling for the community to work on bringing the former stablecoin back to its $1 pegand keep it...

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Terra Classic Community Proposes Repeg Idea for USTC; How Far Will This Fly?

Question remains how far proposal can fly

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Binance Implements Terra Classic ($LUNC) Burn Mechanism

Binance, the world’s largest cryptocurrency centralized exchange (CEX) by volume, has announced a burn mechanism to burn all trading fees on $LUNC spot and margin pairs. The Burn Mechanism Is a Response to the $Lunc Community Proposal Following the Terra…

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Terra Classic [LUNC] traders must pave way for bulls after this proposal

Terra Classic [LUNC] is among the more interesting cryptocurrencies that has been in our watch list especially in the first half of September. It has undergone a retracement since then as expected butThe post Terra Classic [LUNC] traders must pave way for bulls after this proposal appeared first on AMBCrypto.

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Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule

In an attempt to revive the failed Terra blockchain’s LUNC token, the approved proposal will tax and destroy 1.2% of every transaction to reduce supply.

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MEXC Declares It Will Support the Upgrade of LUNC and Burn LUNC Spot Trading Fees

MEXC will begin a time-limited burning event for spot trading fees for LUNC/USDT and LUNC/USDC starting September 3, 10:00 until September 17, 10:00 in support of the burn tax proposal from the Terra Classic (LUNC) community (UTC).

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LUNC up 134% in 7 days amid massive community support and burn tax proposal

Terra Classic (LUNC) has witnessed a massive rally over the past week. It has risen by about 134. 2% over the past seven days according to Coingecko. LUNC has also attracted significant interest from investors with its daily trading volume surging by over $2 billion.

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CoinMarketCap Updates LUNA to Terra Classic in Anticipation of New Chain

After the UST depegging earlier this month, which caused LUNA to drop over 99% in price, the community behind the token passed a revival plan proposal that will fork the old chain, creating a new token and blockchain without the stablecoin.

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Terra Luna 2.0 Proposal Passed, Do Kwon Disputes Rumors

The Terra Luna 2. 0 Revival Plan has officially passed with over 65% voting in favor of the vote, 20. 98% voting to abstain, 0. 33% voting no, and 13. 20% voting no with veto. This means a new Terra chain will be created, and Luna will be airdropped across LUNA Classic stakers, holders, residual UST holders, and essential […] The post Terra Luna 2.

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Do Kwon’s Luna revival plan passes with just 65% of votes

The proposal to create a new genesis chain for Terra LUNA has passed with just 65% of voters voting “yes,” 20% “abstain,” and 13% “no with a veto. ” Therefore, on May 27, a new LUNA-only blockchain will be launched at block 0, and the current LUNA token will be renamed Luna Classic.

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Terra Luna Revival Plan 2 – Renaming the Network to Terra Classic and LUNA Classic

After an uncertain last week and with LUNA’s price dropping below 1 cent, Do Kwon, the founder of Terra Luna, announced a new revival plan on Twitter. A new governance proposal #1623 suggests renaming the existing network to Terra Classic, renaming LUNA to LUNA Classic, and birthing a new blockchain.

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Terra ecosystem to vote on a fork to create Luna Classic and Luna Core

Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2. ” In it, he has outlined an updated version of his original plan, which described forking the current Terra blockchain from a snapshot taken before the ‘attack.

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Do Kwon outlines fork proposal as he seeks to save Terra

The proposal is to have a new Terra (LUNA) chain and (old)Terra Classic (LUNC),…

The post Do Kwon outlines fork proposal as he seeks to save Terra appeared first on Coin Journal.

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IOHK’s proposal for the ETC community could use Cardano or Bitcoin for prevention of 51% attacks

Will Ethereum Classic's community accept this new solution from Charles Hoskinson's IOHK?

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Charles Hoskinson's IOHK submitted a decentralized treasury proposal to the Ethereum Classic community

Would a 20% block reward reduction matter in the long run?

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Ethereum Classic Not Keen on Hoskinson’s Treasury Proposal

Ethereum Classic Labs are exploring ways to protect the network and move forward following the 51% attack two weeks ago. Initial discussion on what to do are taking place today. Attendees include IOHK CEO Charles Hoskinson, as well as other stakeholders.

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Ethereum Classic Cooperative's Summerwill accuses Rust dev of doxxing ECIP editor

The Executive Director at Ethereum Classic Cooperative [ETCC], Bob Summerwill, recently announced the extension of support for the ECIP-0001 proposal. However, along with some crucial changes, what isThe post Ethereum Classic Cooperative's Summerwill accuses Rust dev of doxxing ECIP editor appeared first on AMBCrypto.

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Ethereum Classic's Agharta proposal moves closer to finalization

Ethereum Classic's successful execution of Atlantis hard fork, led the way to Agharta, the second half of the Atlantis hard fork. Atlantis contributed to enhancing ETH compatibility; however, Agharta The post Ethereum Classic's Agharta proposal moves closer to finalization appeared first on AMBCrypto.

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Команда Ethereum Classic назвала ориентировочную дату хардфорка Agharta

Разработчики Ethereum Classic представили дорожную карту хардфорка Agharta, направленного на совместимость с блокчейном Ethereum. The Agharta upgrade will be inclusive of the ETH Constantinople features making #EthereumClassic fully compatible with #Ethereum.

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Crypto Market Wrap: Ethereum Classic Pumps 25% as Hard Fork Proposal Proceeds

Crypto markets still moving up; Litecoin, Bitcoin Cash and Ethereum Classic leading the way. Market Wrap The momentum has continued throughout the weekend and crypto markets remain buoyant this Sunday.

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ETC Labs Proposed ECIP-1054: Atlantis EVM and Protocol Upgrades

ETC Labs is working repository for ETC improvement proposals. Recently, the team put forward ECIP-1054. The proposal is to enable Ethereum Foundation Spurious Dragon and Byzantium network protocol upgrades on the Ethereum Classic network in a hard-fork code-named Atlantis.

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Ethereum Classic (ETC) Prof Proposes Simpler Smart Contract Debugging

Christian Seberino, an Ethereum Classic and IOHK professor, has proposed a new method of debugging smart contracts. With millions of dollars lost to smart contract flaws each year, designing secure smart contracts is a vital matter.

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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

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Tron [TRX]’s Justin Sun gets new business proposal from Cardano [ADA]’s CEO

A recent tweet by Charles Hoskinson, the Founder of Cardano [ADA] has left the Tron [TRX] community baffled. While the entire blockchain ecosystem has been constantly engaged with the Tron’s migration from Ethereum blockchain to its own blockchain, Charles suggests Mantis, a Scala Client supported by IOHK for Ethereum Classic [ETC]. Tweet by Charles Hoskinson […]

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Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead

It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.

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