Voting for Terra Luna Classic v2.1.0 upgrade opens soon

2023-6-5 14:01

The Terra Luna Classic community will vote on the v2.1.0 upgrade proposal on June 7.

If the proposal is approved, LuncBurnArmy stated that the upgrade would go live on June 14.

Terra Classic upgrade v2.1.0

The v2.1.0 upgrade proposal includes a 5% validator commission to attract more validators, Cosmwasm v1.1.x, and the implementation of protocol security updates, including patching the infinite fee grant bug.

Cosmwasm refers to a modular Cosmos-based platform that simplifies developing smart contracts—the Cosmwasm GitHub details example smart contracts, including those geared toward DeFi or token usage.

The protocol includes a template repository, enabling developers to pick one for configuration, thus eliminating the need to build smart contracts from scratch.

“This will give you a simple contract along with tests, and a properly configured build environment. From there you can edit the code to add your desired logic and publish it as an independent repo.”

Cosmwasm will also enable multi-chain smart contract functionality if the proposal is approved.

LUNC price performance

Although the proposal was first issued on June 3, the price of Terra Classic did not respond until June 4 – recording a 36% increase from its daily opening of $0.00008459.

The move peaked at $0.00011508, which is a level that has recently proven significant support and resistance. An attempt to break through this price on June 5, at 04:00 BST, was rejected, leading to a slide erasing approximately half of Sunday’s gains at the time of press.

Source: LUNCUSDT on TradingView.com

The Terra Classic chain is the original Terra chain that suffered when UST de-pegged, and allegations of fraud at the hands of Do Kwon and his associates came out.

The token is down 99.9% from its $119.18 all-time high, achieved on April 5, 2022. However, Terra Classic advocates maintain that the project can recover, with some, including Bull.Lunc, drumming up support for a $0.10 price in 2024 off the back of its recent performance.

The post Voting for Terra Luna Classic v2.1.0 upgrade opens soon appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Terra KRW (KRT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.000912 (-100%)

upgrade classic terra proposal june luna luncburnarmy

Источник: cryptoslate.com

upgrade classic → Результатов: 68


Фото:

Ethereum Classic Undergoes Thanos Hard Fork Upgrade for Improved GPU Miner Access

After crossing the 11. 7 million block height milestone, Ethereum Classic (ETC) has undergone a hard fork to bring about the anticipated Thanos upgrade. The Ethereum fork has suffered numerous security issues with multiple 51% attacks and proponents are hoping the new Thanos upgrade will provide much-needed network fidelity while allowing GPU-based mining to continue.

2020-11-30 18:01


Ethereum Classic Price Analysis - On-chain activity drops despite recent protocol upgrade

Ethereum Classic (ETC) is a distributed ledger and decentralized computing platform with smart contract capabilities, created in 2016 by forking the original Ethereum (ETH) project. The crypto asset is currently 21st on the Brave New Coin market cap table, with a market cap of US$765 million and US$110 million in trade volume over the past 24 hours.

2020-6-23 15:01


Ethereum Classic’s ‘Phoenix’ Hard Fork In June Will Bring Compatibility With Ethereum

Ethereum Classic set to undergo its third network upgrade in efforts to fully allow inter-blockchain compatibility with its sister-chain, Ethereum. According to the press release by lead developers, ETC Labs, the “Phoenix” upgrade will be activated at block number 10, 500, 839, expected to be mined around the start of next month. The Ethereum community […]

2020-5-19 17:45


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.

2019-10-31 14:31


дальше еще 19 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

NFT Domains: How to Register and Trade for Profit

NFT domains offer true digital ownership, simplify crypto transactions, and enhance brand identity as Web3 adoption grows. Secure your NFT domain now to profit. The post NFT Domains: How to Register and Trade for Profit appeared first on NFT News Today.

Biometric NFTs: A Fresh Approach to Securing Digital Identity

Explore how biometric NFTs secure digital assets by linking blockchain tokens with unique human traits, ensuring safer transactions, identity, and ownership. The post Biometric NFTs: A Fresh Approach to Securing Digital Identity appeared first on NFT News Today.

Blockaid new dashboard to track Web3 activity and threats

Blockaid, a blockchain security firm, has launched its State of the Chain dashboard.  This dashboard is an interactive tool offering a detailed view of Web3 activity and threats from 2024, according to a press release shared with crypto.news. The dashboard…

Guide to NFT Staking and Earning Passive Income

NFT staking lets you earn passive income by locking up your digital collectibles on specialized platforms. Turn idle NFTs into dynamic assets with this guide. The post Guide to NFT Staking and Earning Passive Income appeared first on NFT News Today.