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The cryptocurrency market's present bearish sentiment and increasing FUD have extended the correction trend of many coins in September too, with the LUNC coin being no exception. The altcoin's daily chart shows a subtle yet consistent decline.
The L1 Terra Classic Task Force (L1TF) developer group started the v2.2.1 core upgrade of the Terra Luna Classic chain at block height 14514000 at 10:15 UTC on September 12. The upgrade is taking hours for the L1TF core developer group to complete, unlike the major v2.1.1 parity upgrade in June that successfully went live
In a resounding and unanimous decision, the Terra Luna Classic community has wholeheartedly endorsed Proposal 11766, marking a significant milestone in fortifying the blockchain's robustness and propelling its ambitious development goals. This monumental upgrade, known as version 2.2.1, has ignited fervent anticipation among developers and community members alike.
Crypto exchange giant Binance (CRYPTO: BUSD) extended support for Terra Luna (LUNC) Classic's latest upgrade for bringing major changes to the chain. The Terra Luna Classic community collectively approved the proposal — 99.85% “Yes” votes — for the v2.2.1 core upgrade submitted by L1 Terra Classic Task Force (L1TF) developer group.
Binance made an announcement today saying they're helping with the upgrade of Terra Classic (LUNC). This upgrade will happen when the blockchain reaches a specific point, called block height 14,514,000, at around 2:15 PM (UTC) today.
The world's largest crypto exchange Binance on Tuesday announced support for Terra Luna Classic's latest upgrade to bring significant changes to the chain. The Terra Luna Classic community unanimously passed the proposal for the v2.2.1 core upgrade submitted by L1 Terra Classic Task Force (L1TF) developer group.
The Terra Classic community finds itself grappling with challenges and has put forth a proposal aimed at addressing some pressing issues within the Terra Classic chain.
Terra community puts up an initiative to combat spam, applauded by top on-chain validators.
In the ever-changing landscape of cryptocurrencies, Terra Luna Classic (LUNC) is causing ripples that demand attention. With a current price of just $0.000060, this coin might appear modest, but its remarkable 24-hour trading volume of $3 million speaks volumes.
Terra Classic (LUNC) has taken a decisive action in a bid to tackle the rising tide of spam proposals flooding its blockchain. The project recently submitted a groundbreaking proposal aimed at altering some fundamental aspects of its ecosystem to mitigate the incessant spam proposals that have been plaguing it.
The Terra Luna Classic community declined a proposal to encourage the L1 Terra Classic Task Force (L1TF) core development team to test a market swap with a limiter. This swap function was disabled for LUNC and USTC after the 2022 Terra-LUNA crisis, and some believed it could help bring back USTC's value to $1 and revive LUNC's price.
The Terra Luna Classic turned down a proposal to urge the L1 Terra Classic Task Force (L1TF) core development team to test market swap with a limiter. LUNC and USTC market swap function was disabled after the 2022 Terra-LUNA crisis and can help repeg USTC and revive LUNC price to $1.
The Terra Luna Classic community has agreed unanimously to a proposal for the v2.2.1 core upgrade, which was submitted by the L1 Terra Classic Task Force (L1TF) core developer group. This upgrade will introduce important changes to the blockchain and put into effect changes that were previously approved through governance voting.
The Terra Luna Classic community unanimously passed a proposal for the v2.2.1 core upgrade submitted by the L1 Terra Classic Task Force (L1TF) core developer group. The proposal will bring crucial changes to the blockchain and implement key changes earlier passed through governance voting.
If passed, the new proposal will increase the minimum deposit amount to 5 million LUNC in order to combat spams.
The Terra Luna Classic community is currently voting on Proposal 11780. This initiative aims to combat the surge in spam proposals by raising the minimum deposit amount from 1 million to 5 million LUNC.
The Terra Luna Classic community is currently in the midst of critical voting on multiple proposals.
This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community.
In the world of cryptocurrencies, Terra Luna Classic (LUNC) has been making headlines recently with its remarkable resilience. Over the past 24 hours, this altcoin displayed a modest 0.5% price increase, reaching a value of $0.00006095.
The Terra Luna Classic community is dealing with many proposals, but some seem like spam, especially as the prices of LUNC have fallen lately. To address this, they're voting on a new proposal.
The Terra Luna Classic currently votes on several proposals, but some think “spam” proposals have increased significantly after a drop in LUNC prices in recent months. A new proposal is put up for voting to increase the minimum deposit amount from 1 million LUNC to 5 million LUNC.
Taking a magnifying glass to the tensions in Terra Classic's market swap initiative: Why did the author controversially change his mind?
Story Highlights The current price of LUNC is . Terra Classic price is expected to reach as high as $0.0000914 by the end of 2023. LUNC price could surge to a maximum of $0.00212 by the end of 2030. One of the biggest disasters the industry could ever face.
The Terra Luna Classic community is currently voting on a proposal to stop all minting and reminting of USTC. While the community looks to repeg USTC stablecoin back to $1 and revive LUNC, the proposal opens the door for entities such as crypto exchange Binance to start burning USTC learning that the USTC minting and
