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Controversy Surrounding Terra Classic Governance Leads to Administrator Resignation and Reversal
Terra Classic (LUNC)

Controversy Surrounding Terra Classic Governance Leads to Administrator Resignation and Reversal

In a recent development that has stirred up controversy within the Terra Classic ecosystem, Edward Kim, the administrator of the Terra Classic discussion forum CommonWealth, voluntarily vacated his role on Tuesday. His decision came as the Terra Classic community strives to adopt a decentralized approach to govern the project. The reins of the CommonWealth forum have now been transferred to the L1 Joint Terra Classic Task Force (L1JTF) project manager, Vinh Nguyen. Read Also: Shibarium SSI: Pioneering Self-Sovereign Identity to Revolutionize Digital Trust Terra Classic Administrator, Edward Kim Vacates his role The controversy began when HappyCattyCrypto (HCC) reported that Edward Kim, along with Rexx and Bilbo Baggins, had executed a significant change without the approval of the LUN...
Tony Edward Foresees XRP Rally upon Bitcoin’s Retracement Peak, Hinging on Ripple Lawsuit Outcome
XRP News

Tony Edward Foresees XRP Rally upon Bitcoin’s Retracement Peak, Hinging on Ripple Lawsuit Outcome

In a recent tweet, Tony Edward, the founder of the Thinking Crypto Podcast, shared his excitement for a potential XRP rally in the wake of Bitcoin's retracement peak. Edward specifically identified XRP and Ethereum (ETH) as promising altcoins and expressed optimism regarding a favourable ruling by Judge Analisa Torres in the ongoing lawsuit between Ripple and the US Securities and Exchange Commission (SEC). He believes that this ruling could catalyze XRP's upward trajectory. Read Also: SHIB Catapult To 14th Position In value With 29 Trillion Token Regaining Profit https://twitter.com/ThinkingCrypto1/status/1671933851466186757 Tony Edward Expects XRP Rally Edward's expectations for an XRP rally are closely tied to the outcome of the Ripple lawsuit. He predicts that as Bitcoin approa...
Terra Classic Community Passes Two Key Signal Proposals Addressing The Binance’s Concerns, Binance May Likely Resume LUNC Burns
Cryptocurrency

Terra Classic Community Passes Two Key Signal Proposals Addressing The Binance’s Concerns, Binance May Likely Resume LUNC Burns

The largest exchange, Binance, may likely resume its LUNC burns as the community of Terra Classic votes to pass two key signal proposals addressing the exchange’s concerns. Notably, the signal proposal was suggested by Terra Classic core developer Edward Kim following after Binance made changes to their burn contribution following the passing of Proposal 10983, which sought to re-mint 50% of all burned LUNC tokens instead of 10% to introduce more funds to the community pool. It is worth noting that Binance has suspended its burns till March and proposed conditions for the contribution to resume burns on exchange but it promised to resume back provided the needs were met by March 1. It also disclosed plans to burn 50% of trading fees instead of the initially-promised 100%. Binance...
Edward Kim Gives Some Highlights Pertains The Allnodes’ Operations. Check It Out
Blockchain

Edward Kim Gives Some Highlights Pertains The Allnodes’ Operations. Check It Out

Terra Classic’s core developer, Kim Ed, noted in a recent tweet discussing some matters concerning the Allnodes’ operations as a validator on the blockchain. He noted backing the Notional Labs developer Jacob Gadikian, saying that he was right to have expressed concern about the operations of the validator. According to Kim, all community members should operate their validator nodes in the ideal situation. The core developer, who doubles as the director of the Terra Grants Foundation, said this while sharing materials that could help users start running a node. Read Also: Attorney John Deaton To Attend An Upcoming Important Hearing For All Crypto. See What It Entails https://twitter.com/edk208/status/1618314591037165568 Contention Points On The Allnodes' Operations In add...
Terra Classic Developer Initiates The Voting For The Reopening Of IBC By December 5.
Blockchain

Terra Classic Developer Initiates The Voting For The Reopening Of IBC By December 5.

Before this time, Edward Kim released an update on his proposal to reopen the Inter Blockchain Communication before the Terra classic network upgrade, in his tweet today, he revealed has just initiated the voting of the proposal of reopening the IBC. As the previous post stated, the reopening will only be done provided the community of the LUNC supported the process as the reopening was slated previously slated to occur with the network upgrade that shall be happening by Q4, 2022. Terra Classic Has Started Voting For The Reopening Of IBC Edward noted; “Another proposal… Re-enable IBCs to Osmosis, Juno, and Crescent. Happy Thanksgiving!” Kim wrote, sharing the link for community members to vote. https://twitter.com/edk208/status/1595638311892258817 If the proposal passes, ...
Terra Classic Core Developer, Edward Kim, Publishes A  Proposal To Re-open IBC Channel Before The Next Network Upgrade
Blockchain

Terra Classic Core Developer, Edward Kim, Publishes A Proposal To Re-open IBC Channel Before The Next Network Upgrade

It has been a celebration of joy among the community of the Terra Classic as the proposal to re-open the network’s Inter Blockchain Communication (IBC) was published by one Edward Kim, a prominent Terra Classic developer. Edward Kim Asks For Community's Comment On Proposal To Re-open IBC There have been a lot of comments as Edward Kim kept the floor open for the analysis. He stated via his Twitter handle; “Please share your comments on the following proposal discussion,” Read Also: SHIB Super Store, One Of The Community-led Initiatives, Burns 26.77M SHIB In One Transaction, https://twitter.com/edk208/status/1594776120594993169 The proposal will see the lines of communication and commerce between the Terra Classic network and Cosmos chains like Osmosis, Crescent, and Juno ...
Terra Classic Launches First-Person Shooter (FPS) Game Where Users Can Play And Earn Reward
Cryptocurrency

Terra Classic Launches First-Person Shooter (FPS) Game Where Users Can Play And Earn Reward

Terra Rebel’s co-founder, Professor Edward Kim, recently launched a First-Person Shooter (FPS) Terra Classic (LUNC) game. Edward Kim is an associate professor of computer science at Drexel University, a co-founder of Terra Rebel, the team behind the revitalization of LUNC and also a leading developer at the LUNC network. It is worth noting that the First-Person Shooter game was launched on Unity Play, a platform where potential game creators deploy their latest WebGL creations. Professor Kim said the game was launched following massive interest in it.  Read Also: Dogechain Confirms It Will Burn 80% Of Its Total Unreleased Supply In A Few Days, 800 Billion Dogechain To Be Burned https://twitter.com/edk208/status/1585351145521676289 Edward Kim noted in his tweet saying; “Se...