Terra Blockchain Successfully Upgrades to v.2.4 Pushing for LUNA Adoption
Earlier today, the Terra blockchain underwent a strategic upgrade at block height 5994365, signalling the network's transition to version 2.4. This upgrade aims to introduce several new features and improvements to the chain while also encouraging the widespread adoption of its native token, LUNA.
To ensure the successful implementation of this consensus-breaking change, the Terra mainnet, also known as Phoenix-1, was taken offline at approximately 13:00 (UTC) on the same day, temporarily halting block production.
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