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Tag: IBC

Terra Classic Developers Successsfull Links The IBC To Osmosis
Blockchain

Terra Classic Developers Successsfull Links The IBC To Osmosis

In a recent development, it was revealed that the linking of Inter Blockchain Communication (IBC) to Osmosis has been successful. It was recently reported how the Terra Classic has been beckoning to the Osmosis to be part of the LUNC burns, saying that it will be an additional effort to the community burns. https://twitter.com/TerraRebels/status/1602439228473892865 IBC To Osmosis Is Successful Rex Harrison, AKA Rexzy (@RexYellerBelly,) a senior member of TerraCVita, a competing independent developers group, also confirmed the development, sharing a screenshot of a successful transaction.  Read Also: Terra Classic Burns Over 13.7M LUNC Over The Weekend And In The Early Hours Of Monday. https://twitter.com/RexYellerBelly/status/1602495731163602945 Notably, the Osmosis ...
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 Network Upgrade (v23) Is Set To Occur In Q4 2022
Blockchain

Terra Classic Network Upgrade (v23) Is Set To Occur In Q4 2022

The recent development revealed that the Terra classic is a few distances from becoming fully Cosmo Interoperable as a much anticipated v23 upgrade is slated to come up in December 2022 (Q4 2022). Terra Classic v23 Upgrade comes Q4 2022: Terra Rebel Terra Rebel, the group of developers behind the LUNC network, tweeted recently saying that it is ready to roll out the v23 upgrade and re-open Inter Blockchain Communication in Q4 2022, sharing the thoughts of core developer Edward Kim. Read Also: Investors Move Over 475.15 Million XRP In The Past 24 Hours, Ripple Locks A Total Of 1.2 Billion In The Escrow Wallet Terra Rebel noted; ” … we’re looking at reworking the underlying Cosmos tender mint skeleton and upgrading vanilla Cosmos 45.8 And then upgrade to Tendermint v34,” core de...