proposal Archives - Page 2 of 2

Recall the promise of the IOHK team during the postponement of the Vasil Hard Fork Launch in June, which was due to the outstanding bugs and necessary tests that must be run on the upgrade before its launch on the mainnet. As stated by the IOHK team, the postponement was mandatory to prevent the integrity of the Cardano community. A few days ago, the proposal was submitted and gave a glimpse of the Hard Fork release. It is good to know that presently, Vasil Hard Fork is now on the testnet waiting for its release on the mainnet which was slated to go live in the later part of July. Read Also: Columbia Developers In Conjunction With Ripple Introduces The First Land Registry On The XRP Ledger. As reported earlier by Cryptolifedigital, it was designed to come live on testnet a...

A LUNC investor has fielded a proposal to burn tokens and cause a sharp spike in price. For some time now, the Terra community has complained that Do Kwon and Terraform Labs have left LUNC and UST. A previous demand by the community for TFL to implement a LUNA burning mechanism was rejected, and Do Kwon and his team instead elected to create Terra 2.0. Currently, another proposal by a LUNC investor is causing ripples within the community and the crypto market. The proposal suggests a straightforward LUNC burning mechanism that will lead to a decrease in supply and a price increase. Read Also: Binance To PayPal Short Guide: How To Transfer Crypto From Binance To PayPal The LUNC Burning Mechanism As stated by the proposal, a 1.2% tax/burn will be implemented on all LUNC tra...

Tag: proposal

IOG Team Successfully Hard Forked The Cardano Testnet; Pathway To Vasil Upgrade On Mainnet.

New Terra Luna Classic (LUNC) Burning Proposal Gets 80% Votes In Favor, Will It Be Implemented?