Tuesday, February 7

Tag: Terra Classic Developer

There Has Been Dispute Emergence Among The Terra Classic Developers Over the Casino Code Theft. Here’s Why
Blockchain

There Has Been Dispute Emergence Among The Terra Classic Developers Over the Casino Code Theft. Here’s Why

There has been a dispute among the Terra Classic developers following the Casino code theft. Recall that the Casino is set to launch on the Terra classic network before the emergence of the theft controversy. Rex Harrison also known as Rexzy, a senior member of the TerraCVita, an independent Terra Classic development group, shared a tweet, to ascertain the launch of a Casino on the Terra Classic network. Read Also: David Gokhshtein Says Not All Upcoming Assets Can Be Like SHIB In Terms Of Exponential Growth https://twitter.com/RexYellerBelly/status/1594020841620008960 Casino code theft brings Disputes among the Terra Classic developers Per the tweet, Rexzy noted that the casino and OWLDAO, the 7th largest decentralized app in crypto, as the partner behind the casino. I...
Terra Classic Developer Designs A New Proposal That Will Burn LUNC Worth $2 Million
Cryptocurrency

Terra Classic Developer Designs A New Proposal That Will Burn LUNC Worth $2 Million

The Terra community has been popularly known for its indefatigable act of reducing the LUNC token, aside from the former designs brought up by various developers, A Terra classic core developer, Alex ForShaw designed a new proposal as a means of removing LUNC worth $2 million from the circulation. A New Proposal To Burn LUNC Worth $2 Million Alex ForShaw made this known in a medium post shared yesterday while giving an update on the multi-sig wallet holding about $4 million in off-chain assets. Read Also: Ripple's General Counsel, Stuart Alderoty Slams Again, Saying SEC Has failed Time And Again To Protect Anyone https://twitter.com/4lex_4sh4w_TR/status/1590830915349250048 Alex ForShaw ad a few others who have given themselves to giving the community signals on the wallet...
TerraCVita Urges People To Vote A Yes For The Proposal To Re-enable IBC, Some Community Members Go Against. Here Is Why
Blockchain

TerraCVita Urges People To Vote A Yes For The Proposal To Re-enable IBC, Some Community Members Go Against. Here Is Why

In a recent tweet shared by TerraCVita, canvasing the community to vote on the proposal to re-enable the Terra Classic Inter Blockchain Community (IBC) channels authored by a couple of its members. TerraCVita Call The Community To Vote Yes For The Proposal “Great progress to re-establish IBCs and bring life to TerraClassicfrom Talentekija one of our fantastic devs TerracVita" Read Also: Whale Purchases A Whopping 205.81 Billion SHIB Making The Total Whales' Holding To Be 2.83 Trillion https://twitter.com/TerracVita/status/1587905449508196352 Notably, fragwuerdig, the original proposer authored it with the help of Rex Harrison, AKA Rexzy or RexYellerBelly. The TerraCVita members published the proposal codified as proposal 10880 in October. Community Members Go Agai...
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...
Zaradar’s Terra Classic Re-Peg Proposal Is Finally Out, Terra USD’s Price And Tokens Market Cap Spikes
Blockchain, Cryptocurrency

Zaradar’s Terra Classic Re-Peg Proposal Is Finally Out, Terra USD’s Price And Tokens Market Cap Spikes

The long-awaited Zaradar’s Terra Classic re-peg proposal is out and awaits the community debate on it, there has been a spike in both the USD stablecoin and LUNC token following its release. Terra USD Reacts To The Re-Peg Proposal The price of the USD stablecoin spiked over 13% in the last 24 hours, trading at $0.03311, while the LUNC token’s market cap spiked over 14%, adding about $50 million, while the trading volume has surged by over 700%, now at about $76.7 million. https://twitter.com/ZaradarTR/status/1579112369036218369 Read Also: Dogechain Grows Bigger As Its Transaction Hits 50 Million And Total Unique Wallets Hits 244,000 Terra Classic Re-Peg Proposal Recall that there has been a lot of noise in the community over the issue of Terra re-peg as Alex Forshaw r...
A Terra Classic Developer, Zaradar, Says “No One Would Be Minting More LUNC As Long As He Remains In Charge”.
Cryptocurrency

A Terra Classic Developer, Zaradar, Says “No One Would Be Minting More LUNC As Long As He Remains In Charge”.

The recent unveiling of the proposal that will permit the community to mint a total of 500 billion LUNC as a part of a designed plan to restructure and re-peg UST by Alex Forshaw has been blatantly gone against by one of the core developers at the Terra classic named Tobias Andersen(Zaradar), the developer says “no one would be minting more LUNC as long as he remains in charge”. Read Also: Ripple's Enthusiasts Say SEC Has No Focus In The Ongoing Lawsuits: Detail https://twitter.com/ZaradarTR/status/1577211381472198656 Terra Classic Developer Says “We Can Fix USTC Without Minting More LUNC,”  Zaradar noted; “We can fix USTC without minting more LUNC,” and further stated; “Don’t make other people bad ideas my problem, and trust me when I say that as long as I’m in charge of t...