Home > NEWS > Just-In: Binance Supports Terra Classic (LUNC) Upgrade, Will It Start A Bull Run?

Just-In: Binance Supports Terra Classic (LUNC) Upgrade, Will It Start A Bull Run?

Binance will support Terra Classic (LUNC) blockchain upgrade from v1.0.4 to v1.0.5 on February 14, likely starting a LUNC price rally.

On Monday, Binance, the world's largest login password trading center, announced that it is applicable to Terra Classic (LUNC) upgrade.

Terra Classic (LUNC) Internet upgrade will be carried out at the height of db block11543150It is expected to be on February 14.

This upgrade is part of Proposition 11310 put forward by the L1 Collaborative Research Group Development and Design working Group led by Professor Edwarkin, which aims to upgrade the chain from 1.0.4 to 1.0.5.

Binance announces software upgrade for Terra Classic mobile phone

According to the official announcement on February 6th, Binance will support the upgrade of the Terra Classic (LUNC) blockchain from v1.0.4 to v1.0.5 with a block height of 11543150. The required block height is expected to be achieved by February 14, compared with 11416500 at this stage.

Binance will suspend LUNC token savings and withdrawalsThe height of Terra Classic Lego blocks is 11541520.. Once the Terra Classic network becomes more stable after the upgrade, savings and withdrawals will be repaired.

In particular, Terra Classic (LUNC) tokens trading transactions will not be affected during the Internet upgrade period.The Binance service is committed to solving all technical standards for consumers who have LUNC in their Binance account.

The community last week upgraded the blockchain to version 11310, which was put forward by key developer Edwards King. This will make it easier and smoother to estimate transaction fees (fuel surcharge) and upgrade chains in the future. According to the account in GitHub, Edward Kim calls this upgrade the most important shift.

In fact, according to the Q1 route map of the collaborative L1 research group, this is also the first upgrade of the Terra Classic block chain. Slightly inferior are the 1.0.6, Cosmos SDK, Tendermint and 2.0.4 upgrades.

Interestingly, this will fix the Binance LUNC ignition system. This upgrade will result in developers having to make changes according to the requirements of Binance in order to gradually reignite LUNC from March.

Will the monthly price increase continue?

Higher ratings are likely to push up LUNC prices, while uncertainty will increase this week. Last week, lunch prices warmed up to more than $0.00020.

Lunch prices have fallen by nearly 1% in the past 24 hours, and the current transaction price is $0.0001843. The 24-hour bottom and higher are $0.0001785 and $0.0001885, respectively.

Please also refer toAkita Dog District encountered great obstacles before the release of Chai Wo Hall.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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