Edward Kim, a key real estate agent of Terra Classic, clearly put forward that the No. 11310 proposal has passed the threshold unanimously. The proposal aims to upgrade the blockchain from v1.0.4 to v1.0.5, and introduce coding to enable future upgrades.
The upgrade also allows Terra Grants Charitable Foundation to make important changes proposed by Binance, the data encryption trading center, to repair the LUNC disc burning system.
Edward Kim, a key real estate agent of Terra Classic, submitted Proposal No. 11310 last week. As part of the proposal, we will cooperate with the L1 research team to upgrade the mobile software of Terra Classic blockchain from v1.0.4 to v1.0.5. This will make it easier and smoother to estimate transaction fees (natural gas and combustion tax) and upgrade the future chain.
Although there is still a day of online voting, the community has already been eager to approve Edward Kim's blockchain upgrade proposal. The LUNC community has always applied the opinions clearly put forward by Professor Jin.
According to the current details of online voting, 99.99% of voters apply the proposal. So far, 46 confirmed votes have been received, and all voted in favor. Among the top verifiers, Allnodes, Star Empire Rest Area, StackBin, Luna Station 88 and Classy's Sphere voted in favor of the proposal.
The joint L1 research team composed of Edward Kim, Tobias "Zardar" Anderson and other developers will repair the node LCD endpoint to correct the measurement problem in the LCD. The upgrade is planned to be carried out in 11543150 Commercial Street on February 14.
In fact, this is also the first upgrade of Terra Classic blockchain in the route map in the first quarter. Later, v1.0.6, Cosmos SDK, Tenderment and v2.0.4 will be upgraded.
In addition, it will also make developers have to make corresponding changes according to Binance's opinion to repair combustion. The data encryption trading center temporarily stopped its LUNC burning system, and reduced its commitment to burn 50% of the LUNC spot transaction and guarantee deposit transaction costs, instead of 100%. If the Terra Classic community cannot make such changes, Binance may terminate its LUNC combustion system.
Terra Classic recently hosted a large-scale gathering, and the community members rekindled their interests. However, the price of LUNC has lost its upward trend.
The price of LUNC has increased by nearly 1% in the past 24 hours, and the current trading price is US $0.0001791. At the end of 24 hours and higher, they were $0.0001773 and $0.0001804 respectively. In addition, the trading volume has dropped by 40% in the past 24 hours, which indicates that the traders lack interests.
Load at the same time: The price of BTC (BTC) will reach US $25000 or US $2100. What is the next step?
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Tue, 18 Apr 2023