Posts

Showing posts with the label terra classic

Terra Classic Price Prediction: LUNC May Hold Energy Above $0.0000882

Image
Terra Classic (LUNC) Price Prediction – August 15 There has been a situation denoting that the LUNC/USD market is trading in wide range-bound spots as the crypto economy may hold energy above the $0.0000882 line. Price has touched a high of $0.00009952 and a low of $0.00009759 at a negative rate of 4.24 percent. Terra Classic (LUNC) Price Statistics: LUNC price now – $0.00009675 LUNC market cap – $635.7 million LUNC circulating supply – 6.6 trillion LUNC total supply – 6.9 trillion Coinmarketcap ranking – #213 LUNC/USD Market Key Levels: Resistance levels: $0.00011, $0.00012, $0.00013 Support levels: $0.00008, $0.00007, $0.00006 LUNC/USD – Lon-term Chart The LUNC/USD long-term chart reveals the crypto economy may hold energy above the $0.0000882 support level as it trades around $0.00009807. A horizontal line drew to mark down the former value line as the critical baseline. The 14-day SMA indicator is at $0.00009883 beneath the $0.0000995...

Terra Classic Validators Support Crucial Decentralization Proposal

Image
Terra Luna Classic Proposal Gains Support From Top Validators Proposal 11738 “Dynamic Minimum Commission based on Voting Power” submitted earlier this week has gained support from top validators. The proposal submitted by StrathCole and HappyCattyCrypto pointed out the ongoing centralized voting issue within the Terra Luna Classic network. Currently, it has a Nakamoto index of 3-4. advertisement The community approved a 5% minimum commission proposal to increase validators on the chain and reward validators. Also, it makes the governance voting more decentralized. However, top validators have further consolidated their voting power leading to higher centralization than before. Until now, the proposal has received 77% “Yes” votes, but is still away from passing the quorum. Also, it has received 9% “Abstain” and 14% “No” votes. The deadline for the proposal is September 5. Validators have shown support for the propos...

Terra Luna Classic Revotes On USTC Repeg Team's Proposal

Image
Terra Luna Classic Community Voting Again On USTC Proposal Proposal 11730 “USTC / Stable Algo Quant Team” is up for voting from August 26-September 2. The proposal is submitted again for proper validator voting turnout as the Station wallet is live and working after being down for many days. advertisement “This proposal has been re-submitted on behalf of LUNC community. Quant Team is too nice and proud to re-submit it, so somebody has to do it. This time, since TS is working again, we can expect proper validator voting turnout and live with the final results.” $LUNC proposal 11730 to fund the $USTC Quant Team for the month of August is now live for voting. The author states due to Terra Station being down during the last vote proper validator turnout was not received and this will be the official decision. 💎🤲🏻 #Crypto #LUNC pic.twitter.com/FosK8ROK0C — Mr. Diamondhandz1💎 (@MrDiamondhandz1) August 26, ...

LUNC News: Terra Luna Classic Proposal For Community-Owned Wallet Officially Passed

Image
Terra Luna Classic To Get A Community-Owned Wallet Happy Catty Crypto’s Proposal 11645 “ L1 Team To Build Wallet Infrastructure ” submitted for voting has received support from the community and is now considered officially passed as it surpassed the pass threshold. The proposal has received almost 71% “Yes” and 2% “No” votes, with 27% choosing to vote “Abstain.” advertisement Until now, 20 validators such as Allnodes, HappyCattyCrypto, JESUSisLORD, Classy’s Sphere, and PFC have favored the proposal. Meanwhile, validators including Interstake One, Luna Station 88, and StakeBin voted “Abstain” and one validator rejected the proposal. The proposal is based on the L1TF proposal, the developer team will create a Terra Luna Classic community-owned web version of Station, iOS & Android mobile apps, and Chrome browser extension. The Joint L1 Task Force will develop the community-owned ...

Terra Classic (LUNC) Set To Undergo Core Upgrade, Price Soars Over 15%

Image
Terra Classic Dev To Undergo Major Upgrade After the Joint L1 Task Force developer team successfully completed the  rebel-2 testnet to v2.0.0 last week ,  the Cosmos SDK v0.45.13   Columbus-5 and Tendermint v0.34.24 mainnet upgrade is scheduled at block height 12,812,900, estimated on May 17 at 14:03 UTC. advertisement The upgrade includes features such as a minimum initial deposit for governance proposals that will prevent spam, upgraded Cosmos SDK and Tendermint, and enhanced code maintainability. All nodes and validators are required to install and run the current upgrade version v2.0.1 after the proposal passes. Currently, Proposal 11511 “Proposal for v2.0.1 Upgrade”  has received 99.5% votes in favor of the proposal, while only some voted “No” and “No with veto”. Moreover, major validators such as Allnodes, StakeBin, JESUSisLORD, Lunanauts, and SolidVote support the proposal. The proposal will end on ...