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Edward Kim Speaks Out on Terra Classic’s Allnodes Validator Concern

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Terra Classic core developer Edward Kim lent his voice to the discussion about Allnodes’ operations as a validator on the blockchain in a Twitter thread yesterday.

The developer noted that Notional Labs developer Jacob Gadikian was right to express concern over the operations of the validator. According to Kim, all community members should operate their validator nodes in the ideal situation. The core developer, who doubles as the director of the Terra Grants Foundation, said this while sharing materials that could help users start running a node.

In addition, Kim points out that Allnodes will increase its commission next week to incentivize users to stake elsewhere and reduce its alarming 40% voting power. According to the TGF director, the validator will increase it by 1% daily till the commission gets to 10%, asserting that he has proposed further increases if the voting power does not significantly decrease.

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