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Terra Classic Developer Highlights 7 Risks Facing LUNC Blockchain

The developer, highlighting perceived risks, believes that the chain is recording general improvements.

Rex Harrison, AKA Rexzy, a senior member of TerraCVita, an independent Terra Classic development group, has highlighted seven risks facing blockchain.

According to Rexzy, the risks include:

  • Centralization risks from concentrated voting power 
  • Security risks, as some validators have their keys in the custody of Allnodes, a node-hosting service 
  • Broken technology 
  • Instability in governance decisions, citing the frequently changing tax parameter on the blockchain, which could potentially discourage business and investors 
  • poorly-informed and toxic leadership 
  • Poor image in the investor community 
  • Lack of accessibility 

(By OKOYA DAVID)

Terra Classic Terra Classic $0.00
-2.93%
Terra Classic LUNC Blockchain
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