New Project Burns Over 16M Terra Classic (LUNC) At Once
The latest burn brings Cremation Coin’s total burns to 28.6M LUNC in less than a month.
Terra Classic Developer Edward Kim Explains Why LUNC Security is His Priority Over Allnodes Related Concerns
According to Edward Kim, the lead developer at the LUNC L1 Joint Task Force, ensuring the security of the Terra Classic network is the ultimate priority. This he said, not undermining the fact that there are other potential risks associated with the current working pattern of the top LUNC validator, Allnodes.
Allnodes Responds to Terra Classic Concerns, Launches Non-Custodial Node Management
Allnodes has announced a non-custodial node management service directly available for all Cosmos chains.
Terra Classic Community Has Burned Over 218 LUNC This Week
The energetic Terra Classic community continues to burn millions of LUNC daily in a bid to stage a historic comeback for LUNC. So far this week, over <i>218,076,512</i> million LUNC have been taken out of circulation forever via different burn contributions.
Edward Kim Speaks Out on Terra Classic’s Allnodes Validator Concern
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.
Over 22M Terra Classic (LUNC) Tokens Burned this Week
Terra Classic (LUNC) burns have especially increased this week, as the community has witnessed the incineration of over 22 million LUNC tokens as of today. This week’s burns have seen contributions from all angles, with validators making up 48% of the total burns so far.
Massive LUNC Tokens Burn By Terra Classic Validators
The Terra Classic community has burned over 20 million LUNC tokens in a week amid the push to increase the burn rate. Validators and projects running on the Terra Classic network commit to burn millions of LUNC tokens after crypto exchange Binance temporarily suspended its LUNC burn mechanism until March.
Terra Classic Community Passes Proposal To Bring Back Binance Burns
Proposal 11310 by Terra Classic core developer Edward Kim has unanimously passed the threshold. The proposal aims to upgrade the blockchain from v1.0.4 to v1.0.5 and introduces codes to make future upgrades possible.
Terra Classic Developer Submits Proposal To Restore 295 Million LUNC in Wrong 1.2% Taxes
Edward Kim, the Terra Grants Foundation team lead and a top developer of the Terra Classic project has made a move toward the reimbursement of the millions of LUNC tokens in lost fees.
