Terra Luna Classic v2.3.2
If you’re a Terra Classic follower, you should be aware that the core developer L1TF recently completed a security upgrade called v2.3.2. This upgrade was done to address the sequence mismatch issue that was affecting some validators after the introduction of the dyncomm module.
LUNC Price Surge Amid v2.3.2 Upgrade
Following the Terra Lunc core security upgrade approved by the community, the price of LUNC increased significantly, by 25%. The surge in price can be attributed to the significant rally in Terra Lunc, which saw a 115% increase in a month and 88% in the last week. This surge is mainly due to the substantial 400% increase in TerraClassicUSD (USTC) in a month. Another contributing factor is the launch of new USTC trading pairs and the introduction of the USTC perpetual contract by Binance.
Vinh Nguyen, the developer of the Joint L1 Task Force (L1TF), has promised uninterrupted services to the community, expressing gratitude to reviewers who ensured that this upgrade aligns with the approved proposal. The budget for the upgrade is $51,000, with an expected completion time of 11 days.
Hot Take
The recent upgrade of Terra Luna Classic has brought stability and safety to the platform, benefiting both validators and node operators. The resultant surge in LUNC price reflects the positive impact of these changes, propelling Terra Lunc into a period of significant growth and development.
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