Terra back online but LUNA, UST still on life support
Sponsored
Sponsored
Terra resumed block production on 03:45 am HKT on Friday after network validators shut down the blockchain for more than an hour and a half in fear of a governance attack. See related article: Terra…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
On Monday, developers of the Terra ecosystem, which consists of Luna Classic (LUNC) — formerly known as Terra (LUN, TerraUSD (USTC), and Luna 2.0 (LUNA), proposed a revised expansion program for allocating 95 million LUNA ($248 million). As told by Terra, the new proposal is designed to incentivize development in…