{"id":70413,"date":"2024-01-31T11:41:32","date_gmt":"2024-01-31T15:41:32","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=70413"},"modified":"2024-01-31T11:41:35","modified_gmt":"2024-01-31T15:41:35","slug":"terra-luna-classic-community-rejects-l1tf-security-upgrade","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/terra-luna-classic-community-rejects-l1tf-security-upgrade\/","title":{"rendered":"Terra Luna Classic Community Rejects L1TF Security Upgrade"},"content":{"rendered":"\n

Terra Luna Classic Community<\/a> Rejects Core Developer L1TF's Security Upgrade Proposal Over Pay-per-Job Concerns from Validators.<\/p>\n\n\n\n

\"Terra
Terra Luna Classic Community Rejects L1TF Security Upgrade<\/figcaption><\/figure>\n\n\n\n

The Terra Luna Classic community has rejected the proposal for a fundamental security upgrade package by L1TF, the project's primary developer. The proposal encountered obstacles when validators, including Allnodes, cast “No” votes, citing proposal 11889, which proposed a pay-per-job model for developments, to justify rejecting the present proposal.<\/p>\n\n\n\n

Terra Luna Classic Rejects Proposed Core Security Upgrade<\/h2>\n\n\n\n

The community rejects proposal 12008 for the Joint L1 Task Force's (L1TF) \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>core security upgrade package even though it is an essential measure for enhancing the integrity and security of the chain. Additionally, the proposal played a crucial role in fulfilling the need for infrastructure support for TFL.<\/p>\n\n\n\n

Following a vote by validators to deny the proposal, support for the proposal fell below 30%. The proposition was opposed by several validators, including Allnodes, Interstellar Lounge, Interstate One, Moon Rabbit Validator,<\/use><\/svg><\/span><\/a> and LUNC DAO.<\/p>\n\n\n\n

As stated by a validator, blocking pull requests hinders the chain's immediate advancement and has extensive ramifications, such as eroding community trust and collaboration. Ultimately, this may impede Terra Classic's ability to achieve long-term success and sustainability.<\/p>\n\n\n\n

Voter LuncLive introduced Proposal 12013, “Repeal Proposal 11889 PPJ,” to repeal the pay-per-job and governance-ruled job proposal. It asserts that it induced considerable perplexity and ambiguity among validators, architects, and the general public.<\/p>\n\n\n\n

USTC And LUNC Continue to Decline<\/h3>\n\n\n\n

The price of LUNC has decreased by more than 3 percent in the last twenty-four hours, negating gains from the previous week. The current trading price is $0.00009563; its highest and lowest values over the past twenty-four hours are $0.00009477 and $0.0001012, respectively. The trading volume has declined by 30% over the past twenty-four hours.<\/p>\n\n\n\n

Terra Classic price<\/a> decline below the support trendline of the pennant pattern, as determined by CoinGape Markets, initiates a protracted downtrend of at least 30%.<\/p>\n\n\n\n

In contrast, the price of USTC has decreased by 5% over the past twenty-four hours but is still up 5% over the past week. The price is currently recorded at $0.0247, fluctuating between $0.0246 and $0.0267 over the past twenty-four hours.<\/p>\n","protected":false},"excerpt":{"rendered":"

Terra Luna Classic Community Rejects Core Developer L1TF’s Security Upgrade Proposal Over Pay-per-Job Concerns from Validators. The Terra Luna Classic community has rejected the proposal for a fundamental security upgrade package by L1TF, the project’s primary developer. The proposal encountered obstacles when validators, including Allnodes, cast “No” votes, citing proposal 11889, which proposed a pay-per-job […]<\/p>\n","protected":false},"author":53,"featured_media":54593,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[14860,8815,14858],"class_list":["post-70413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-lunc-price","tag-terra-luna-2","tag-terra-classic-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/07\/mba.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/70413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=70413"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/70413\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/54593"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=70413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=70413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=70413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}