1. PixelPlaygroundHome
  2. Web3 News

Terra Luna Classic Team Submits Q2 Plan Including Upgrade for Luna Classic v2.0.0

• Web3 News • 99 views

On March 30, the Terra Luna Classic core development team, Joint L1 Task Force, submitted a plan and budget for the second quarter. One of the plans is to upgrade Luna Classic v2.0

Terra Luna Classic Team Submits Q2 Plan Including Upgrade for Luna Classic v2.0.0

On March 30, the Terra Luna Classic core development team, Joint L1 Task Force, submitted a plan and budget for the second quarter. One of the plans is to upgrade Luna Classic v2.0.0 on March 31, which includes upgrades to the Cosmos SDK v0.45.13 and Tendermint v34.24, as well as testing v2.0.0 upgrades and building a test network, providing technical advice and development support for Ziggy USTC repeat and deployment v2.1.0. The community has expressed support for the Q2 plan of the Joint L1 Task Force team. Edward Kim, a core developer and professor, said that the upgrade was necessary to advance the plan to introduce AI functionality into the Terra Classic chain.

Luna Classic plans to upgrade v2.0.0 on March 31 and introduce AI features

The Terra Luna Classic core development team, Joint L1 Task Force, has submitted its plan and budget for the second quarter, which includes upgrading Luna Classic v2.0.0 on March 31. The upgrade will include upgrades to the Cosmos SDK v0.45.13 and Tendermint v34.24. In addition, the team will be testing v2.0.0 upgrades and building a test network, providing technical advice and development support for Ziggy USTC repeat and deployment v2.1.0. The community has expressed support for the Q2 plan of the Joint L1 Task Force team. Edward Kim, a core developer and professor, said that the upgrade was necessary to advance the plan to introduce AI functionality into the Terra Classic chain.

Outline

– Introduction
– What is Terra Luna Classic?
– The Joint L1 Task Force second quarter plan
– What is Luna Classic v2.0.0?
– Why is the upgrade necessary?
– Plans for Ziggy USTC repeat and deployment v2.1.0
– Community response to the plan
– Conclusion
– FAQs

Introduction

In the world of cryptocurrencies, Terra Luna Classic has been making waves. With its mission to create a stablecoin that is not only price-stable but also effective in terms of scaling, the project has gained a lot of support from the crypto community. Recently, the Terra Luna Classic core development team, Joint L1 Task Force, submitted its plan and budget for the second quarter, which includes upgrading Luna Classic v2.0.0. In this article, we will take a closer look at what Terra Luna Classic is and why the upgrade is necessary.

What is Terra Luna Classic?

Terra Luna Classic is a decentralized stablecoin blockchain that aims to provide users with a price-stable cryptocurrency that is also scalable. The network operates on top of other blockchain platforms, such as Binance Chain, Ethereum, and Huobi Eco Chain. The network is secured by a Proof of Stake (PoS) consensus mechanism that relies on validators to process transactions.

The Joint L1 Task Force second quarter plan

The Joint L1 Task Force is responsible for the development and maintenance of the Terra Luna Classic network. As part of its plan for the second quarter, the team has proposed several upgrades for the Luna Classic blockchain. One of the main upgrades is the upgrade to Luna Classic v2.0.0, which will include upgrades to the Cosmos SDK v0.45.13 and Tendermint v34.24.

What is Luna Classic v2.0.0 and Why is the Upgrade Necessary?

Luna Classic v2.0.0 is the latest version of the Terra Luna Classic blockchain that includes upgrades to the Cosmos SDK and Tendermint. The upgrade is necessary to ensure that the network can handle the increasing demand for transactions and to provide users with a more seamless experience. Additionally, the upgrade will pave the way for the introduction of AI functionality into the Terra Classic chain.

Plans for Ziggy USTC repeat and deployment v2.1.0

As part of the second quarter plan, the Joint L1 Task Force team will also be providing technical advice and development support for Ziggy USTC repeat and deployment v2.1.0. The upgrade will enable users to run multiple zones on one chain and will provide them with greater control over their applications’ data and operations.

Community Response to the Plan

The community has expressed its support for the Joint L1 Task Force team’s plan for the second quarter. Many users believe that the upgrades will help to make the Terra Luna Classic network more secure and efficient. Edward Kim, a core developer and professor, has stated that the upgrade is necessary to advance the plan to introduce AI functionality into the Terra Classic chain.

Conclusion

In conclusion, the second quarter plan for the Joint L1 Task Force team is a significant development for the Terra Luna Classic network. The upgrade to Luna Classic v2.0.0 and the plans for Ziggy USTC repeat and deployment v2.1.0 will help to make the network more secure, efficient, and scalable. The community’s support for the plan is a testament to the team’s hard work and dedication to advancing the Terra Luna Classic project.

FAQs

1. What is Terra Luna Classic?
Terra Luna Classic is a decentralized stablecoin blockchain that aims to provide users with a price-stable cryptocurrency that is also scalable.
2. What is Luna Classic v2.0.0?
Luna Classic v2.0.0 is the latest version of the Terra Luna Classic blockchain that includes upgrades to the Cosmos SDK and Tendermint.
3. Why is the upgrade necessary?
The upgrade is necessary to ensure that the network can handle the increasing demand for transactions and to provide users with a more seamless experience. Additionally, the upgrade will pave the way for the introduction of AI functionality into the Terra Classic chain.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/12382/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/30/2023 14:26
Next 03/30/2023 14:40

Recommended articles