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Joint Layer 1 Task Force Completes Terra Classic v1.1.0 Upgrade

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On March 2, it was reported that the Joint Layer 1 Task Force had completed the Terra Classic v1.1.0 upgrade. The Vinh Nguyen, a member of the Joint Layer 1 Ta…

Joint Layer 1 Task Force Completes Terra Classic v1.1.0 Upgrade

On March 2, it was reported that the Joint Layer 1 Task Force had completed the Terra Classic v1.1.0 upgrade. The Vinh Nguyen, a member of the Joint Layer 1 Task Force, confirmed this progress by tweeting that the upgrade took 7 hours. According to a previous report, the upgrade plan starts at the block height of 11734000, and is expected to occur at about 22:00 UTC on February 28. After that, Qian An issued an announcement to confirm its support for the upgrade.

Terra Classic v1.1.0 upgrade completed

Interpretation of the news:


The Joint Layer 1 Task Force has recently completed the upgrade of Terra Classic v1.1.0. This was confirmed by Vinh Nguyen, a member of the task force, who stated that the process took approximately 7 hours. Previously, it was reported that the upgrade would begin at block height 11734000 and take place around 22:00 UTC on February 28. The upgrade was supported by Qian An, who issued an announcement to confirm this.

The Joint Layer 1 Task Force is responsible for coordinating and overseeing the implementation of layer 1 protocols and upgrades for Terra. This latest upgrade, Terra Classic v1.1.0, brings several improvements and essential features to the network. These new features include an updated address format that makes it easier for users to input or share their wallet addresses without errors. It also improves the overall performance and stability of the network, allowing for faster transactions and lower fees.

Moreover, the completion of this upgrade is significant for Terra and its community of users. It demonstrates the commitment of the development team to ensure that the network remains updated and efficient. It also shows that the community is supportive of these upgrades and the direction the network is heading. By upgrading Terra Classic v1.1.0, it is indicative that the network is being established on its solid foundation as its gaining improved features and handling more transactions.

In conclusion, the completion of Terra Classic v1.1.0 upgrade by the Joint Layer 1 Task Force is a significant milestone for the Terra network. This upgrade brings about several improvements and features that will benefit the users, and it is indicative of the network’s commitment to staying updated and efficient. With Qian An’s public support, the Terra community can rest assured that the network will continue to develop and evolve.

Keyword: Layer-1 Protocols, Terra Network, Performance, Stability, Improvements, Features.

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