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Also Read: Terra Luna Classic Announces Bug Bounty Program, Is LUNC $0.001 Next? advertisement Terra Luna Classic Looking On Binance CEO CZ As Leader The Terra Luna Classic community currently voting on a proposal to make Binance CEO “CZ” as leader of blockchain. Proposal 11614 has received 38% “Yes”, 41% “No” and 20% “No with veto” votes, while some have voted Abstain. While CZ is currently supporting the chain through its monthly LUNC burn mechanism, he can guide the community but can’t become a leader of LUNC. Some members have even criticized putting impractical and worthless proposals for voting on Station. According to the proposal, Terra Luna Classic needs a leader as validators and developer groups have their own interests. The management of Terra blockchain is divided into groups such as Terra Rebels managing infrastructure and Terra CVita managing Terra Station. It claims big validators are makin...

Terra Classic Developer L1TF Announces Date For Parity Upgrade Joint L1 Task Force project manager  LuncBurnArmy  took to Twitter to reveal June 14 as the official date of the CosmWasm v1.1.0 upgrade . The upgrade was initially planned for May 31, but the Terra Classic core developer team decided to add two weeks for additional testing as this is a major upgrade. advertisement CosmWasm upgrade from v0.16.6 to v1.1.0 can be completed in four scenarios. However, each scenario has different levels of complexity, impacts to schedule, and costs. The Joint L1 Task Force decided to proceed with “Scenario 4” after a discussion with expert developers such as Fragwuerdig and Edward Kim . CosmWasm v1.1.0 Upgrade. Source: LuncBurnArmy There are certain prerequisites to successfully complete the Parity upgrade. The team has completed the v1.2.0 upgrade and smart contract unit testing. It plans to complete v1.2.0 upgrade testing on Bajor testnet a...

The Terra Luna Classic price has risen by 3.5% in the past 24 hours, reaching $0.00030768. This level represents an 8% fall for LUNC in the past week but also a 56% rise in the last 14 days. With the LUNC price also down by 28.5% in the past month, these varying percentages create a confusing picture for the altcoin, which has recently sunk despite a very strong early September. However, with Binance and other players supporting large-scale LUNC token burns, it's very likely that it will witness further rallies in the coming weeks and months as its supply continues to fall. Terra Luna Classic Price Prediction Compared to early September, LUNC doesn't appear to be doing too well. It rose as high as $0.00057449 on September 8, only to fall by 67.8% by September 26, when it stood at $0.00018478. Fortunately, the LUNC price has, in fact, increased since this decline, with its current level representing a 66.5% increase since its low on September 26. So based on...