🚀Validators at the Top Agree with L1JTF's Upgrade Strategy (LUNC)
TerraForm Labs' insolvency in the United States caused LUNC to plummet just as Terra Classic members were voting on an important L1JTF upgrade proposal.There were several skeptics who questioned the proposal's timeline of 11 weeks.
Huge progress is being made by the Terra Classic community in reviving the Layer-1 blockchain, which has been damaged by combat. A crucial core security update package is about to be implemented on the network, modernizing essential components from the original Terra Luna chain.
The "lack of new features originating from legacy components" is what stops the Layer-1 blockchain from implementing its rejuvenation plan, as stated in the description of community pool spend proposal #12008. The security update package also intends to address security issues, such as the increasing number of phishing attempts.
The Terra Classic community is being asked to donate $51,000 in two payments by the Layer-1 Joint Task Force (L1JTF) team so that these security changes may be implemented. If L1JTF's seasoned developer Vinh Nguyen's plan is to be followed, the development team will have only eleven weeks to finish the changes.
Leading Validators Agree with L1JTF's Plan for Improvement The most recent community budget proposal included input from prominent Terra Classic chain developers and validators. For developer jobs on the chain, Christoper Harris (X: JESUSisLORD) outlined a scheme that is comparable to a pay-per-job freelancing system; suggestion #12008 is in line with this approach. #TrendingTopic #TradeNTell #Write2Earn #LUNC
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