🌖 LUNC Update: Terra Luna Classic Successfully Completes Major v3.1.6 Upgrade

In recent $LUNC news, the highly anticipated v3.1.6 upgrade brings critical enhancements to the Terra Luna Classic blockchain. One of the key improvements is a security patch for the WebAssembly Virtual Machine (wasmvm), now updated to version 1.5.5, ensuring the blockchain remains protected against potential security threats.

Additionally, this upgrade refines the gas simulation functionality for taxable transactions, enhancing the efficiency of transaction processing across the network. Previously, these gas simulation optimizations were limited to endpoint providers, but the new update makes them accessible to the entire network.

Another significant change involves the halting of the blockchain at block height 20,085,000 to allow validators to install the latest terrad client. With 100% community approval, the overwhelming support for this proposal highlights the strong consensus behind the upgrade.

Notably, Terra Luna Classic developer StrathCole, who originally put forward the proposal, emphasized that these upgrades are crucial for the upcoming Tax2Gas feature. The backing from both validators and community members further reinforces the growing momentum in the development of

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