Terra Classic (LUNC) Genuine Labs’ Proposal Rejected After Facing Major Roadblock
The Genuine Labs developer group's proposal to enhance #TerraLunaClassic chain's functionality and interoperability faces obstacles as validators reject signaling proposal 12087, citing concerns over the stability of Cosmos SDK 0.50. The rejected plan included upgrades to Cosmos SDK 0.50.1 (Eden), IBC go v8, and Wasmd 0.50.0. Not reaching quorum, the proposal failed, with top developers expressing worries, including Jacob Gadikian from Notional #labs . LUNC and $USTC prices remain unaffected, and a new core upgrade proposal is under discussion. $LUNC is currently trading at $0.0001798, showing a 46% increase last week, while #USTC is at $0.03657 with a 2% decrease today and decreased trading volume.#BTC
