The 'Six Samurai' concept, put up by six #developers working on the Terra Classic environment, calls for a total rebirth of the blockchain ecosystem. This development comes as certain members of the Terra community have been attempting to emerge fully from Do Kwon's shadow and breathe new life into the $LUNC environment.

Instead of switching to #Terra 2.0, which appeared as a distinct version after Terra's demise, Terra Classic, the original network created by Terraform Labs, has survived as an independent blockchain. The value of the LUNC coins on Terra Classic is $580 million as of Monday, June 26.

Terra Classic engineers co-led by “Solid Snake” and “Bilbo Baggins” submitted a governance proposal to the #Terra Classic #community with a $116,000 three-month spend.