Terra Classic Stalls Merger Plan with LUNA Amid Validator Dispute
The #TerraLunaClassic community has rejected a highly debated proposal to increase the validator set to 130 on the blockchain. This decision comes in the wake of Terraform Labs and Do Kwon’s agreement to settle with the U.S. SEC for $4.5 billion.
According to updates shared in Today’s Coin Market Cap news, the proposal aimed to merge efforts with the Terra ($LUNA ) community by incorporating Luna v2 validators into #TerraClassic , thereby enhancing the network’s decentralization. The community’s reaction can be summarized as follows:
Proposal Rejection: The community voted against Proposal 12116, which sought to increase the validator limit from 100 to 130. The proposal received only 30.59% “Yes” votes, while 46.17% voted “No,” and 22.59% abstained. This outcome reflects the community’s reluctance to expand the validator set at this time.
Voting Breakdown: Out of 46 validators who participated in the vote, only 10 supported the proposal. Notable validators such as Allnodes, Luna Station 88, LuncGoblins, and Autism Staking voted against it, citing concerns about the current readiness of the chain for such an expansion. Allnodes stated, “The amount of LUNC required to get into the active set is not burdensome.”
Proposer’s Perspective: The proposer argued that increasing the validator set would strengthen the network’s decentralization and benefit the $LUNC community. However, the opposition believed that the amount of #LUNC✅ required to join the active set is not yet a burden, suggesting the network is not prepared for this change.
