Terra Luna Classic Is Reducing Block Size To Tackle P2P Scams

The #TerraLunaClassic blockchain is set to receive several improvements related to the chain’s security after the $LUNC community unanimously passed proposal #12094 “To decrease MaxBlockSize”. Simply put, a block size is the maximum space needed for transactions to clear and store data on-chain.

This proposal was submitted by Genuine Labs, the new developer team responsible for technical upgrades on the Layer-1 network. Arguing that Cosmos chains, Solana, and Polkadot had recently faced an epidemic of Peer-to-Peer (#p2p ) scams, the developers suggested reducing Terra Classic’s block size from 5 Megabytes (MB) to 2 MB.

While this is believed to be a temporary band-aid, most #TerraClassic chain validators like All Nodes, Interstellar Lounge, and JESUS is LORD believe that a long-term solution will be introduced by Genuine #labs in the next quarter. Meanwhile, some members believe that the maximum block size could be lowered further to 1 MB in the future.

#ScamRiskWarning