Burn and Rebuild Luna Classic link.medium.com/y4rJCLQHItb
Edward Kim
353 posts
Edward Kim
@edk208
Associate Professor of Computer Science at Drexel University. Interested in Computer Vision, Machine Learning, Sparse Coding. Working on the Terra Blockchain
Joined September 2013
- Luna Classic is community driven. Nothing changes. No one (and everyone) decides the fate of the blockchain. To Luna v2, if needed, we'll work to keep the lights on there too.
- Terra Classic governance has passed prop 4661. The treasury parameter rates have already been updated. Once the new epoch starts (block 9,475,200), the effective tax rate will automatically be changed to 1.2%.
- A Path to Recovery for Luna Classic
- I am proposing a Terra Classic grants program to attract new utility to the chain while providing accountability for community spending. Please share your thoughts on this Agora post.
- Alex came forward with a very well thought out proposal and I support and applaud his efforts. Zaradar has a different proposal and I support him too. I encourage others to bring their ideas to the table so we can all weigh the pros and cons. Please keep it constructive.
- Thank you Terra community, validators, TFL, and rebels. Governance is restored. Let's build this back together.
- As noted by others, some transactions are failing due to not enough gas on the Classic network. We have a fix for station. In the meanwhile, for those that have lost fees, we are exploring ways to reimburse through community pool distribution. More details soon.
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- Please comment on our recent agora proposal to remove and secure the stablecoin terra market swap.
- Seems like lots of interest in playing the #LUNC fps game in Unity3D. Here you go. Put in your wallet address and it will send you LUNC. I'll fill the coffers every now and then. play.unity.com/mg/fps/webgl-b…
- Please share comments and suggestions on the L1 task force proposal.
- Update on the delegation tax. It is working correctly and as expected. The problem is in the wallet sending excess "fees" when it is not actually required. This is sending more fees to the stakers and community pool. This fix does not require a change to the blockchain.
