Terra Luna Classic has conducted a significant update to enhance transaction efficiency and ecosystem security.

Terra Luna Classic Update

The new v3.1.6 update includes critical improvements such as a security patch for the WebAssembly Virtual Machine, updated to version 1.5.5. This increases the network's resilience to potential vulnerabilities. Additionally, a simulation feature for transaction fees on taxable transactions was developed to optimize transaction management.

LUNC Price Surge

Following the completion of the update, the price of LUNC rose by over 6%, reaching $0.00008679. Trading volume also climbed by 22% to $20.05 million.

Impact on Community

The update came at a critical time for regaining investor confidence. The expected implementation of Tax2Gas is anticipated to play a significant role in LUNC's future growth by simplifying the transaction fee tax system and enhancing overall efficiency.

The major update by Terra Luna Classic has been positively received by the community, aiming to increase energy efficiency and security within the ecosystem.