Terra Classic’s Upgrade to v3.1.5 Enhances Network Security and Efficiency

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Upgrade Details
  2. Impact on LUNC Price
  3. Critical Upgrade Phase


    4. The Terra Classic network is gearing up for a significant upgrade as proposal #12131 goes live for voting. If approved, this proposal will elevate the network to version 3.1.5, incorporating a critical security patch.

    Upgrade Details

    Proposal #12131 details several key improvements for the Terra Classic network. The security patch for wasmd will address vulnerabilities potentially threatening the network’s integrity. Additional updates include a gas simulation patch, introduced in version 3.1.4.

    Impact on LUNC Price

    LUNC's price surged by 7.86% following the announcement of proposal #12131, demonstrating high market interest and activity. This indicates a positive market response to the network updates and their potential benefits for the ecosystem.

    Critical Upgrade Phase

    The success of the network upgrade hinges on the upcoming halt height set for September 18th. This event will be crucial for the complete adoption and integration of version 3.1.5 updates.

    The upcoming version 3.1.5 upgrade for the Terra Classic network promises improved security and efficiency, with LUNC's price rise indicating positive market reaction. A critical point will be the halt height scheduled for September 18th.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

SoFi Introduces SOFIE Tokenized Deposit for Earning Interest

SoFi has launched a new tokenized deposit product named SOFIE, allowing consumers to earn interest on dollar balances while facilitating blockchain transfers.

user avatarJesper Sørensen

Chainlink and LG CNS Join Forces to Enhance Digital Asset Infrastructure in South Korea

Chainlink and LG CNS have announced a partnership to enhance oracle and crosschain infrastructure for South Korea's financial institutions.

user avatarRajesh Kumar

HSBC Introduces RedCoin for Consumer Payments

HSBC has launched RedCoin, a stablecoin backed by the Hong Kong dollar, for consumer payments through its PayMe app.

user avatarLucas Weissmann

CME Group Achieves Record Revenue and Trading Volume in Q3

CME Group reports a remarkable 13% increase in Q3 revenue, reaching $17.373 billion, with an average daily trading volume of 294 million contracts.

user avatarFilippo Romano

Zcash Investment Product Sees Significant Inflows

Demand for the Zcash investment product tracked under ticker ZCSH surged on October 21, marking a notable recovery after earlier withdrawals.

user avatarEmily Carter

BTCPay Server Documentation Guides Merchants on Payment Integration

BTCPay Server provides documentation for merchants on how to connect its payment system to WooCommerce, emphasizing the importance of maintaining all components.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.