- Upgrade Details
- Impact on LUNC Price
- Critical Upgrade Phase
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.
