• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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

user avatar

by Giorgi Kostiuk

2 years ago


  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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Launches Post-Quantum Security Initiative

chest

Ethereum Foundation researcher Will Corcoran launched a new initiative focused on post-quantum security at the Institutional Ethereum Forum in New York, emphasizing the urgency of preparing for quantum threats.

user avatarJacob Williams

MoonPay Introduces Open Wallet Standard for AI Integration

chest

MoonPay has launched an open-source wallet standard for AI agents to manage funds and execute transactions across multiple blockchains.

user avatarSon Min-ho

Delaware Seeks to Reclaim Crypto Business with New Legislation

chest

Delaware aims to regain its status as a hub for stablecoins and blockchain companies through new legislation.

user avatarTando Nkube

Delaware Introduces New Legislation for Digital Asset Oversight

chest

Delaware lawmakers introduce a two-bill package to modernize banking laws and regulate stablecoins.

user avatarAyman Ben Youssef

Decline in Bitcoin Futures Open Interest Signals Lack of Confidence

chest

Decline in Bitcoin futures open interest signals lack of confidence among traders during recent price surge.

user avatarKofi Adjeman

Limited Spot Demand from US Buyers During Bitcoin Rally

chest

Reports indicate limited spot demand from US participants during the recent Bitcoin rally.

user avatarKofi Adjeman

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.