• 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

Capital B Secures €152 Million in Private Share Placement

chest

Capital B, a major Bitcoin treasury company in Europe, has successfully raised €152 million through a private share placement, with significant backing from Blockstream CEO Adam Back and asset manager TOBAM.

user avatarDiego Alvarez

Crypto Investors Rally Behind Solana as a Core Financial Asset

chest

Support for Solana (SOL) is growing among crypto investors who believe it could serve as a key financial infrastructure asset in an agent-driven economy.

user avatarKenji Takahashi

Altcoin Market Shows Signs of Structural Shift

chest

The altcoin market is experiencing a significant increase in trading volume, indicating a potential structural shift in market participation.

user avatarMaria Fernandez

Crypto Market Stabilizes Near $200 Billion

chest

The total crypto market cap stabilizes near $200 billion after a period of weakness, indicating a potential shift in market sentiment.

user avatarGustavo Mendoza

Strategys Phong Le Emphasizes the Importance of Software in Bitcoin Strategy

chest

Phong Le emphasizes the interconnectedness of Strategy's Bitcoin identity and its software business, arguing that both reinforce each other.

user avatarRajesh Kumar

Senate Banking Committee to Markup CLARITY Act on May 14

chest

The Senate Banking Committee is set to hold a markup of the long-awaited CLARITY Act on May 14, following significant delays and disputes.

user avatarMiguel Rodriguez

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.