• 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

a year 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.

Other news

BarneyXBT Analyzes Factors for Bitcoin's Market Status

chest

Crypto analyst BarneyXBT presents arguments for and against Bitcoin being in a bear market, highlighting large investors selling, an unstable macro climate, and low retail participation, while noting potential recovery signs.

user avatarKofi Adjeman

Ethereum's Derivatives Market Shows Signs of Change

chest

A recent analysis indicates a potential shift in Ethereum's market structure, with signs of buyer dominance emerging in the derivatives market.

user avatarNguyen Van Long

OCC Proposes Measures to Prevent Interest Payment Workarounds in Stablecoins

chest

The OCC has proposed new rules to address potential loopholes in the regulation of stablecoins, particularly concerning interest payments.

user avatarJesper Sørensen

OCC Proposes New Rules for Stablecoin Regulation

chest

The OCC has proposed a regulatory framework for stablecoins under the GENIUS Act, seeking public feedback to address potential loopholes and ensure effective regulations.

user avatarSatoshi Nakamura

Potential Tax Refunds and Interest Rate Cuts Could Impact Crypto Market

chest

Experts anticipate that tax refunds and potential interest rate cuts could provide relief to the struggling cryptocurrency market.

user avatarRajesh Kumar

Bitcoin Experiences Short-Term Rebound Amid Market Pressures

chest

Bitcoin has experienced a short-term rebound of approximately 7%, providing relief to a market that has been under persistent selling pressure.

user avatarLucas Weissmann

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.