Terra Looks to Redeem Itself, Will Launch LUNA 2.0 on May 27
- LUNA 2.0 will be launched on May 27.
- Proposal 1623 passed with 65.5% votes.
- Do Kwon denied accusations of reaching out to South Korean exchanges.
Terraform Labs will be launching a new blockchain called LUNA 2.0, a genesis chain that will be different from the original blockchain, after the proposal to rename and create a new blockchain was passed.
LUNA 2.0 is officially rolling out on May 27 after the UST de-pegging and the Terra (LUNA) crash earlier this month, and after days of proposing revival plans. Proposal No. 1623, which would rename the existing Terra blockchain Terra Classic (LUNC), and create a new blockchain (LUNA) passed with 65.5% votes.
Terra governance Proposal No. 1623 to rename the existing network Terra Classic (LUNC), and rebirth a new Terra blockchain (LUNA) has officially passed!
This means the new LUNA 2.0 will launch in the next 2 days (27th May 2022) pic.twitter.com/ ...
Read more: https://coinquora.com/terra-looks-to-redeem-itself-will-launch-luna-2-0-on-may-27/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
