Home Terra Unveils ‘Six Samurai’ Revival Proposal

Terra Unveils ‘Six Samurai’ Revival Proposal

Share
Share

Terra Unveils ‘Six Samurai’ Revival Proposal

Six Terra Classic ecosystem engineers have proposed a ‘Six Samurai’ plan for the complete revival of the blockchain ecosystem. This development comes as some Terra community members seek to emerge from the shadows of disgraced founder Do Kwon and breathe new life into the LUNC ecosystem.

Terra Classic, Terraform Labs’ original network, has remained as an autonomous blockchain rather than transitioning to Terra 2.0, which emerged as a separate version following Terra’s demise. The LUNC tokens on Terra Classic are currently worth $580 million as of Monday, June 26.

Terra Classic engineers, led by Solid Snake and Bilbo Baggins, have submitted a governance proposal for the Terra Classic community, requesting $116,000 for a three-month spend. The proposal includes migration from Columbus-5 to Columbus-6 and an upgrade to the Cosmos SDK. It also includes listing Terra Classic on Keplr’s Web Interface and Mintscan, a block explorer for Cosmos.

(With inputs from Shikha Singh)

Share

Don't Miss

What are Tokenomics and Token Features? | A Beginners Guide

You need to login in order to Like Tokenomics and Token Features Explained By Kapil Rajyaguru One of the biggest issues with tokenomics...

What are Soulbound Tokens? | Soulbound Tokens on The Rise

You need to login in order to Like Soulbound Tokens on The Rise By Ruchi Sharma Digital assets based on blockchain technology known...

Related Articles

What Are Utility NFTs & How Do They Work? | 3.0TV

You need to login in order to Like Demystifying Utility NFT By...

When Will Bitcoin Cross $1 Lakh? | Expert Predictions & Trends 2025

You need to login in order to LikeWhen Will Bitcoin Cross the...

NFT Domains: Revolutionizing Ownership in the Digital Landscape

You need to login in order to LikeNFT Domains: Revolutionizing Ownership in...

Are NFTs a Good Investment: Should You Buy in 2025?

You need to login in order to LikeAre NFTs a Good Investment:...