Terra Luna Classic Community Votes on Proposal to Remove Forked Modules, Aiming for Greater Sustainability
The Terra Luna Classic (LUNC) community has recently started voting on Proposal 12142, introduced by the developer group OrbitLabs. The proposal has gained overwhelming support, with 99.97% of validators and delegators, including notable names like Allnodes, Stakely, and HappyCattyCrypto, voting "Yes." This high level of support reflects a strong consensus on the proposed technical adjustments aimed at enhancing the blockchain’s stability, security, and sustainability within the Cosmos ecosystem.
Understanding Proposal 12142
Proposal 12142 focuses on removing forked mainline modules from the Terra Luna Classic blockchain to reduce maintenance costs, improve security, and ensure long-term viability. According to OrbitLabs, this adjustment will align Terra Luna Classic with the broader Cosmos ecosystem, allowing it to adopt key upgrades more effectively.
In a statement, the OrbitLabs team explained, “Removing the forked mainline modules is essential for positioning Terra Classic for long-term sustainability and growth within the Cosmos ecosystem. Our approach balances necessary improvements, risk management, and community engagement. We welcome feedback from the Terra Classic community.”
Prior to this decision, the Terra Classic team expressed concerns about security risks and rising operational costs that could emerge from maintaining forked modules within the network. Deviating from the Cosmos SDK and related modules, they argued, could impede Terra Classic’s ability to integrate new technologies and updates developed by the wider Cosmos community.
Implementation of the Proposal
If approved, Proposal 12142 will unfold in two distinct phases.
Phase One: CometBFT will be reverted to the mainline version, with extensive testing planned to ensure network stability.
Phase Two: The team will migrate Wasmd to the "Mainline Wasmd" version, along with other technical processes. A snapshot test will conclude this stage, verifying the completion of all updates.
The total budget requested for this development amounts to $36,000, with $16,000 allocated for Phase One and $20,000 for Phase Two.
Additional Proposal for CoinMarketCap and Listings Access
Alongside Proposal 12142, the Terra Luna Classic community has also approved another critical proposal titled “Addressing CoinMarketCap and Other Listings.” This move seeks to grant access to TerraForm Labs (TFL) listings on popular aggregators, given TFL’s exclusive control over the essential update “keys.”
This proposal addresses TFL’s impending closure, as the organization prepares to shut down by October 30, following a Chapter 11 bankruptcy filing in Delaware. TFL’s termination threatens the continuity of key services, including Alliance Hub, Mantlemint, FCD, and API services, unless a third party steps in.
LUNC’s Resilience Amidst Uncertainty
Despite the uncertainty surrounding TFL’s shutdown, Terra Luna Classic has shown resilience. As of this writing, LUNC is trading at $0.00009, reflecting a 3% increase over the past 24 hours. This steady performance demonstrates the community’s commitment to maintaining the ecosystem despite significant challenges.
