CDS Crypto News Terra Luna Classic Core Developer L1TF Unveils the Terra Classic Coalition – Is LUNC Headed Towards 1 Dollars?
Crypto NewsStartups

Terra Luna Classic Core Developer L1TF Unveils the Terra Classic Coalition – Is LUNC Headed Towards 1 Dollars?

Key members of the Terra Luna Classic community form Terra Classic Coalition group to contribute to the chain developments.

159
Terra Luna Classic Core Developer L1TF Unveils the Terra Classic Coalition – Is LUNC Headed Towards 1 Dollars?

On Thursday, the core developer of Terra Luna Classic announced the establishment of the Terra Classic Coalition (TCC), a group dedicated to contributing to developments on the Terra Classic chain. The team, consisting of key community members such as Vinh Nguyen, former L1TF developer Fragwuerdig, L1TF developer Gevik, developer StrathCole, and validator/creator Happy Catty Crypto, will lend their expertise and insights to various Terra Classic chain tasks without financial compensation. However, certain endeavors, like SDK upgrades, will necessitate community funding through a governance proposal.

Terra Luna Classic Core Developer L1TF Unveils the Terra Classic Coalition – Is LUNC Headed Towards 1 Dollars?

Vinh Nguyen, a developer in L1TF, shared details about the Terra Classic Coalition on X, emphasizing the collaborative and community-driven nature of the initiative. The TCC is committed to operating without the constraints of daily meetings or a fixed roadmap, prioritizing the advancement of the chain. The team will be responsible for formulating proposals related to the chain’s development, ensuring a strategic and forward-looking approach.

Aligned with the recently approved ‘pay-per-job’ payment model by the Terra Luna Classic community, the TCC supports this approach, with specific details on its implementation expected to be proposed in the coming weeks.

Members of the Terra Classic Coalition will operate independently, volunteering their efforts to enhance the Terra Luna Classic ecosystem. While most tasks will be undertaken voluntarily, projects like SDK upgrades may require funding, prompting the submission of a separate proposal when financial support is needed.

Terra Luna Classic Core Developer L1TF Unveils the Terra Classic Coalition – Is LUNC Headed Towards 1 Dollars?

Leave a comment

Leave a Reply

Related Articles

Crypto News – How Did Roaring Kitty Gill Influence GameStop’s Stock Surge?

Crypto News - How Did Roaring Kitty Gill Influence GameStop's Stock Surge?

LayerZero Labs’ Self-Reporting Initiative Draws 100,000 Addresses in Sybil Combat Effort

LayerZero Labs' Self-Reporting Initiative Draws 100,000 Addresses in Sybil Combat Effort

Crypto News – The Aftermath of Coinbase System Outage: Lessons Learned

Crypto News - The Aftermath of Coinbase System Outage: Lessons Learned

Crypto News – Crypto Exchange OKX Sets Foot in Australia with New Regulated Arm

OKX's move into Australia follows its announcement of expansion plans a year...