Edward Kim, the Drexel University Associate Professor and Terra Classic L1 development team member, has stepped in to halt the clash between two of LUNC’s outstanding developers and ecosystem top contributors over Allnodes’ validator services.
Recall that Jacob Gadikan, a Cosmos SDK developer and one of the two full-time developers in the Terra Classic Joint L1 Task Force team withdrew from the squad on Wednesday. He mentioned the operational techniques of the top LUNC validator Allnodes and Tobias Andersen (AKA Zaradar) as the reasons for his resignation.
Per a disclosure today, Edward Kim noted that Gadikan’s observations regarding Allnodes were also recognized by numerous community members but weren’t prioritized until the recent uproar. According to him, the top validator is now working to reduce its outrageous voting power by reducing its commission for staking LUNC.
He said, “Allnodes is actively working to assist in securing the LUNC network. In one week, they will begin to increase their commission by 1% every day to hit 10% total commission.
“If their VP is not significantly reduced by this action, I have asked them to consider further increases,” he added.
@Allnodes is actively working to assist in securing the #lunc network. In one week, they will begin to increase their commission by 1% every day to hit 10% total commission. If their VP is not significantly reduced by this action, I have asked them to consider further increases
— Edward Kim (@edk208) January 25, 2023
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Reacting to the concerns that Allnodes holds the seed phrases of those employing its validator services, the Terra Grants Program team leader disclosed that the Allnodes team is “working on further security measures regarding their validator services”. However, Kim also encouraged community members to run their individual validator nodes, sharing useful guides.
But Tobias argued that forcing non-technical people to run their own nodes will make security worse for the Terra Classic network. More so, he maintained his support for the top LUNC validator stating that does not use customers’ keys as it bears no economic incentive.
“If AllNodes did use the keys people put in custody with him he would open them up to litigation which would destroy their business. There is simply no economic incentive for them to do what is being stated and no alternative solution at present,” Zaradar said.
Another LUNC validator PFC countered Zaradar noting that Allnodes’ custody of customers’ seed phrases destroys the whole purpose of centralization pointing out a potential risk to their operations. “Again, it’s not about Allnodes doing something with malice. It’s more of a centralization issue where a government can’t shut down the chain via a single person. You shouldn’t trust a chain to a single person,” the PFC validator wrote.
Read Also: Terra Classic Development Group Called Out For Trying To Take Responsibility for Allnodes’ Effort
Amid these controversies, it bears mentioning Allnodes earlier revealed plans in December to modify their validator services starting after February 1, 2023. According to the team, “being the top validator is a great responsibility. We are aware of the concerns regarding our voting power. Based on this, we are letting our Terra Classic community know that for decentralization purposes, our commission for staking $LUNC will increase to 10% after Feb 1, 2023.”
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