Developers in the Terra Classic community continue to stay active and relentless in their mission to revitalize the LUNC crypto asset. Accordingly, this has led to the onboarding of numerous developments including the recently executed Terra Classic V23 upgrade.
This crucial upgrade was done concurrently with the successful re-enabling of the Inter Blockchain Communication (IBC) channels between Terra Classic (LUNC) and Osmosis, according to the LUNC developer, Raider.
Classy Crypto, the renowned validator on the LUNC network broadcasted the disclosure on Tuesday with a corresponding screenshot. “V23 has already been delivered (v1.0.4 to open IBCs) that Edward Kim delivered with an external team,” Raider wrote in a Discord discussion. Notably, this entails that the Terra Classic network is now fully interoperable with other Cosmos-based blockchains.
$LUNC V23 HAS BEEN DELIVERED!
v2.0.3 = #LUNC PARITY is being worked with @edk208.
LFG! pic.twitter.com/KPpMyxbKB3
— Classy 👾 (@ClassyCrypto_) December 20, 2022
Meanwhile, as earlier noted, the V23 upgrade was to be done by Terra Rebels, the leading independent LUNC development group. “Only after the Terra Rebels v23 release containing the CosmWasm upgrade will Terra Classic become fully interoperable with other Cosmos-based blockchains. Terra Rebels continues to build value for the Terra Classic Community, LUNC, and USTC,” Raider tweeted in October.
However, his recent statement showed that the Terra Classic V23 upgrade was executed by Edward Kim, a top contributor to the growth of LUNC with the help of an external team.
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More Developments Coming to Terra Classic
It is worth noting that more forward-looking developments are coming to the embattled project that could help boost investors’ interest in LUNC.
Part of Raider’s statement revealed that the Terra Rebels group is partnering with Edward to establish the v2.0.3 upgrade on the Terra Classic blockchain. He wrote, “v2.0.3 which will cover the parity upgrades and other Layer 1 work is still in the process of being budgeted and we are collaborating with Ed for that process.”
Recall that the TR’s fund-requesting proposal to develop a LUNC wallet application (Rebel Station) that would be completely independent of Do Kwon’s TerraForm Labs passed governance voting. In consequence, a whopping $150,000 in LUNC (937.5 million) was released from the community pool to Terra Rebels.
Interestingly, the dev group which recently laid off ten non-functional members has made significant progress already, regarding the Rebel Station. Earlier today, the team dropped a status update on Rebel Station, adding that they will continue to give updates periodically when more information becomes available.
Read Also: New Proposal to Repeal Proposal 10983 That Mints 50% of All LUNC Burns Is Now Live
The status update as stated by a TR member Echelon said, “we are currently downloading the archival snapshot, which is 4.8TB in size from quicksync, this process will take time due to bandwidth constraints imposed by quicksync’s network, once the download has been completed we will proceed with decompressing the archive which again takes time, and then proceed to start the node sync process.”
Here is a status update on #RebelStation. We will continue to give updates periodically when more information becomes available.
Thank you #LUNC community. pic.twitter.com/38ZPswJ9tV
— Terra Rebels (@TerraRebels) December 20, 2022
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