Terra Classic LUNC Price Surges by 5% as New Penny Crypto, Bitcoin Minetrix, Secures $150k

cryptonews.com:

Terra Classic price has seen LUNC surge +5%, as Terra community members deliberate on two crucial proposals set to shape the future of the Terra Classic ecosystem.

At the heart of this debate lies the governance of validators' commissions and the infrastructure support offered by Allnodes.

Community members of Terra Luna Classic (LUNC) are in the midst of a serious vote on a proposed v2.2.2 soft fork, which could redefine the minimum commission validators receive.

This step comes in light of an unintentional setting of a 0% commission rate following a main-net upgrade, the decision to rectify this was championed by Till Ziegler, previously with the Terra Classic Joint L1 Task Force (L1TF).

Ziegler's insights were seconded by blockchain engineer Vinh, who stressed the urgency for the upgrade, slated to be integrated by October 9, 2023 (vote ends October 3).

However, this isn't the only decisive action the LUNC community is mulling over - the silent hero of Terra Luna Classic, Allnodes, is currently under the spotlight for its unyielding support and consistent service, all rendered without a penny in remuneration.

Their suite of comprehensive infrastructure services, from Light Client Daemons to facilitating smoother blockchain data queries for applications, stands testament to their unwavering commitment.

A proposal is currently in motion, emphasizing the importance of consistency when remunerating endpoint providers like Allnodes.

With the proposed optional monthly payment of 150M LUNC, the Terra Luna Classic community finds itself at a crossroads.

This isn't just a nod to infrastructure support but an acknowledgement of dedication, symbolizing the ethos of fairness, balance, and gratitude the community prides itself on.

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