Terra

<ul class="news-points">
 <li><strong>The Terra Luna Classic community passes proposal 12033 with a majority voting for the proposal.</strong></li>
 <li><strong>The proposal introduced by SolidVote LUNC Validator mandates Know Your Customer (KYC) procedures for all L1 developers.</strong></li>
 <li><strong>With the proposal, the community assures the safety and integrity of the blockchain.</strong></li>
</ul>
<p>In a landmark decision, the LUNC community approved <a href="https://coinedition.com/terra-luna-classics-tax-debate-evm-boost-what-lies-ahead/" rel="noopener noreferrer nofollow">Terra Luna Classic</a>’s proposal to mandate Know Your Customer (KYC) procedures for all L1 developers. ‘Mr.Diamondhandz1’, a prominent voice in the LUNC community, shared an X post highlighting the crucial development in the ecosystem.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">BREAKING: <a href="https://twitter.com/search?q=%24LUNC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LUNC</a> proposal #12033 requiring L1 developers to KYC to a third party provider in order to submit code on the <a href="https://twitter.com/hashtag/LunaClassic?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LunaClassic</a> blockchain has officially PASSED. Thank you to all who voted, time to rebuild <a href="https://twitter.com/hashtag/LUNC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LUNC</a>. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6e0.png" alt="🛠" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f315.png" alt="🌕" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f48e.png" alt="💎" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f932-1f3fb.png" alt="🤲🏻" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/LUNCcommunity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LUNCcommunity</a> <a href="https://t.co/hvA9CaThF7" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/hvA9CaThF7</a></p>— Mr. Diamondhandz1 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f48e.png" alt="💎" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@MrDiamondhandz1) <a href="https://twitter.com/MrDiamondhandz1/status/1755551402804298059?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">February 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="h-terra-luna-classic-introduces-security-measures"><strong>Terra Luna Classic Introduces Security Measures</strong></h2>
<p>Previously, anybody could create a code for the chain anonymously, posing serious threats to the ecosystem. For instance, malware like a Trojan could be easily inserted into the chain, compromising and inf…</p>
<p>The post <a href="https://coinedition.com/terra-luna-classics-proposal-12033-gets-approved-with-major-support/" rel="noopener noreferrer nofollow">Terra Luna Classic’s Proposal 12033 Gets Approved With Major Support</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Terra Luna Classic’s Proposal 12033 Gets Approved With Major Support

Table of Contents

Coin Edition

Other articles published on Feb 9, 2024

Boom! Bitcoin Barrels Past $46,000, Eyes $50K As Bullish Sentiment Returns

Dymension’s DYM Token Skyrockets to All-Time High Post-Mainnet Launch

Next Cryptocurrency to Explode Wednesday, February 9 – Smog, Filecoin, THORChain

Top 5 potential airdrops via EigenLayer restaking

$NOOT Token: A Memecoin Marvel Rises on Solana

What is the Best Altcoin to Buy in 2024? The Ultimate Guide to the Best Altcoins

Join our free newsletter for daily crypto updates!