Terra Luna Classic Developer Unveils Major Progress on Tax2Gas Upgrade
- Genuine Labs, the core L1 developer, has completed significant work on the Tax2Gas upgrade for the Terra Luna Classic blockchain.
- Internal team issues, including threats and harassment, have been resolved, ensuring smoother future operations.
- Testing on the rebel testnet is ongoing, with no confirmed date for the upgrade’s release until testing satisfaction is achieved.
- Despite these developments, LUNC and USTC prices have dipped, with LUNC down 2% in the past 24 hours to $0.00007537.
A standout detail is the resolution of internal conflicts at Genuine Labs, which had been causing delays. This resolution is pivotal for the timely and effective implementation of the Tax2Gas upgrade.
Looking ahead, the successful deployment of Tax2Gas could significantly bolster Terra Luna Classic’s network capabilities and potentially stabilize or increase the value of LUNC and USTC tokens. This upgrade marks an essential step towards regaining community confidence and driving future growth.
