Genuine Labs, the core developer group for Terra Luna Classic, announced on May 24 the readiness for a major upgrade to version 3.0.1. This upgrade aims to enhance the Terra Classic chain’s efficiency and robustness by updating various components and addressing issues such as dyncomm decorator fixes and p2p storm attacks. Following the announcement, the price of Terra Luna Classic (LUNC) saw a 3% increase, trading at $0.000111.
This upgrade is a key part of Genuine Labs’ roadmap for improving security and performance on the chain. The upgrade includes SDK v0.47, wasmd v0.45, ibc-go v7, and a p2p storm fix. Historical milestones include the recently completed rebel-2 testnet update. The LUNC price jump aligns with a broader recovery in the crypto market, underscoring the strategic importance of such upgrades in maintaining network integrity and investor confidence.
For more details, visit the official GitHub page.
