The Terra Luna Classic community has recently achieved a significant milestone by approving a proposal that aims to remove forked mainline modules from its blockchain. This decision is made with the goal of improving the maintainability of LUNC, reducing technical debt, and aligning more closely with the Cosmos ecosystem. With the upcoming burn of TFL assets, speculations about LUNC reaching the $1 mark have been growing stronger.
The proposal, numbered 12142, has received overwhelming support from the community, with 99.97% of votes in favor. This demonstrates the strong backing from validators and delegators such as Allnodes and Stakely.
Developers at OrbitLabs have highlighted the drawbacks of maintaining the existing forked versions, which include higher operational costs and increased risks of security vulnerabilities due to missed updates.
The proposal outlines a two-phase implementation plan. The first phase focuses on updating the consensus engine and incorporating the latest features from the Cosmos SDK to enhance security. The second phase aims to upgrade the Wasmd contract system, ensuring compatibility with existing smart contracts and minimizing disruptions.
If the proposal is finalized, the first phase is estimated to take approximately eight weeks, followed by an additional ten weeks for the second phase. This will mark a crucial advancement for the Terra Luna Classic network.
