Terraform Labs CEO launches vote on network fork

Home / Terraform Labs CEO launches vote on network fork

Terraform Labs CEO Do Kwon’s plan to fork the Terra network has been put to a vote among holders of the Luna ecosystem management token.
The proposal is now supported by 78% of LUNA holders.
“If the proposal passes, there will be a final snapshot of the Terra Classic network in the 779,000.0 block and the new network will be launched,” Kwon wrote on Twitter.
According to the plan, the Terra network will be completely restarted and the old chain will become “Terra Classic.”

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