- The Terra Luna Classic community passes proposal 12033 with a majority voting for the proposal.
- The proposal introduced by SolidVote LUNC Validator mandates Know Your Customer (KYC) procedures for all L1 developers.
- With the proposal, the community assures the safety and integrity of the blockchain.
In a landmark decision, the LUNC community approved Terra Luna Classic’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.
BREAKING: $LUNC proposal #12033 requiring L1 developers to KYC to a third party provider in order to submit code on the #LunaClassic blockchain has officially PASSED. Thank you to all who voted, time to rebuild #LUNC. #Crypto #LUNCcommunity pic.twitter.com/hvA9CaThF7— Mr. Diamondhandz1 (@MrDiamondhandz1) February 8, 2024
Terra Luna Classic Introduces Security Measures
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…
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