Terra Luna Classic (LUNC) Criticizes Core Developer Q4 Plans

Terra Luna Classic (LUNC) Criticizes Core Developer Q4 Plans

Terra Luna Classic core developer Joint L1 Task Force (L1TF) releases details on the Q4 development and maintenance plan for the chain. However, the community criticizes the L1TF for their approach for Q4 and upgrades that impacted Dapps and projects in Q3 due to technical issues. In fact, L1TF plans to work for free in Q4.

Terra Luna Classic L1TF Release Q4 Proposals

L1TF developer Vinh Nguyen in a post on September 17 revealed the L1 Task Force Q4 proposal. Surprisingly, the team plans to work on only maintenance, resolving technical issues, and implementing improvement proposals. The team now has only three developers Vinh, Gevik, and Inon Man.

The lack of any upgrades or major developments induces criticism from the Terra Luna Classic community. While community members appreciate the L1TF working for free, they completely disagree with the Q4 proposal. Moreover, the community believes the team is incomplete and needs new developers or replace existing ones.

“The Joint L1 Task Force has successfully upgraded the network to core v2.2.1 on Sep 12, 2023. However, we have noticed technical debts accumulated from many previous upgrades which will require dedicated time for maintenance. To quickly achieve parity, we have traded layer 2 compatibility for speed, resulting in many broken DApps and Tools.”

Also Read: Binance To Help Terra Luna Classic (LUNC) Community Repeg USTC To $1?

L1TF proposes a stable Layer 1 infrastructure and easy-to-use Terra Classic smart contract development libraries. The team will mostly work on clearing L1 technical issues, updating important DApps on Terra Classic, and collaborating with other infrastructure teams.

In addition, L1TF will release a report if an improvement proposal is dangerous and can’t be implemented. The team will stick to these L1 proposals only.

The total budget for Q4 is $9000, which is 160 million LUNC. As the team plans to volunteer for the quarter, the total cost only includes discretionary computing costs for three months.

LUNC price currently trades at $0.000058, up nearly 0.50% in the past 24 hours. The trading volume decreased last week and looks to continue the trend for this week.

Also Read: Former SEC Official Weighs In On Binance Vs US SEC Hearing As Judge Approves Motion

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

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