This NEEDS to be discussed as once it forks, if there is no plan then exchanges will drop Luna Classic from their exchanges. If there IS a plan then maybe we can sway some to continue listing it while we fix it.
My plan instead of a fork…
However in the event of a fork my plan could still work on a Classic Luna/USTc chain but would then require forming a dev team, getting financing etc so this would be more difficult, not impossible, and I would still be interested in this option.
Also check out my poll on Twitter and vote to fork, or not fork Twitter @deathstardaddy which at time of writing this is 95.2 % against forking. Out of nearly 50 votes.
I understand that. But we need to fix this chain and fix UST, which his plan will just abandon. Ust has so much potential still.
Do Kwon has the keys, will he be willing to pass them onto a new team to continue developing the origional chains, keeping them relevent?
If you’re a developer or have other blockchain experience and would be interested in joing my team, message me here and once I can get more info would love to discuss with you more. For now view my plan and please add your comments on it. Lets build a solid plan for Luna/Ust or Luna/Ust Classic
LUNA, or Soon to be named LUNA Classic, if Do Kwon is successful, still has so MUCH potential. It’s not another abandond Etherium Classic chain. In the right hands with new developers, and people working to maintain all the Dapps, while adding even more purpose use, like NFT’s, gaming, and Metaverse integration, could make it successful, dare I say, more than the new LUNA. I also think UST could be repegged eventually which is why I would fight to maintain it’s existence and a new connection to Luna (Classic). Not algorythmic as it was before, but still decentralized.
With buy backs and burning both these projects are savable, and with investment from outside TerraLabs, could help LUNAC’s chances significantly. (Ha Lunacy).
I will send you a message to keep your info ready.
Question. Would the luna classic have validators? Developers? If not, there’s no value in the chain. It would be just a crypto to be speculated on cex.
How many developers does the current chain have, and how many are with DK? Validators?
Well yes in some area they will compete, but there is opportunities for them to compliment each other. Also I am sure Do Kwon will always hope for the best for this chain even if he’s no longer associated with it. The name Luna has a lot of meaning for him after all.
I like that perspective. I think that’s the ideal situation and follows the theme of Luna and Firma stabilizing each other. Dual chain might be something to entertain. There’s probably a use case for high supply tokens that no one has thought about yet.
I was thinking about perhaps mimicking natural analog system. If you’re not familiar, think neurons, red blood cells. I think an analog approach in V1 can provide quite a bit of robustness and stabilize Firma.