Some of validators are against what TFL did… look PFC was really pissing them off…
And now dev are reasoning about it is not secure yet, and they worry about other attacks.
That is why we have no governing right now and we really need new governing system in order to fix the issue.
Validators are receiving 60,000% APY from staking. That is why they are a bit hesitant to hand over the keys, so to speak. Funny how this keeps getting deleted.
Funny how you keep spreading misinformation without understanding a damn thing about what you are typing.
Just stop and go!! We are tired of your bullshit
What’s a proposal number ?? I will support
I know you are @365, and you are coming with new name after getting banned due to spamming with negative and blaming on dev lol.
Well liked we discussed in chat, please read again all the content before jumping to your conclusion. You never try to listen and read all the contents.
I simply mentioned that
We should have two teams, one is for LUNA and LUNC, we could co-exist, but however, the governing structure must change.
Thus, the Terra team must hand over to the LUNA team who are going to work for under the new governing system, we could hire the best and prove that we could move on without Do Kwon’s involvement.
GitHub is open source, we will get access to when hand over is done.
Validators are just node runs by server, like I said read again the complete draft as well as initial notes.
Everyone can join without limitation.
Legitimate of vote is done by community, if you don’t like to spend time in it, you don’t need to participate at all. That is what gonna happened.
Guys all the code is open source, you all can make a copy of it, build the features that you need, and ask validators to update their nodes.
Developers from TFL can’t work on both the chain, so before posting a proposal I think that you should find a team that can implement it.
Also don’t blame TFL / Validators and then ask them to work for you for free.
We will end up their voting rights, by role based PoV. And they will never have delegations anymore. They will validate for chain transactions and get paid for PoW only.
Right now, current Delegations is not secure that’s why they cannot open up for another attack.
@AtoZ just tell me, is current government secure or not? Do you really have government now at Lunc? Well that answer alone will give you what you guys did and now you have no solutions over to fix that. And you wanna tell these $ucide cases are fake news too? If the current governance for Lunc is secured and why cannot you roll out the core update? You guys hardcoded for that, you cannot even change with govern. What a way for patching.
If you have secure governing system. we don’t need to waste the time and urging for mess TFT did, I would also withdraw the proposal to change new governance, but you don’t even have solutions yet.
MEXC create nice exchange burning mechanism. Need same for Binance etc. DK have new project - its okay, just away from old.
There is main concern from community, they are getting worry about another fork at the core, and fight btw validators, if we do that. We the coders know we could do that easily with GitHub fork and validators, but that concern will remain the same from the majority of community.
In order to coexist and move on, the TFL just have to give up officially right to control over lunc core. That’s why we have dev are asking admin rights over core, then community will get peace of mind that we will not get another fork.
We are not looking to fight with TFL, they don’t need to support in the future as well, if they would like to assist or help, they are mostly welcome, we could listen and iterate the changes for the community. We will have community own validators and devs who wanna support and earn fair shares with code of ethic. We are not going to seek for free when they give up, they can move on with Luna 2, we can move on with Lunc. It should be fair and simple.
It is just the leadership, we are seeking for community with new governance for peaceful transition! If they do that, the community could bring the smart contract team and even hire more for new governing contracts with escrows.
Hi everyone, I just put a related post on Osmosis commonwealth.
I just want to say that I do not think that this should result in any kind of a fight with terraform labs and I think that the current state of T1 is that of an unholy zombie. Either we reenable staking OR we shoot it.
I also realize that’s a suggestion of shooting Columbus five may sound really painful to the community and I realize that there are already many people in pain. Please know that I empathize deeply with you and experienced financial losses in the situation as well. A colleague of mine made incredibly insightful commentary today on what happened during the absolute chaos. I have a small amount of unique insight into that, although for all I know it’s already well discussed. At least in the circles that I run in, it’s no secret that the consensus instability of the chain was first identified publicly by Zaki Manian. I also want to say that I personally supported the chain halt, based approximately half on my personal opinion and half of my high regard of his work.
My suggestions can be found on Osmosis commonwealth. I’d link but cannot post them. Look for the red notional cat.
My colleague Michael’s thoughts on validator actions during the consensus instability period can be found on his twitter account, MikeSofaer (I would link but cannot post links)
I should say that overall, not an every case but in the majority of cases, the T1 validator’s made responsible choices and tried to serve the community as earnestly as possible during a disaster.
It is now my frank opinion that we have a zombie on our hands, and that it is now our responsibility to either shoot it or bring it panic into a proper life form.
Thanks very much to everyone involved for hearing this argument out, and please know that you can reach me on Twitter messages, and that I can most likely write (and am willing to write) the code needed to allow that channel to function again.
Bless the rekt.
I don’t want to comment on the proposal but on your post since it made my blood boil.
Based on the chatlogs Thor distributed
Wasn’t it one of your guys who pushed for a fork and prepared it even no community consensus existed or any proposal ?
Wasn’t it one of your guys who pushed to disable staking knowing that validators hold majority of staked lunas ?
Wasn’t it one of your guys who told validators who opposed centralizing power that it would be only temporarly till you fork out ?
Sorry to say but reading your comment knowing what your guys did based on chatlogs it seems you are a manipulator
Thanks for that. Seems like several are for the idea of working on LUNC, but not decision to let it go from leadership???
Hi. I’m very interested in seeing it built from these scraps. I do think it is really important for all of us to not dwell on the past (I lost quite a bit too). We are all learning here. This unfortunate experience made us better. Please note that I am NOT minimizing the wrongdoing and shenanigans. But, it isn’t helping any of us to dwell on it.
Personally, I would love to see LUNC and USTC thrive. (@) Do Kwon you still have “Master of stablecoin” in your Twitter title. SHOW US MFER!!! Show us your are the master or let it go. You know how to create scarcity and value. Do something with Classic. Otherwise, the community builders can show you up.
One of the best proposals and very sensible. Extensive support is needed. Validators must stop playing ostrich anymore…
People Who want to Burn LUNC need to understand validators and DK need to earn something and keep this coin over control if we want that they “unlock” governance or even push validators/devs to do something for LUNA classic
Sorry to say but reading your comment knowing what your guys did based on chatlogs it seems you are a manipulator
Hey there, I just want to let you know that I did not make that call.
I’m a validator on Osmosis, and I don’t have “your guys”.
That said, I am likely one of few who was aware of the decision to halt the chain before it happened, and in the sake of being straight with you, I supported it.
Now it is about allowing IBC chains to recover their assets mutually.
Please don’t assume a depth of context that’s greater than what I actually have: no idea who held what in terms of what was staked, and could vote.
I do prefer to see “LUNC” either brought down, or have its governance restored.
There were plenty of proposals to re enable staking.
Not a single validator voted for it including you.
Would you say these proposals are irrelevant because the decission is made in validators chat anyways ?
Hi there @Lunc please ser, keep in mind that I do not validate Terra1 or Terra2.
These decisions are made in validators chats, you’re correct.
The validators are the key individuals to lobby to reenable governance on Terra1.
Personally, my stance is that lunc should either be shot (eg killed, not going to mince words with a community that has suffered enough) or brought back to life (eg its governance functions should be restored to working order) and I am not even expressing a preference which, though it would be nice for the holders of external assets on t1 to be able to move them off of t1.
To the community of t1, I will say that I have no skin in this game, except as a validator of 26 chains across cosmos, where I am aware that the community is overwhelmingly in support of getting assets brought back to their origin chains.
I am really glad to facilitate this, as my friends larry0x and ccclaimens have initiated this course of action.
If you want to see it happen, then please put me in touch with as many t1 validators as possible via twitter. I think that I can write the needed code.
Personally, my stance is that lunc should either be shot or brought back to life (eg its governance functions should be restored to working order) and I am not even expressing a preference which, though it would be nice for the holders of external assets on t1 to be able to move them off of t1.
Why should it be nice for T1 to move to be able to move them off from T1? Please explain, let’s say I purchased Terra 1 aka Lunac price at $5 dollars for $50,000. And do you think, it will be fair to give him an airdrop of T2 LUNA 0.15. Does it make sense of fairness? And you wanna wipe the whole chain because you cannot govern anymore. If you and your Comos team cannot revive, how about giving up and handling who is willing to help. We don’t give shoot something easily without we tried? will you put down your mother when she is just ill with covid? Well, we will not give up.
Coz your Cosmos builder like Sunny Aggarwal, people have to suffer and don’t you feel a little bit of shame when people are suffering coz of you guys did.
If you guys from T2 don’t like the T1, how about you guys unload all the coins to market, put the money where the mouth at. Please sell everything that you have on your wallet or donate to new T1 team. We will make it alive for sure! Even if you could wipe the whole chain, we could resurrect it back.
Where is decentralization when you are decisions for your sakes and greed? You have 0% right to halt without a community vote. And blockchain systems should be run 24/7 to support the transactions. That is the heartbeat of the chain. You guys didn’t approach to tell Exchanges to halt only, exchanges are the place market play for supply and demand. That is economy one and one for you guys. You guys are not playing with Monopoly money. Your UX of Govern is sucked! Halting is the killing of the chain, never should happen, when it is done, it is not centralization anymore. You guys are not different than diactors.
If you would like to help, please tell the t2 team to give up on control officially, move on 100% to T2 and please give rights to a new team which we will form for the community to control the core of T1, we will move from here with the new T1 team to restructure the new governing system. If you could do that, we can move on peacefully, and we could compete for the betterment of blockchain to survive.