Terra Classic (LUNC) has been on the rise, despite the cryptocurrency market’s recent struggles. This is in anticipation of a major upgrade that would allow technological parity with LUNA 2.0.
The L1 Joint Task Force, the Terra Classic core developer group, had earlier upgraded its rebel-2 testnet to version 2.0.0 with Cosmos SDK v0.45 to enhance functionality and support the transition of the Terra Classic mainnet upgrade.
After successful L2 compatibility testing, the blockchain developer team’s project manager, LuncBurnArmy, submitted a proposal for the Terra Classic core mainnet upgrade to version 2.0.0.
The upgrade is set to go live on May 17, which will also introduce the Cosmos SDK v0.45.13 and Tendermint v34.24 upgrades.
This will allow building decentralized applications (dApps) on the LUNC blockchain, in line with the roadmap.
The company has also completed the hiring process for a new Senior Cosmos Developer, whose primary focus will be bringing the blockchain to parity through the Cosmwasm upgrade, as well as advising on the ideal Cosmos SDK upgrade roadmap and release planning schedule for future upgrades.