LUNCarmy

$LUNC accepted the proposal for the modernization of the LUNC network through Cosmos.

the account for this update will be 56,000 dollars paid in LUNC taken from the community.

here is a small update regarding the previous publication referenced.......... due to the enormous support from the community and validators at #OrbitLabs it was offered to give us the latest update for the same price, that is support for the community 🤝...... if OrbitLabs supports LUNC.....LUNC will support OrbitLabs.

also the phases are more concrete, still being 2 phases. previously I mentioned it would be about 3 months, now it is revealed that it will take 13 weeks to complete the update.

on the other hand, we see benefits such as

1: lower operational complexity
2: state-of-the-art system to support all types of current currencies (this is good because we are getting closer to RWA)😉
3: greater security, along with #SeleniumProtocol it will provide incredible security for investors as #JurisProtocol will be strongly backed by security systems🙌

#LuncArmy now we are seeing real changes after 3 years, this is reaching its climax..... of course, it won't be fast but it is a progress that will make us go a little faster

what do you think community? I read you👀

$LUNC $USTC hello today we will talk about the proposal that has become a reality in a matter of days from #orbitlabs which consists of the following and we will see it as an engine in the ecosystem.

1: SDK update (Software Development Kit): simple.....having the most modern version of cosmos that streamlines and improves project developments and connections between blockchains and would have compatibility with previous updates to follow up on old projects. In conclusion, a better starting engine for the community🦾

2: IBC-GO update (Inter Blockchain Communication) and (GO is the programming language): as we mentioned in the previous section, it is for communication between ecosystems, meaning the catalyst that starts the whole project. In conclusion, it is the fuel of the engine.🦿

3: Wasmd and wasmVD update: wasmd is the web accessibility that provides the codes for transactions and wasmVD is the virtual machine that once everything is configured, the robot would do everything automatically. In conclusion, it is like the additive of the engine that makes everything improve for its optimal functioning.🤖

4: cometBFT update (Byzantine Fault Tolerance): it is the surveillance system for malicious transactions as well as making functions as practical as possible by reducing the use of tools. In conclusion, it is like the mechanic/technician who is watching to ensure everything runs smoothly with the functioning of the engine.🧑‍🔧

everything divided into phases

phase 1: It would take around 8 weeks and would be the update as such.

phase 2: It would take around 4 weeks and would be the validation, meaning correct functioning.

taking around 3 months..... for a network modernization.

what do you think about this? For me, it is very good as the community is alive and continues to recover, showing commitment🤝

$LUNC $USTC today we will talk about a proposal in the LUNC community by "strachcole" a validator in the community who does not comment much or express opinions often, but when he proposes something or speaks, things always take a radical turn for the better.

The proposal is as follows: he says they can make a patch on the old nodes (old updates) and withdraw all the funds that are in the image on the left, which as we see are large amounts through a patch that would reach those funds through a specific hole in the nodes and would be closed again as if nothing had happened. An example would be that we have a piggy bank without a cork to seal it again, and since we do not want to break it, we make a hole to take out the money and cover it again with the same piece we removed, leaving it as if nothing had happened.

The document does not mention burning those funds; it talks about the following:

1: liquidity for the chain (could be for projects and updates)

2: restore old sources of income that were stagnated due to lack of economic solvency

If this proposal is activated, it would cause short-term chaos in the price of LUNC, but the validators and especially validator bots would have to re-establish the price hours or days after the event if it is approved.

Personally, I do not know how to feel about this proposal, but strachcole always comes to shake things up and always for the better.

My stance on this will be neutral, and what do you think? I read you.......