Updates on the LUNC network. New tax mechanism.
The LUNA coin has been known in recent years for falling from the top of Olympus and even penetrating the bottom of the Pacific Ocean. The project was immediately buried, but not all. The project still has a community that is trying with all its might to return the project to its former glory. This is probably an example of one of the few projects with such a strong community. Most don't pay attention to LUNC, but in a market the majority must be wrong for the minority to profit.
If you carefully look at the news of the project, updates are released regularly. This is how the "Reverse Change" tax mechanism was adopted. Under this mechanism, tax is automatically deducted from the transaction amount before it reaches the recipient's address.
Prior to this update, transactions involving smart contracts could be taxed both when receiving and sending funds. The main feature of the new tax mechanism is the possibility of eliminating double taxation.
Updates are coming, coins are being burned, and the community is working. This project still has a lot of work to do to correct the mistakes of the past, but it is a work in progress. Remember - most cannot make money in the market, most must lose money, most become fuel.
