Terra Classic Community Debates Proposal to Cease Payments to Jacob Gadikian

The community is split on who Gadikian and Notional Labs are in contract with.

The Terra Classic community is currently debating proposal 11316, which wants the Terra Grants Foundation to withhold payments to Jacob Gadikian from payments intended for the Joint L1 Task Force.

Per the proposal, the TGF should only pay Gadikian for work done in January and retain payments for February and March in the TGF multisig wallet. The author disclosed that the step is necessary due to Gadikian’s recent attacks against Terra Classic validators.

Recall that Gadikian brought the community’s attention to worrying Allnodes business operations and high voting power. Notably, he revealed that the node hosting service provider held the seed phrases of its validator customers despite claiming to run a non-custodial service. As highlighted by the Notional Labs founder, it represented a significant centralization risk in the event of an exploit.

Consequently, the developer launched a campaign to get community members to re-delegate their Terra Luna Classic (LUNC). However, it is worth noting that some community members did not take kindly to Gadikian’s approach. The entire debacle has culminated in Gadikian announcing his withdrawal from the Layer 1-focused development team in response to statements from fellow developer Tobias Andersen, AKA Zaradar, asserting that Allnodes having a 40% voting power on the chain was not a problem.

Notably, proposal 11316 has left the community split on who is in contract with Gadikian and in the right place to terminate the agreement.

According to TerraCVita, another independent Terra Classic development group, the contract is between the TGF and Gadikian, and it does not feel that the community should interfere. Consequently, it voted “no with veto.”

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However, DemonMonkey777, co-owner of LuncLive validator, pokes holes at TerraCVita’s claim, asserting that the TGF has an agreement with only the LUNC community and it was the community that approved the funding of the Layer 1 team. Consequently, the network validator argues that the community contracted Gadikian, not the TGF.

Notably, fellow LuncLive co-owner JBooze shared similar sentiments with DemonMonkey777. The validator highlighted that the TGF is a custodian of funds only and remains subject to the directives of the community.

On the other hand, Classy, a network validator, asserted that the proposal was unnecessary. According to the validator and influencer, Gadikian will get paid if he works despite the disagreement and vice versa. However, it is not apparent that the developer will not be paid if he does not work per the current agreement and if it is within the rights of the TGF to withhold his pay.

Distribution of payments will happen monthly at the end of every calendar month given appropriate milestones have been achieved, approval from the oversight committee, and approval from Terra Grants Foundation signers of the multisig,” the Joint L1 Task Force funding proposal reads.

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Source: https://thecryptobasic.com/2023/02/02/terra-classic-community-debates-proposal-to-cease-payments-to-jacob-gadikian/?utm_source=rss&utm_medium=rss&utm_campaign=terra-classic-community-debates-proposal-to-cease-payments-to-jacob-gadikian