Terra Classic Community Veto Against “Six Samurai” Team Proposal To Revive LUNC, Here’s Why

The Terra Classic community completely turned down the proposal to form the Terra Allies team of 6 senior engineering full-stack developers known as “Six Samurai“. While the community members agreed with innovative L1 and L2 developments shared in the $116,000 three-month spend proposal, most voted “No with veto“. This means the community disagrees with funding this team and its work on LUNC.

Proposal 11600 “Terra Allies ‘Six Samurai’ Senior Engineering Team (L1/L2 Q3 Bid & Proposal)” received 57% “No with veto” and 36% “No” votes. The proposal only received 7% “Yes” votes. The proposal has completely failed to gain support from validators and other developers. Popular validators such as Happy Catty Crypto, Classy’s Sphere, Lunanauts, JESUSisLORD, StakeBin, and others rejected the proposal.

The community cited valid reasons to reject the Six Samurai team co-led by developer Bilbo Baggins and Solid Snake. The reasons include a lack of transparency on developers and their abilities, trust in the existing Joint L1 Task Force developer team, and bad actors in the team. The major reason is the lack of funds in the community pool to approve all current proposals.

Also Read: Terra Luna Classic (LUNC) Under Review By Hong Kong Virtual Asset Consortium

Terra Allies “Six Samurai” Team Roadmap For Terra Classic Revival

The roadmap entails crucial milestones such as migrating from Columbus-5 to Columbus-6, which reduces the synchronization time for archive nodes, streamlining the network. The Samurai Six also planned to focus on updating the Cosmos SDK v0.46.x to Cosmos SDK v0.47.x.

Additionally, their roadmap includes pursuing the listing of Terra Classic on Keplr’s web interface, a web tool for analytic visualizations, and Mintscan, a Cosmos block explorer catering to crypto exchanges and customers, and work on USTC repeg.

“LUNC has limitless upside potential, and we want to help realize it by leveraging our skills to bring value to the blockchain and all its investors in order to accomplish a true revival of the ecosystem. We will also coordinate and cooperate with any other teams that win a mandate to dev on LUNC.”

The team expressed readiness to undertake the required efforts to revive the Terra Classic ecosystem. They also emphasized their willingness to collaborate and coordinate with other teams that secure a mandate to develop LUNC.

Also Read: Bloomberg Analysts Increasingly Bullish On BTC Price Amid BlackRock, Fidelity Bitcoin ETF

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

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