IT’S OVER: Do Kwon to RESET the Terra Luna Blockchain | Cryptocurrency News
Welcome to Cryptocurrency News, I’m your host, Do Kwon.
Today I’m here with some exciting news about the Terra Luna Blockchain.
As many of you already know, the Terra Luna Blockchain was launched in 2018 as a platform for decentralized applications and smart contracts.
However, recently, due to a series of security issues, it has become clear that the original code base is no longer suitable for the task of running a secure and reliable blockchain.
In light of this, the Terra Luna team has decided to RESET the blockchain and start over with a new code base.
This means that all existing tokens, assets, and contracts will be wiped out and users will need to re-register and re-establish their accounts on the new Terra Luna blockchain.
This is a big move and will undoubtedly have a major effect on the crypto community.
We are still awaiting more details on the timeline of the reset, but it’s clear that this is a major event in the world of cryptocurrency.
We’ll keep you updated with more information as it becomes available.
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