#TerraClassic Community, it is important to understand one simple truth: there cannot be only one blockchain network. A system of this scale must, by definition, be distributed.
When millions of tokenized financial instruments hit the market, the load will be such that one network simply cannot handle it.
At least 5-6 major infrastructures are needed, so that there is no single point of failure. This entire “tribal” approach — who supports which chain, who supports which coin — is just arguments.
In the end, it will not be those who shout the loudest, but those who have:
🧩the best architecture 🧩strong teams 🧩real scalability 🧩high speed 🧩low transaction costs 🧩decentralization with privacy capabilities
Binance perfectly understands these aspects and holds 92% of the total supply $LUNC and at least 45% $USTC since this blockchain offers fast and accessible calculations, and the transaction processing speed reaches up to 250,000 per second + an algorithmic binding model, an excellent environment for the operation and communication of AI agents.
#TerraClassic A new vote has been opened on the chain aimed at upgrading the software to version 4.0.1.
The preliminary chain lock time will occur at block 28486158, with processing scheduled for approximately Wednesday, May 6, 2026, at 14:30 UTC.
This patch includes:
• Fixes for deprecated historical queries. • Bugs in delegation/staking validator requests that were characteristic of outdated systems have been resolved. • Bugs in IBC handling in wasm, including the registration of missing unprocessed IBC wasm packets have been fixed. • Subsequent documentation updates. Swagger / API
#TerraClassic The chain has wrapped up voting on funding one of the strategically vital proposals aimed at upgrading the infrastructure for better compatibility with the Cosmos ecosystem.
The community and validators voted "FOR"
The essence of Proposal #12220 is the second phase of funding for a major network upgrade:
Transitioning to:
* Cosmos SDK v0.53.x * CometBFT v0.38.x * Wasmd v0.61.x * IBC-Go v10.x * full support for IBC v2 (Eureka)
The main idea is to jump straight to SDK 0.53, skipping the intermediate upgrade to v0.50, to avoid two separate mainnet upgrade events and reduce coordination risks.
#TerraClassic on-chain has completed the signal voting on staking $USTC without minting new tokens, the majority of the community and validators voted 'FOR'.
#TarraClasic on the chain, voting on funding for Phase 2 (implementation of the mainnet upgrade and post-upgrade support) of the Terra Classic upgrade to Cosmos SDK v0.53 with IBC v2 (Eureka) after the successful completion of Phase 1 (implementation and testing of the testnet) in the rebel-2 testnet.
The results of Phase 2, already completed on the mainnet, include: preparation of a governance proposal for the mainnet upgrade, coordination of validators and upgrade support, execution of the mainnet upgrade (SDK v0.53.4, CometBFT v0.38.19, Wasmd v0.61.4, IBC-Go v10.3.0), as well as immediate post-upgrade monitoring and stability verification.
What does the transition of Terra Classic to v4.0.0 with the integration of Cosmos SDK v0.53.x really mean.
🎯1. What changes at the architectural level. Cosmos SDK v0.53.x is not a cosmetic update, but a version where modularity and standardization of inter-network interaction through IBC (Inter-Blockchain Communication) are strengthened. For Terra Classic, this means: — updating the core modules (staking, bank, auth, distribution, etc.)
#TerraClassic a new voting on the staking system is open on the chain $USTC (without a mining mechanism).
This proposal is aimed at assessing the community's interest in exploring the possibility of developing a staking system for USTC on the blockchain, specifically designed without any token issuance.
This is merely a preliminary proposal. Funds will not be used, and rewards will not be activated at this stage.
The goal is to assess whether the community supports the initiation of work on a staking mechanism aimed at:
- Reducing the circulating supply through participation in staking.
- Alleviating immediate selling pressure.
- Increasing activity and utility on the blockchain.
- Strengthening the Terra Classic ecosystem at level one.
#TerraClassic voting on the chain has concluded #12218 aimed at updating the network to Cosmos SDK v0.53.x (v4.0.0) by halting the blockchain, which will take place approximately on April 17, 2026 at 18:04:57 (GMT+3).
This is one of the key technical updates of the network:
• transition to a newer version of SDK • improvement of security and performance • preparation of the foundation for further changes (including modules, governance, and compatibility)
#TerraClassic voting is open on the chain for the software update to version 4.0.0 — Cosmos SDK v0.53.x.
The chain lock will be suspended at the mark 28214400, which will approximately happen on Friday, April 17, 2026, at 14:30 UTC.
This is a major framework update for blockchains that: • adds new capabilities • removes outdated modules • prepares the ecosystem for the next generation of infrastructure
#TerraClassic voting on the chain has concluded #12216 the essence of which is to launch staking $USTC through the withdrawal of the community pool (100% of the pool, approximately 61 million) and to initiate an inflationary model by minting USTC and increasing the issuance.
The community voted "against," this proposal was put forward by the validator Vegas, who places his personal interests above the community, people should know the hero by face.
In conclusion, I summarize that the community $LUNC , by rejecting this proposal, has shown maturity and resilience, the community is learning and becoming educated; such a community has a future, and thus the blockchain #TerraClassic has a future.