Terra Luna community voting on key proposal to counter p2p spams

The Terra Luna Classic ($LUNC) community is voting on a vital proposal to counter risks related to peer-to-peer attacks on the blockchain.

Terra developers observed possible dangers in Solana, Polkadot, and Cosmos ecosystems and advised measures to alleviate the effect of such spam on the $LUNC chain.

Terra Luna Classic block reduction proposal

Core developer Genuine Labs introduced a vital proposal to slash the Terra Luna Classic block size to 2 MB from the current 5 MB. The team trusts reducing MaxBlockSize will help mitigate P2P attacks.

Jacob Gadikian of National Labs urged the community to support the proposal and recommended a second vote to slash the block size to below 1MB.

The MaxBlockSize proposal has garnered over 99% YES votes from validators and community members.

All 17 participating validators voted in favor as they viewed the proposed solution as a viable option at the moment.

$LUNC & USTC’s current price actions

The altcoins retained sideways tendencies as bears engulfed the overall crypto market. $LUNC saw a slight rebound after yesterday’s 8% dip, currently hovering with a 1.49% 24-hour loss at $0.00009728.

USTC maintained similar tendencies, losing 1.54% in the past 24 hours to hover at $0.01644.

Moreover, data shows Terra Luna Classic’s total value locked (TVL) plunging, reflecting faded development activity.

USTC and $LUNC will likely mimic broad market actions, and experts forecast market consolidation until the much-anticipated Bitcoin (BTC) halving.

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