Cryptocurrency Q&A
What network is Luna on?
What network is Luna on?
SakuraWhisper
Fri Jun 28 2024
|
5 answers
1082
I'm curious about the underlying infrastructure of Luna. Could you please elaborate on the network it operates on? I'm interested in understanding if it's built on a well-established blockchain or a novel, emerging platform. Also, I'd like to know if it has any unique features or advantages compared to other networks. Additionally, I'm wondering if the network is scalable and capable of handling the growing demand for Luna transactions. Clarifying these details would greatly assist me in evaluating Luna's potential and suitability for my investment portfolio. Thank you for your time and consideration.
5 answers
DigitalCoinDreamer
Sun Jun 30 2024
This bifurcation aims to address certain issues within the network and facilitate the development of new features and functionalities.
Was this helpful?
206
69
Eleonora
Sun Jun 30 2024
The Terra network has undergone a significant restructuring based on a newly implemented governance plan.
Was this helpful?
376
82
Enrico
Sun Jun 30 2024
As a result of this plan, the network has been bifurcated into two distinct chains.
Was this helpful?
87
80
Michele
Sun Jun 30 2024
One of these chains, designated as Terra Classic, will carry forward the legacy of the original network with Luna Classic tokens (LUNC) serving as its native currency.
Was this helpful?
212
33
EnchantedSky
Sun Jun 30 2024
In contrast, the new chain, simply referred to as Terra, will operate with LUNA tokens and is often referred to as LUNA 2.0 to signify its evolution from the previous iteration.
Was this helpful?
201
47
