AuraStake

Terra Classic:

[Shiizzle.! @_Shiiizzle]

Do you see what im seeing?

@stablekwon is back.

$Luna

[Vinh Nguyen @TheVinhNguyen4]

Terra Classic decentralization through data availability

Terra Classic state is huge and it is a nightmare for chain upgrades. Thanks to Jesus blessings, the chain is still running, phew. But, state bloat is harming decentralization. How to effectively deal with this?

Why state bloat is such a serious problem? it hampers decentralization. Only few capable validators can meet increasing node requirements leading to more centralization. No matter how many people voicing against centralization, the fact is that there is not much can be done about it. The network has to be more valuable over time, or it risks more validators shutting down due to higher costs. Currently, each validator is a fully validating node maintaining all block states for verification of future blocks.

Thanks god, we now have data availability layer such as Celestia. Data availability is born exactly to deal with this kind of problem. Now, even light clients can join to secure the network independently. A network can have a lesser number of fully validating nodes, while still able to maintain decentralization by having lots of light clients also contributing to verification. In the case of Terra Classic, top validators already control more than 2/3 voting power. By using DA layer, everyone can spin up light clients to help secure the network against top validators.

What is light client? light client is a type of node that downloads only block headers (a whole lot smaller compared to blocks) from full nodes assuming those full nodes are honest. If those full nodes are dishonest, light client will download invalid block headers. If fraud is detected, light client will have to download all blocks and verify it themselves. Which just makes them another full node. How light clients can verify without downloading all blocks? Celestia solves this with data availability sampling.

What is data availability sampling? let's just say that you are a normal person (light clients). Someone sues you over something you have little knowledge of. What will you do? you consult a lawyer with 20 years of experience (full nodes). And how do you verify that the lawyer is legit? by asking other people (sampling other light clients). If other people confirm that this lawyer is a conman, then you can reject that lawyer and find the real legit one.

And, that is how you can help spin up a light client to secure the network, using DA layer.

[Gacha Galaxy 🟣 | Price Oracle for Collectibles @GachaGalaxyHQ]

Early Engagement Pays Off 💰

Strike early in the Me3 Hype Pool for bonus points! 🌅

Participate in Phase 1 for a +15% point boost, diminishing to 0% by the Last Chance phase.

Every moment counts - the sooner you engage, the greater your potential rewards. Ready to lead the charge? ⏳ #Me3Wallet #EarlyBird #Me3Rewards

[Vinh Nguyen @TheVinhNguyen4]

@frag_dude Told ya, Lunc is better moving slowly but surely, let's others do the experiment

[タマシイ(Tamashi)→気まぐれｸﾘｴｲﾀｰLv3 @tamashi_papa]

I get the impression that people who moved away from Terra Classic and moved to Terra are starting to talk about LUNC again. Considering the topicality and expected value, I guess we can't ignore the Terra Classic chain, which has a large community.

#LUNC #USTC #TerraClassic

[J Feng 🌕 @stablefeng]

Eventually, all things fall into place.

[Terra 🌍 Powered by LUNA 🌕 @terra_money]

Update: About 67% of Terra validators have updated their gas fee parameters to include $USDC and $axlUSDC. To mitigate user fee issues, we'll wait to add the new fee tokens to @StationWallet until 80% of validators have updated.

[AuraStake @AuraStake]

@stablechen 7) N

[AuraStake @AuraStake]

@stablechen 6) E

[Cosmos Labs @cosmoslabs_io]

We're excited to announce our partnership with @StationWallet for building truly seamless omnichain flows

Let's dive in to see the excellent cross-chain functionality @StationWallet uses Skip API to power today, & whats coming next

[Chris Amani @fleece_cannon]

Great to be on. I have wanted to do something like this with @gametheorizing because I thought at the time that his discussion with @ZeMariaMacedo on @bankless was the most honest and enlightening bull vs bear case for @terra_money. I also think its important to reflect on things with both supporters and skeptics. Also, I like their show.

For the @terra_money community, watch all the way through. Tough questions here but fair, especially given that some of these guys were honest/open skeptics before the depeg and we're not treated very well for it.

[Terra 🌍 Powered by LUNA 🌕 @terra_money]

1/ A proposal to match $1M in $LUNA from TFL with 575K $OSMO from the Osmosis Community Pool to establish a deep $LUNA / $OSMO pool on @osmosis has just been posted on the Osmosis gov forum.

Join the discussion on the forum, or keep reading 🧵⤵️

https://t.co/IsxrAFLr6u

[Vinh Nguyen @TheVinhNguyen4]

Terra Classic chain is safe from a high severity Cosmwasm security issue CWA-2023-004.

I want to thank many #LUNC validators for implementing the patch. To other validators, upgrade should be done as soon as possible to protect your delegators.

List of patched validators from Vegas: https://t.co/q1hcFn9fVL

Please contact @VegasMorph to update your validator status

[Greg Osuri 🇺🇸 @gregosuri]

Overclock Labs raised approximately $3.5 million in equity and tokens to launch the Akash Mainnet.

Our biggest competitor at that time raised ten times more with outsized promises but failed to survive the winter.

Many "advisors" urged us to add smart contracts and to capitalize on the "narrative." They called us foolish when we did not comply.

Raising just enough funds kept us hungry as we remained hyper-focused on our mission.

Stay hungry, stay foolish.