What if after that court case, those money were recovered ($4B) or maybe half of it, and the Terraform labs team decided to use it and burn down $LUNC gradually back to 400M circulating supply in 2 months? ๐ญ๐คฃ
MICHAEL SAYLOR CONFIRMS HE WILL DESTROY HIS KEYS HOLDING OVER 17,000 BITCOIN, VALUED AT 1.3 BILLION DOLLARS.
"I BELIEVE IN SATOSHI AND HIS VISION. IF I BURN THE KEYS, I'LL MAKE EVERYONE ON THE NETWORK RICHER AND MORE POWERFUL. THAT IS MY LEGACY."
Cryptocurrency loss claims are still being processed. Those affected by the LUNA/UST crash will receive their payments. This will be a very important development for $LUNC and $USTC. The vast majority of these payments will be used by investors to purchase LUNC and USTC.
#LUNC #LUNA #UST #USTC
Breaking: @LayerTwoLabs + eCash .com have raised $5 million, to [1] further our mission of "Making every transaction a Bitcoin txn", and [2] launch a new BTC-fork this August.
We must rescue Bitcoin from its crisis of complacency and derangement.
Our ideas are cutting-edge -- so they are often misunderstood.
But actually -- they are quite popular (especially among OG Bitcoiners). You can look at: our podcast interviews, the Wednesday X spaces, the endorsements on the site -- real people love us. The only haters are bot farms -- and sheep who are easily misled.
Unfortunately, Bitcoin is going through an era of great ignorance and cowardice (see "Derangements" below).
That is why it is so important to fight back!
Unfortunately, BTC culture has stopped being honest with itself
For example, a clear test is: will people admit that lightning is not going to work? Even today in 2026, most people cannot.
The earlier a lie is caught, the less damage it can do -- who knows if BTC can even be saved at this point?
~50 other lies: https://t.co/cBgdRgAYTl
BREAKING: New Bitcoin Fork
I am helping create a **new Bitcoin Hardfork** -- dropping this August, called "eCash".
- Your coins will split. For example, if you have 4.19 BTC, then you will get 4.19 eCash.
- You may sell your eCash -- or keep it. Or ignore it!
Vegas:
- Yes, I will be in Vegas next week.
- No, I won't mention this, on stage -- (that would be rude).
Our L1 Node...
- is a near-copy of Bitcoin Core.
- is Sha256d mined.
- forks via a one-time difficulty-reset -- to its minimum value. (So, mining will be crazy at first.)
- Yes, we will change the seed nodes, the name, the network magic, etc.
Codewise, the L1 will remain compatible with Bitcoin Core:
- We will continue to merge their changes (even the bad ones).
- The L1 will activate Bip300/301 via CUSF -- the core untouched soft fork. So, no lines of code will be changed, on the L1.
- The activation client will be published periodically (link below).
- We will do several bug bounty contests this summer.
- The client will be frozen 30 days prior to the fork.
Yes, there will be Drivechains:
- We have 7 in developement right now.
- Users can also submit their own.
- Drivechain is a vision of "competing L2s" -- this avoids the "dev capture" problem.
- These L2s are all Merged Mined. Miners automatically get free $.
- Our L2s are already capable of planetary scale, and onboarding 8 billion users.
- We also have a zCash-like L2, with strong privacy.
- Other L2s: Truthcoin (Prediction Markets), CoinShift (Decentralized Exchange), BitAssets (NFT etc), BitNames (Identity), Photon (Quantum Resistant).
Unlike BCH (the 2017 fork):
- There is no "Bitcoin" in the name. New name, new brand.
- You are getting advanced warning (4 months).
- We are replaying all txns (at first). We will release a coin-splitter tool.
- This is a permanent & sustainable fix to Bitcoin's problems (instead of a 1 MB to 8 MB temporary fix).
- Back in 2017, the BTC tech stack was strong, and expectations for Lightning were strong. Today, it is the reverse.
Video to follow.
LUNC continues to gain strength above $0.00007. With the efforts of the Terra Classic community, $LUNC could once again initiate a strong upward movement.
#TerraClassic#LUNC#MM2
$LUNC is showing a strong bullish breakout on the 1D chart, surging vertically to $0.00007282 (+0.98%) .The broader crypto market is also solidly in the green with total market cap at $2.24T (+2.28%), though sentiment remains in Fear (23 on the Fear & Greed index). $lunc #lunc
@Truthcoin If I wanted to take advantage of CPU mining of eCash, while that window is open, can I find those tools in the website? Or are they not yet available?