- The Terra Luna Traditional group votes to move Proposition 12033.
- The proposal launched by SolidVote LUNC Validator mandates know-your-customer (KYC) steps for all L1 builders.
- With this proposal, the group will make sure the safety and integrity of the blockchain.
In a landmark determination, the LUNC group has permitted Terra Luna Traditional's proposal to require know-your-customer (KYC) procedures for all L1 builders. “Mr.Diamondhandz1”, a distinguished voice within the LUNC group, shared his X put up highlighting vital developments within the ecosystem.
Safety measures launched to Terra Luna Traditional
Beforehand, anybody might anonymously create code for the chain, posing a severe menace to the ecosystem. For instance, malware comparable to Trojan horses can simply be inserted into the chain and compromise and infect a complete community. Permitted proposals be sure that the group blocks unauthorized entries to the chain.
The proposal states the next concerning the goal of the brand new proposal:
This initiative goals to offer the group, buyers, and utility suppliers confidence that the chain isn’t being labored on by a totally nameless growth staff. We assure that authorized recourse is obtainable if essential and particulars can solely be accessed by the right authorized means.
SolidVote LUNC validator proposal 12033
Six months in the past, SolidVote LUNC Validator launched a proposal to require a compulsory KYC course of for anybody aspiring to work on the chain. On February 1, when the proposal was printed, SolidVote LUNC Validator introduced that he had voted for the proposal and inspired others to take part within the voting scheme.
Proposal permitted regardless of sturdy disagreements
Regardless of heated debate, the group in the end handed Proposition 12033, which prioritizes blockchain safety and integrity. Based mostly on 24-hour information, verifiers are divided, with greater than 50% supporting the proposal and 48% in opposition to it. Nevertheless, as soon as the outcomes have been finalized, the proposal handed governance with an “overwhelming 90.5% turnout.”
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