Terra Blockchain Officially Frozen Over Fears of Governance Attack, Native LUNA Token Remains Down

Tags: access and identity management(2)
Developers of the Terra blockchain are concerned that the network could be victim of a governance attack. The LUNA token, that fell in value by nearly 99 percent over the week, serves as the governance token of Terra. If one entity purchases over 50 percent of this LUNA token’s supply, this entity will be able to alter the protocol. To avoid this, all transactions o...

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