LUNC News: Professor Edward Kim Unveils Terra Luna Classic’s AI Chain “Block Entropy”

Varinder Singh
July 7, 2023
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Terra Luna Classic Core Developer Submits Major Proposal, LUNC to $1?

LUNC News: Terra Luna Classic core developer and professor Edward Kim has unveiled his research on AI app chain “Block Entropy” which will be linked to the Terra Luna Classic blockchain as Interchain Accounts (ICA) get incorporated into the chain. Meanwhile, Edward Kim has launched Block Entropy’s AI Playground to demonstrate the use case of artificial intelligence (AI) and machine learning (ML) on a Terra Cosmos blockchain.

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Terra Luna Classic Developer Edward Kim’s Block Entropy

Edward Kim took to Twitter to reveal his Medium post and research paper on AI and ML-powered verification and consensus in blockchain and the “Block Entropy” AI app blockchain.

Moreover, he announced the launch of Block Entropy‘s AI Playground to explore and test generative AI functions on ML nodes through the Terra Classic blockchain.

In the Medium post, Edward Kim said his team is working to scale a Cosmos blockchain (Terra Luna Classic) for AI and ML applications. It is similar to scaling Ethereum via Layer-2 solution Optimistic and ZK rollups that move computation and data storage off-chain.

“We are developing a custom Cosmos ML module (or smart contract) that governs the interaction, a sequencer node that collects and schedules transactions, and a set of ML nodes that both execute the off-chain ML tasks and monitor other nodes for fraudulent output.”

The major advantage it currently offers to the Terra Luna Classic is LUNC burn through the Block Entropy TestNet faucet. Users need to burn LUNC tokens to obtain Block Entropy testnet tokens with an “entropy” message and enter the transaction hash into the TestNet faucet.

After incorporating Interchain Accounts into Terra Luna Classic by working with Joint L1 Task Force, this testnet will be turned off, switching focus from LUNC burn to utility, as Edward Kim said earlier.

Also Read: Terra Luna Classic Staking Hits ATH, Binance CEO “CZ” As Leader, Bitfinex Re-Listing

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LUNC Price Breaks Key Support

Terra Luna Classic (LUNC) fell below key support amid a recent pullback in the broader crypto market despite Block Entropy news. LUNC price currently trading near the $0.000080 level, down 4% in the last 24 hours. The 24-hour low and high are $0.0000796 and $0.0000849, respectively.

Furthermore, the trading volume has increased slightly in the last 24 hours. According to CoinGape Markets, LUNC price still remains weak.

Also Read: Shiba Inu’s Shytoshi Kusama Confirms Shibarium And Worldpaper Release Date

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.