LUNC News: Terra Luna Classic L1TF Announces Partnership For Station And Finder Development

LUNC News: Terra Luna Classic Joint L1 Task Force (L1TF) collaborates with Hexxagon for Station, Finder, and web extension development.
By Varinder Singh
Terra Luna Classic Core Developer Submits Major Proposal, LUNC to $1?

LUNC News: Terra Luna Classic core developer Joint L1 Task Force (L1TF) on Friday said it has collaborated with Hexxagon, a validator and a team of developers. The community has mixed reactions about the collaboration due to Hexxagon having links to the developer group Terra Rebels, which the community doesn’t trust.

Advertisement
Advertisement

Terra Luna Classic L1TF Partners Hexxagon

Joint L! Task Force lead Vinh Nguyen on July 28 announced a collaboration with validator Hexxagon. He said the partnership aims will increase security for the community-owned Station, Finder, and web wallet extension.

With Proposal 11645 to build a community-owned wallet passed, L1TF is tasked with building the wallet from funds it received from the community pool.

According to the GitHub document, both teams will operate in the same account owned by the Joint L1 Task Force. The alliance will be called Terra Classic Task Force and professor Edward Kim will have the authority of “terraclassic.community” domain.

Hexxagon will develop Station, Finder, and wallet web extension, as well as related dependent packages. Also, Hexxagon members will be responsible for maintenance and infrastructure. L1TF will assist, conduct assessments, review, and check all pull requests to the Station, Finder, and web extension.

Hexxagon will have a manager and will work directly with the Joint L1 Task Force manager, independently managing without interfering another team. A multi-sig wallet will secure funds, requiring signatures of at least 2 members from each team. Proposals will only be submitted by L1TF manager.

Also Read: Bitcoin Retraces As Crypto Market Braces For Expiry; BOJ Adjusts Yield Curve Control

Advertisement
Advertisement

LUNC Community’s Response On the News

The community showed mixed reactions as Hexxagon members are ex-Terra Rebels. Popular members such as Alex Forshaw,  and Happy Catty Crypto are completely against it, saying “The same leader of Terra Rebels is the leader of Hexxagon” and the deal was done without submitting a proposal.

Meanwhile, former L1TF member Fragwerdig and other community members such as JESUSisLORD, Rajia.Bibi, and Vegas support the partnership.

LUNC price trades at $0.000082, moving sideways in the past 24 hours. The 24-hour low and high are $0.0000803 and $0.0000824, respectively.

Also Read: Prominent XRP Attorney Withdraws From Ripple Vs US SEC Lawsuit

Advertisement
Varinder Singh
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.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
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.