Day: May 18, 2022

[ad_1] Advertisment The Terra debacle could also have legal consequences for company leader Do Kwon. Kwon can no longer expect any support from Terraform’s legal team, which is resigning. Three leaders on the legal team at Terraform Labs, the blockchain developer behind Terra (LUNA), are stepping down from their posts. A look at their LinkedIn profiles shows this. The background is likely to be the ongoing chaos surrounding the Terra

[ad_1] Advertisment Terra co-founder Do Kwon wants to push the reset button for the blockchain with a hard fork. However, a veto against the rescue plan is emerging among the majority. With 92 percent voting against, a clear majority of the Terra community is emerging against Do Kwon’s plan.The Terra co-founder had put a rescue plan for the ecosystem to a vote on May 16.The “Revival Plan 2” envisions a