Terra Luna Classic’s core developer, Joint L1 Task Force (L1TF), has unveiled its Q4 development and maintenance plan for the blockchain. However, the community has raised concerns and criticism regarding the approach taken by L1TF for Q4, especially in light of the technical issues that impacted DApps and projects in Q3.
Terra Luna L1TF’s Q4 Proposal
L1TF developer Vinh Nguyen, in a post on September 17, provided insights into the L1 Task Force’s Q4 proposal. Surprisingly, the team’s plan for Q4 primarily revolves around maintenance activities, addressing technical issues, and implementing improvement proposals.
Notably, the team consists of only three developers, namely Vinh, Gevik, and Inon Man. The absence of significant upgrades or major developments has drawn criticism from the Terra Luna Classic community.
Terra Luna Community Concerns
While the community acknowledges and appreciates L1TF’s willingness to work for free in Q4, they vehemently disagree with the proposed plan. Moreover, community members express concerns about the team’s size and advocate for the inclusion of new developers or the replacement of existing ones.
The Joint L1 Task Force acknowledges the presence of technical debts accumulated from previous upgrades, necessitating dedicated time for maintenance. In an effort to achieve parity quickly, the team prioritized speed over layer 2 compatibility, resulting in several broken DApps and tools.
L1TF’s Focus Areas
The Q4 plan outlined by L1TF centers around establishing a stable Layer 1 infrastructure, along with a user-friendly Terra Classic smart contract development libraries. Moreover, the team’s primary focus will be on addressing L1 technical issues, updating critical DApps on Terra Classic, and fostering collaboration with other infrastructure teams.
Additionally, L1TF commits to providing reports on any improvement proposals that may pose risks and cannot be implemented. The team will exclusively adhere to these L1 proposals.
Budget and Cost
For Q4, L1TF has allocated a total budget of $9,000, equivalent to 160 million LUNC tokens. Given the team’s voluntary work during the quarter, the total cost includes discretionary computing expenses for three months.
LUNC Price and Trading Activity
At present, the LUNC token is trading at $0.000058, reflecting a nearly 0.50% increase in the past 24 hours. However, trading volume has decreased in the previous week and appears to continue this trend in the current week.
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