Cryptocurrency Q&A
What blockchain is luna classic on?
What blockchain is luna classic on?
Ilaria
Mon Jul 22 2024
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5 answers
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Excuse me, as a crypto enthusiast, I'm curious about the technical foundations of various digital assets. Could you please elaborate on the blockchain technology that Luna Classic is built upon? I'm particularly interested in understanding the choice of blockchain and how it contributes to the unique features and functionalities of Luna Classic. Your insights would be invaluable for my further understanding of this intriguing cryptocurrency.
5 answers
HanRiverWave
Wed Jul 24 2024
Along with the renaming of the blockchain, the original LUNA token has also undergone a change. It is now known as LUNA Classic, or LUNC, representing a distinction from its successor.
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CryptoBaroness
Wed Jul 24 2024
The original blockchain has undergone a significant transition, now being referred to as Terra Classic. This shift reflects the evolution of the network and its associated assets.
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KDramaLegendary
Tue Jul 23 2024
The new LUNA coin, on the other hand, has gained the moniker "Terra 2.0" from investors. This nomenclature signifies its role as a next-generation version of the original LUNA token.
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Martina
Tue Jul 23 2024
Despite the enthusiasm surrounding Terra 2.0, it has faced challenges in maintaining its valuation. In the opening days of its listing on various cryptocurrency exchanges, the new LUNA coin lost significant value.
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WhisperEcho
Tue Jul 23 2024
This fluctuation in price highlights the volatility that is inherent in the cryptocurrency market. Investors must remain vigilant and informed when trading in these digital assets.
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