Cryptocurrency Q&A
When was Terra Classic launched?
When was Terra Classic launched?
Bianca
Sun Oct 27 2024
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1 answers
81
Terra Classic was launched after the collapse of the original Terra chain and the announcement of the Terra ecosystem revitalization plan, which aimed to create a new Terra chain without algorithmic stablecoins. This transition occurred in May 2022, following the approval of Proposal 1623.
1 answers
CryptoPioneer
Tue Oct 29 2024
This marked a significant milestone for the project, as it transitioned from a theoretical concept to a fully operational blockchain network.
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