I haven't read anything about it yet but I wonder if they fixed the main problems that caused their demise
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I haven't read anything about it yet but I wonder if they fixed the main problems that caused their demise
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Well, we can be sure that centralization was not eliminated, but rather it was reinforced.
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You can find information about the Terra Ecosystem Revival Plan 2 from the link above. There are also user comments on the same page.
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Yea I don't see anything about how they won't have anything similar happening again.
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UST was their main problem and they discontinued it, but also.. That was one of their main attractions as well.
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Good point, the algorithm stability different from USDT was what caught the attention, without that the new moon will be just another coin out of the 20K+ that are now out there.
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haha, absolutely and there really are 20k now, crazy, I expect to see some consolidation of projects this year, but who knows.
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Well, with this massive and prolonged fall, valuable projects are being brought to light and those that are smoke and distractions will disappear, for example luna.
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Absolutely! Luna is the Enron of crypto right now. Shock waves are slowing down though.
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Until they form a super nova that consumes itself? haha because I think it will happen.
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Good points
THey Jetisoned UST
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Although it may seem to be the main problem, in truth it is a list of many.
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