2024-02-11
Terra Luna Classic community passes
majority voting (90.5% support) for proposal 12033 that requires developers to
complete KYC identity verification.
Previously anyone could create a code
without the need to show their identity. Anyone could attack the chain through
malicious software or other forms of attacking. Attackers’ names were unknown.
All layer 1 developers of Terra Luna
Classic now require to do KYC to a third party provider in order to create codes on Terra Luna Classic blockchain.
According to a post on X developers
will remain anonymous but they need to send their information to a third party
in order to track their identity. The supporters of this proposal want LUNC
developers to be accountable and honest to provide protection from malicious
threat actors.
