A vast majority of the Terra (CRYPTO: LUNA) community is opposed to forking the existing blockchain.
What Happened: According to a snapshot of the Revival Plan V2 preliminary vote, 92% of the 5,410 voters were against forming a new blockchain – a suggested fix put forward by Terra founder Do Kwon earlier this week.
See Also: WHAT IS FORKING IN CRYPTOCURRENCY?
As per the new revival plan, Terra will fork its blockchain into two – an old chain called Terra Classic and a new chain called Terra without the algorithmic stablecoin TerraUSD (CRYPTO: UST).
Prior to the official governance vote – which will go live on Thursday – Terra community member “morpheus9” polled users on Terra’s forum to gauge the …
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