LUNC News: Developer Edward Kim Hints At Terra Luna Classic Becoming AI Chain

Terra Luna Classic (LUNC) core developer starts working on AI and ML applications on Cosmos interchain block communication.
By Varinder Singh
March 21, 2023 Updated March 30, 2023
Terra Luna Classic lunc USTC

The Terra Luna Classic community speculates whether the LUNC is becoming an AI chain as core developer Edward Kim hints at introducing artificial intelligence (AI) and machine learning (ML) solutions on the chain. Edward Kim is one of the few key people behind the Terra Classic revival and key proposals such as the burn tax. He is also a senior developer in the Joint Layer 1 Task Force group and director of the Terra Grants Foundation (TGF).

Edward Kim, in a new post on Medium, disclosed that he is working on a “Cosmos Proof-of-Stake (PoS) machine learning application-specific chain (app chain) that decentralizes the power of AI.” He believes the Terra Luna Classic chain prepares to bring back utility as the chain will now upgrade with the latest cosmos and wasm support, as part of the Terra Classic Revival Roadmap.

advertisement

With Cosmos-powered interchain block communication (IBC) providing better scalability, security, and customization, it will enhance the utility of the ecosystem. LUNC users will have access to a suite of the latest machine learning advancements after working compatibility with Cosmos and Tendermint ecosystem for dApps and project support on the Terra Classic blockchain.

Terra Luna Classic Development Plan For the Next 3-6 Months

Edward Kim along with the Joint L1 Task Force and groups behind USTC revival will work on the plan for the next 3-6 months. The next steps include building the ML Cosmos App Chain for beta release, consensus on eXperimental team to work on USTC, funding L1 team in Q2 to upgrade Cosmwasm and IBC Interchain Accounts.

During the development with AI and ML, Edward Kim will pass TGF operations to Marco. The work involves gaining consensus from the community on legal representation.

Terra Luna Classic price is trading at $0.0001273, down 2% in the last 24 hours. The 24-hour low and high are $0.000123 and $0.000129, respectively.

Also Read: Top 5 Metaverse Tokens To Add To Your Portfolio

Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Next Story