New Luna 2.0 blockchain will not be a fork of Luna Classic

Terraform Labs person confirmed that the caller Luna 2.0 blockchain merchandise connected May 27 volition not stock immoderate past with Luna Classic.

An authoritative announcement has clarified that the caller concatenation shall beryllium a “brand caller blockchain… starting from genesis artifact 0 that volition not stock past with Terra Classic.”

The enactment clarified that,

“A (hard) fork refers to a alteration successful a blockchain protocol that results successful 2 blockchains – 1 that follows the erstwhile protocol & 1 that follows the caller version. The caller concatenation shares each of its erstwhile past with the original.”

However, the caller Terra blockchain volition beryllium “the genesis of a caller blockchain” if the ballot passes. Currently, the ballot has achieved a quorum and surpassed the 50% walk threshold without gathering the veto bounds of 33%.

On May 25 astatine 12:17 p.m. GMT, the ballot volition end, and the way to Luna 2.0 volition begin. However, a superior interest astatine this constituent has to beryllium whether Terraform Labs tin execute the proposal. Two important proposals person passed successful the past 7 days but failed to execute owed to method issues.

Will determination beryllium a method contented with implementing prop 1623? It is improbable arsenic a caller blockchain is being created. However, the past fewer weeks person taught america that thing is imaginable successful the Terra Luna fiasco.

Not a fork

Terra has immoderate important hurdles to flooded since a caller blockchain is being created from artifact 0. For instance, “DApps oregon assets from the aged concatenation (Terra Classic) volition not pre-exist connected Terra (as they would successful a fork), & volition truthful request to migrate.”

The request to migrate means that immoderate Terra task that announced they would enactment the caller concatenation volition person to determine whether to proceed supporting their dApp connected Luna Classic and Luna 2.0 oregon wantonness 1 for the other. Indeed, nary dApps volition beryllium unrecorded connected Luna 2.0 astatine motorboat arsenic determination volition beryllium enactment to beryllium done to migrate the codebase implicit to the caller chain.

Controversially, the further contention comes from FatManTerra’s response, stating,

“It’s not technically a fork, but that’s too the point. Why did you manipulate the governance ballot into pushing it through? Why not person a existent vote? Why are you strong-arming builders into supporting it erstwhile they don’t privation to?”

The statement is supported by the information that Luna Foundation Guard bought 221 cardinal LUNA and staked it crossed validators connected May 12. This gave LFG a bulk successful the governance ballot to guarantee immoderate connection they supported would pass.

Given that these voters were “staked crossed a scope of validators,” it is unclear whether LFG utilized these votes oregon delegated the votes to the validators themselves.

The ambivalence of the concern continued arsenic different commenter besides noted that Do Kwon himself  utilized “fork” connection successful describing the caller blockchain,

TFL: Stop calling it a fork

My antheral you virtually started it#Luna #Terra https://t.co/DseOy3yoIl pic.twitter.com/0etsGTEoaF

— Oliver Barsby (@OliverBarsby) May 23, 2022