on May 27, the team of the scandalous Terra project will restart the ecosystem

The Terra project team has announced the upcoming restart of the ecosystem called Terra 2.0, and the largest cryptocurrency platforms have already declared their readiness to contribute to the network’s recovery and confirmed that they will start listing the token.

According to the Terra team, a new blockchain based on the Terra network will be launched tomorrow, but it will not include the algorithmic stablecoin TerraUSD (UST). The token of the old network will be called Terra Classic, and the new token will retain the old name TERRA (LUNA). The project team has confirmed that the changes to the Terra Core code have already been released and the code has been verified by SCV Security.

Few people believe in the successful future of Terra 2.0. For example, Zach Guzman, a crypto journalist for Yahoo Finance and CNBC, tweeted about it: «One of the most interesting and least understood aspects of crypto projects is giving value to the phrase 'project community'. „Community“ can mean many things: developers, validators, users, founding team, etc. The launch of the new Terra network will be the biggest market test for the cryptocurrency industry in its history.»

As a reminder, this week a vote was held to fork the old Terra ecosystem.