Terra LUNA & UST in 2022 | LUNA Price Prediction

11,109 Views · Posted 2 years ago
Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins like UST, algorithmically stabilized by its reserve currency Luna, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users.

Terra Luna is the reserve currency of the Terra platform. It has three core functions: i) mine Terra transactions through staking, ii) ensure the price stability of Terra stablecoins and iii) provide incentives for the platform’s blockchain validators.

The Terra protocol runs on a Proof of Stake (PoS) blockchain, whereby miners must stake their Luna in order to mine transactions. All else being equal, a validator who has staked more Luna has a higher chance of generating the next Terra block compared to another validator who has staked less. In essence, Luna represents a validator’s mining power.


4 Terra Luna Projects Ready to Explode
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https://www.altcoinbuzz.io/top-article/the-ultimate-guide-about-terra-blockchain/

⏱️ TIMESTAMPS
0:00 Terra Luna
1:00 Project Features
5:27 Terra Station Wallet
6:16 The Team
6:37 Terra Ecosystem
7:05 Recent Developments
8:22 Token Analysis
8:49 Risks
10:14 LUNA Price Prediction
11:02 Final Thoughts on Terra


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