How does Luna Terra work?

The Terra protocol works as a distributed ledger that is maintained by validators on the network . The validators work under DPoS algorithm and vote on blocks, thus earning LUNA tokens as rewards. Terra miners play an instrumental role in security by participating in the PoS consensus mechanism.

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Is Luna crypto good?

Investors have been bullish about the cryptocurrency, with many seeing this reserve as a way to reduce volatility in Terra’s platform. Since then, LUNA is ranked seventh among the top cryptocurrencies by market value , overtaking Solana (SOL) and Cardano (ADA).3 gün önce

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Where is Luna crypto traded?

Go to CoinMarketCap and search for Luna Coin. Tap on the button labeled “Market” near the price chart . In this view, you will see a complete list of places you can purchase Luna Coin as well as the currencies you can use to obtain it. Under “Pairs” you’ll see the shorthand for Luna Coin, LUNA, plus a second currency.

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