- Edward Kim, Terra Luna Classic core developer, introduces Block Entropy, an AI app chain aiming to enhance utility in the blockchain network.
- Amid these advancements, Terra Luna Classic’s native token, LUNC, experiences a slight downturn in the broader crypto market.
Block Entropy: Powering Terra Luna Classic with AI
Core developer of Terra Luna Classic, Professor Edward Kim, has recently unveiled his cutting-edge research, “Block Entropy.” This new venture seeks to harness artificial intelligence (AI) and machine learning (ML) capabilities in the context of a Terra Cosmos blockchain, demonstrating this through the Block Entropy’s AI Playground.
On the forefront of blockchain development, Kim took to Twitter to share his Medium post and research paper on AI and ML-enabled verification and consensus in the blockchain world, drawing attention to Block Entropy, the AI app blockchain.
Kim shed light on his team’s efforts to scale a Cosmos blockchain (Terra Luna Classic) for AI and ML applications, which resembles scaling Ethereum through layer-2 solutions like Optimistic and ZK rollups. Such methods shift computation and data storage off-chain. The team is working on a custom Cosmos ML module, or smart contract, which dictates interactions, as well as a sequencer node to collect and schedule transactions.
From LUNC Burn to Utility: Block Entropy’s Impact on Terra Luna Classic
Kim’s unveiling of Block Entropy comes with the introduction of a testnet faucet, allowing users to burn LUNC tokens and receive Block Entropy testnet tokens. Users accomplish this by generating an “entropy” message and entering the transaction hash into the TestNet faucet.
Post incorporation of Interchain Accounts into Terra Luna Classic through collaboration with the Joint L1 Task Force, the testnet will be deactivated, shifting the focus from LUNC burn to increased utility, according to Kim.
Market Dynamics Amid Block Entropy Launch
Despite these exciting advancements, Terra Luna Classic’s native token, LUNC, fell below crucial support amid a broader crypto market downturn. Currently, LUNC trades near the $0.000080 level, experiencing a 4% decrease in the past 24 hours, with a trading volume that has marginally risen in the same timeframe.
In this continually evolving landscape, Terra Luna Classic’s introduction of AI and ML technologies is set to make significant waves. With the arrival of Block Entropy, a new era of blockchain development beckons, bringing in a fusion of advanced AI capabilities and the intricate world of blockchain.