terra luna prediction Archives - Top Crypto Game https://topcryptogame.com/tag/terra-luna-prediction/ The latest crypto news! Wed, 20 Apr 2022 20:45:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://topcryptogame.com/wp-content/uploads/2022/01/cropped-favicon-32x32.png terra luna prediction Archives - Top Crypto Game https://topcryptogame.com/tag/terra-luna-prediction/ 32 32 Terra LUNA & UST in 2022 | LUNA Price Prediction https://topcryptogame.com/terra-luna-ust-in-2022-luna-price-prediction/ https://topcryptogame.com/terra-luna-ust-in-2022-luna-price-prediction/#respond Wed, 20 Apr 2022 20:45:20 +0000 https://topcryptogame.com/terra-luna-ust-in-2022-luna-price-prediction/ 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 […]

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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.

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5:27 Terra Station Wallet
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11:02 Final Thoughts on Terra

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