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Will Chen
16.5K posts
Will Chen
@stablechen
AI R&D @IdyllicLabs, prev: dev rels @terra_money, head of R&D for wasm devx @cosmology_tech & @terran_one, @ucberkeley ('19 dropout)
The community is deciding on a new @terra_money, between restoring a snapshot prior to attack, removing TFL, fully collateralizing UST and drafting & deliberating new mechanisms for $LUNA. We must salvage the remaining value in the ecosystem & community and rebuild the right way- Status update: a grassroots movement from a consortium of @terra_money developers is rallying support for restoring the ecosystem & L1, This time with actual decentralized ownership by its users, not TFL. If you're a Terra developer interested in joining the movement, DM me.
- I just realized @terra_money v2 is NOT a "fork". It's a brand new network, with fresh state, no market, treasury, oracle modules and WASM state. Terra Classic will probably burn $LUNC, and the rebirthed Terra provides a positive future for $LUNA.
- We need to make $UST holders whole. We need a new network without $UST. We need to keep @terra_money devs. We need a new direction for $LUNA.
- Last week, @terra_money underwent a devastating attack, but they underestimate the resilience and unity of the #LUNAtics family. Rebuilding from a fresh start won't be easy and needs all of our support. Count us in. @realTerranOne and @scv_security reporting for duty ser!Replying to @stablekwon10/ Call to action: we encourage Terra developers to signal support & commit to build on the fork on public channels ASAP.
- Even without a "decentralized" stablecoin $UST, $1000 $LUNA and charismatic psychopath @stablekwon, the @terra_money ecosystem still has the best developer tooling and largest community of @CosmWasm builders. Awaiting the community decision on a new path without Terraform Labs.
- The ambition and solidarity borne out of collective pain of the @terra_money depeg, decentralized coordination by a grassroots movement of volunteer devs is a unique phenomenon in crypto; can't think of anything else quite like the $LUNC community. This has changed my mind.
- I invested around 3.5 years of my life in the @terra_money ecosystem, working on dev resources and helping others start projects in the space. Though my livelihood is destroyed, I don't regret the time I spent so deeply involved in this community, and the amazing friends I made.
- Whatever the decision of the @terra_money community is on how to rebuild, recover, and heal - @realTerranOne will back to its fullest. We're sticking to our original plan of dev tooling products for Terran builders, as well as the greater @cosmos ecosystem. In Solidarity, Will
- Community war room of composed of validators in session with a mission to do the impossible - revive @terra_money with a plan. Have never seen a more vivid display of compassion, focus, and mixed into one discussion. A new path forward for the blockchain's future underway.
- The #LUNAtics are the craziest bunch of people - passionate, resilient, and just full of amazing ideas on how to survive this tragedy together. Very optimistic about the future of @terra_money - wait for the dust to settle before you make a permanent decision. Life > Money
- Ugh I just wanted to sit at my computer, eat ramen and work on dev tools with @sklivvz and the @realTerranOne gang -.- The @terra_money ecosystem can be salvaged -- not everyone will be happy but something is better than nothing. The proposal will be up on Agora soon. #FDK
