Terra Luna Isn't Dead Yet? — Meet the Diehards Still Building on the Chain Do Kwon Left Behind
67d ago · 1 source
Despite Do Kwon's legal troubles and the catastrophic collapse of Terra Luna in 2022, a group of dedicated community members and developers continue to build on and support the original Terra Luna blockchain. These loyalists remain committed to the project even as its founder has moved on and faces criminal charges.
WHY IT MATTERS
Imagine a company whose CEO was arrested for fraud and whose main product spectacularly failed, losing billions of dollars. Now imagine a group of employees and fans deciding to keep running the company anyway, without the CEO. That's essentially what's happening with Terra Luna. In crypto, blockchains can technically keep running even if the person who created them walks away or gets arrested, because they're maintained by a network of computers rather than one central authority. These holdouts believe the technology still has value, even though most of the crypto world has moved on. For newcomers, this is a reminder that crypto projects can outlive their founders — but that doesn't necessarily mean they'll thrive.
Read the full analysis with a CryptoBipto membership
Create a free account and subscribe to unlock deep-dive analysis on every story.
Get startedSOURCES
RELATED
Educational only — not financial advice.