LUNC News: Terra Luna Classic core developer and professor Edward Kim has unveiled his research on AI app chain “Block Entropy” which will be linked to the Terra Luna Classic blockchain as Interchain Accounts (ICA) get incorporated into the chain. Meanwhile, Edward Kim has launched Block Entropy’s AI Playground to demonstrate the use case of artificial intelligence (AI) and machine learning (ML) on a Terra Cosmos blockchain.
Terra Luna Classic Developer Edward Kim’s Block Entropy
Edward Kim took to Twitter to reveal his Medium post and research paper on AI and ML-powered verification and consensus in blockchain and the “Block Entropy” AI app blockchain.
Moreover, he announced the launch of Block Entropy‘s AI Playground to explore and test generative AI functions on ML nodes through the Terra Classic blockchain.
In the Medium post, Edward Kim said his team is working to scale a Cosmos blockchain (Terra Luna Classic) for AI and ML applications. It is similar to scaling Ethereum via Layer-2 solution Optimistic and ZK rollups that move computation and data storage off-chain.
“We are developing a custom Cosmos ML module (or smart contract) that governs the interaction, a sequencer node that collects and schedules transactions, and a set of ML nodes that both execute the off-chain ML tasks and monitor other nodes for fraudulent output.”
The major advantage it currently offers to the Terra Luna Classic is LUNC burn through the Block Entropy TestNet faucet. Users need to burn LUNC tokens to obtain Block Entropy testnet tokens with an “entropy” message and enter the transaction hash into the TestNet faucet.
After incorporating Interchain Accounts into Terra Luna Classic by working with Joint L1 Task Force, this testnet will be turned off, switching focus from LUNC burn to utility, as Edward Kim said earlier.
I am retiring the name “rexx” and will be working on the @BlockEntropy team with @edk208 going forward.
— Fatal | Entropy (@ntroFatal) July 6, 2023
Also Read: Terra Luna Classic Staking Hits ATH, Binance CEO “CZ” As Leader, Bitfinex Re-Listing
LUNC Price Breaks Key Support
Terra Luna Classic (LUNC) fell below key support amid a recent pullback in the broader crypto market despite Block Entropy news. LUNC price currently trading near the $0.000080 level, down 4% in the last 24 hours. The 24-hour low and high are $0.0000796 and $0.0000849, respectively.
Furthermore, the trading volume has increased slightly in the last 24 hours. According to CoinGape Markets, LUNC price still remains weak.
Also Read: Shiba Inu’s Shytoshi Kusama Confirms Shibarium And Worldpaper Release Date
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