The official Terra 2.0 is finally live.
The team generated the first block on the blockchain network by activating Terra 2.0 Phoenix-1 mainnet.
Since launching the ‘new and improved’ blockchain, the team has shared the same with the crypto community. Part of an official statement from Terra reads, “we have officially generated the first block on the new Terra blockchain. It was generated on May 28, 2022, at 06:00 am UTC. Its chain_id is Phoenix-1. We congratulate the LUNA community on this remarkable achievement.”
1/ Block 1 of the brand new Terra blockchain (with a chain_id of “Phoenix-1”) has officially been produced at 06:00 AM UTC on May 28th, 2022!
Congratulations to the #LUNAtic community on this expeditious feat of collaboration
— Terra Powered by LUNA (@terra_money) May 28, 2022
What users should know about wallet balances
The official statement further said the LUNA tokens will now be available on the wallet balances of those eligible for it. Those who
