LUNA 2.0 operates via a proof-of-stake (PoS) consensus mechanism, with 130 validators participating in network consensus at a given time.

The voting power of these validators is determined by the amount of LUNA 2.0 tied to each node. Grants are rewarded by gas fees and a 7% fixed annual LUNA 2.0 inflation rate.

LUNA 2.0 token holders can participate in consensus by delegating tokens to a validator. The rewards for delegates vary depending on the voting power of their chosen validator.

Terra Classic and LUNA 2.0, while originating from the same root, follow distinct paths.

LUNA 2.0, as the new version, focuses on new decentralized applications (dApps), development efforts, and overall utility. It does not, however, include an algorithmic stablecoin. LUNA Classic, on the other hand, retains sizable traits of the old chain despite the split.

In conclusion, separating into LUNA Classic and LUNA 2.0 is a critical chapter in Terra’s story. It represents a technical split and a community support and development focus bifurcation.

As both chains evolve, the crypto world will watch the outcomes, their implications for Terraform Labs, and the broader lessons for blockchain technology and decentralized finance.

Define Objectives: Clearly outline the purpose of the dashboard. Determine if it's for internal monitoring, investor presentations, or market analysis. This will guide the selection of relevant metrics and visualizations.

Identify Key Metrics: Determine the essential metrics for tracking the growth and activity within the Terra blockchain ecosystem. Key metrics may include:

Daily transaction volume. Daily active users. Daily or weekly new user registrations. Total transaction volume. Geographic distribution of users (if available). Select Data Sources: Identify reliable and accurate data sources to gather the required information. Sources may involve direct blockchain data extraction from Terra or third-party services providing blockchain analytics.

Data Collection and Processing: Develop a process to collect daily data from selected sources. This could involve APIs, data extraction scripts, or integration with blockchain analytics tools.

Data Storage: Establish a structured database or storage system to organize and store the collected data effectively.

Dashboard Creation: Utilize data visualization tools such as Tableau, Power BI, Google Data Studio, or specific blockchain analytics tools to create the dashboard. Design charts, tables, and metrics that are clear, concise, and easy to interpret.

Automation and Updates: Configure the system to update data automatically every day to ensure the dashboard reflects the most recent information.

Testing and Adjustments: Conduct tests to ensure the dashboard functions correctly and accurately displays information. Make adjustments as necessary to enhance clarity and utility.

Implementation and Usage: Once the dashboard is ready, share it with relevant stakeholders and ensure they understand how to interpret the data. Gather feedback for future improvements.

By following this methodology, you can develop an analytical dashboard that effectively monitors the evolution of the Terra blockchain ecosystem, allowing detailed tracking of daily blockchain activity, transactions, active users, and new network participants.

User puedes mirar la evolucion de un blockchain de manera que veamos sus actividades diarias y las transacciones. tambien debemos ver los usuarios activos y los nuevos que se peresenta. hacer una metodologia en ingles de todo esto ChatGPT Certainly! Here's a methodology in English to track the evolution of a blockchain by observing its daily activities, transactions, active users, and new user registrations:

Define Objectives: Clearly outline the goals of monitoring the blockchain. Determine whether the focus is on assessing growth, identifying trends, or understanding user behavior within the network.

Identify Key Metrics: Define the critical metrics necessary for tracking the blockchain's daily activities and user engagement:

Daily Transactions: Measure the number and volume of transactions processed by the blockchain network each day. Active Users: Track the number of users actively engaging with the blockchain on a daily basis. New User Registrations: Monitor the count of new users joining the blockchain network daily. Select Data Sources: Identify and access reliable data sources that provide information on blockchain transactions, user activity, and new registrations. Utilize blockchain explorers, APIs, or network-specific data analytics tools.

Data Collection and Processing: Develop a process to collect data related to daily transactions, user activity, and new registrations from the selected sources. Utilize automated data extraction methods or APIs to streamline the collection process.

Data Storage: Organize and store the collected data in a structured format, ensuring it's easily accessible for analysis and reporting purposes.

Data Analysis and Visualization: Utilize data analytics tools such as Tableau, Power BI, or Python libraries (e.g., Pandas, Matplotlib) to analyze the collected data. Create visualizations such as line charts, bar graphs, or heatmaps to illustrate the daily evolution of transactions, active users, and new registrations.

Automate Updates: Set up an automated system to fetch and update data regularly, ensuring the dashboard or reporting mechanisms reflect real-time or daily changes within the blockchain ecosystem.

Performance Monitoring: Continuously monitor the accuracy and reliability of the collected data. Regularly review the metrics and visualizations to ensure they accurately represent the current state of the blockchain network.

Reporting and Communication: Share insights gained from the data analysis with relevant stakeholders or team members. Communicate trends, patterns, or anomalies observed in the blockchain's activities and user behavior.

By following this methodology, you can effectively track the daily evolution of a blockchain network, observe its transactional activities, monitor user engagement, and assess the influx of new users into the ecosystem.

Over the course of the last month, the blockchain ecosystem has experienced a significant surge in activity, marked notably by a substantial increase in daily transactions. Beginning at a baseline of 50,000 daily transactions, the network has seen a remarkable surge, now boasting over 80,000 transactions processed each day. An examination of user activity within the blockchain ecosystem over the recent period reveals a dynamic trend characterized by fluctuations in daily user numbers. Despite witnessing several intermittent peaks, the overall growth in user participation has remained relatively constrained within a range spanning from 2,000 to 6,000 daily active users. The influx of new users into the blockchain ecosystem has experienced a noteworthy surge over the past month. Initially starting at a modest 100 daily new users, the figures quickly escalated, surpassing the 200 mark and reaching an astonishing peak of over 2,000 new users on November 17th.

An insightful analysis of transactional behavior within the Terra ecosystem reveals an intriguing trend. The bulk of transactions are predominantly driven by regular users who actively engage with the network. However, an interesting observation emerges as a considerable portion of these transactions are attributed to Centralized Exchanges (CEXs), outnumbering the transactional volume observed in Decentralized Exchanges (DEXs). This dominance of regular users in transactional activities signifies an active and engaged user base, demonstrating consistent involvement in utilizing the Terra blockchain for various purposes, including decentralized applications or value transfers within the ecosystem.

The noteworthy revelation lies in the sizeable contribution from CEXs, which account for a significantly higher volume of transactions compared to their counterparts in the DEX realm. This inclination towards CEXs in transactional engagement might suggest factors such as ease of access, liquidity, or other user-centric functionalities offered by these centralized platforms.

A similar trend is evident when examining active user counts, wherein regular users comprise a substantial portion of the active user base. Yet, the prevalence of engagement from CEXs seems to overshadow the activity witnessed on DEX platforms, reflecting a preference or reliance on centralized exchange services among users interacting within the Terra ecosystem.

The analysis of the Terra blockchain ecosystem reveals a multifaceted landscape marked by notable trends and patterns. Over the past period, the ecosystem has witnessed significant growth and engagement across various facets, presenting a nuanced understanding of user behavior and transactional dynamics.

The surge in daily transactions, escalating from 50,000 to over 80,000, and accumulating to a remarkable 1.75 million transactions in November, signifies an escalating pace of activity within the network. This surge showcases the network's robustness and scalability while indicating growing user interaction and adoption.

However, within the user domain, fluctuating patterns emerge. While the user count fluctuates between 2,000 and 6,000 daily active users, intermittent spikes have not translated into substantial overall growth. Despite this, the consistent influx of new users, exceeding 8,000 in the last month, presents an encouraging sign of ongoing interest and entry into the ecosystem.

A notable revelation lies in transactional behavior. Regular users contribute significantly to transactions, yet Centralized Exchanges (CEXs) play a pivotal role, orchestrating a higher volume of transactions compared to Decentralized Exchanges (DEXs). This trend is mirrored in active user counts, emphasizing the influence and engagement of both regular users and CEXs within the Terra network.

The dominance of CEXs in transactional engagement signifies potential advantages such as accessibility and liquidity, necessitating a closer examination of user preferences and user-centric functionalities driving this trend.

In essence, the Terra blockchain exhibits a thriving ecosystem with escalating transactional activity, consistent user engagement, and a mix of user preferences between centralized and decentralized platforms. Understanding these dynamics offers insights into leveraging strengths, enhancing user experiences, and striking a balance to foster sustained growth and maturation within the Terra network.