Columbus-5 Launch: Is it the Dam Holding the Flood?
The upgrade that could change the game.
You have likely heard about Columbus-5, but if you are like me, you are still a little in the dark on what it entails. Columbus-5 to Terra is what London Hardfork and EIP-1559 is to Ethereum. The point being, we can guess at what this upgrade will bring to Terra, but there is no telling for sure until it has launched and established itself.
If that still leaves you clueless, do not worry — you are not alone.
In this article, I will review what Columbus-5 is, why it is important to the Terra blockchain, and I will try to prove that it is the dam holding the flood.
What is Columbus-5?
Columbus-5 is the highly anticipated mainnet upgrade of the Terra ecosystem. It will be the most important upgrade on the Terra blockchain to date.
Why is Columbus-5 so important to Terra?
Integration with developers is at the core of Terra’s mission of mass adoption. It is safe to say Terra sees integration as its roadmap to reaching the mainstream.
With Columbus-5, we are about to see integration like never before. We are about to see project launches like never before. The tokenomics will become…