A Terra validator voting against Do Kwon’s plan to revive the network has hit out at the way the vote has been managed, blasting a lack of decentralization. Allnodes CEO and founder Konstantin Boyko-Romanovsky told The Block, “We didn’t like the fact that the whole governance process of this proposal looks like a dictatorship model. It looks like the launch of [the] new chain is decided even before voting is finished.” TerraUSD, a stablecoin native to the Terra blockchain, lost its peg to the US dollar last week, destroying more than $40 billion of value in a few days. To revive the network, Terraform Labs CEO Do ... (full story)