The Terra Blockchain system announced a crucial maintenance action, planning to suspend operations at block height 11,550,000 on August 8, 2024, at 14:18 (UTC time), in order to implement significant chain upgrades. This upgrade aims to enhance network performance and security while optimizing user transaction experiences. During this period, all transaction activities will be suspended until the upgrade is completed and resumed. The purpose of this suspension is to ensure that all nodes have sufficient time to download and validate the upgrade package to guarantee a smooth transition. The Terra community encourages all users to back up important data before the upgrade and to closely monitor official announcements for the latest information.