๐ Avalanche is on a roll with its biggest upgrade since launch, unlocking a cool $40 million in rewards! The Avalanche9000 is live on the Fuji testnet, with a mainnet debut soon. This upgrade slashes deployment costs by 99.9% and boosts interchain communication.
- Subnets are now rebranded as layer-1s, offering more independence and decentralization.
- Validator management shifts from a centralized system to individual L1s, thanks to the ValidatorManager smart contract.
- Over 500 L1s are in the works, spanning gaming to institutional research.
Avalanche is set to enhance interoperability and developer accessibility. ๐