Avalanche Unveils Major Upgrade with Avalanche9000

AI Review

On Monday, Layer1 blockchain Avalanche announced the launch of its major upgrade Avalanche9000, according to Odaily. The upgrade introduces several new features aimed at simplifying the process of launching “subnet” blockchains and reducing the costs associated with running smart contracts. Avalanche9000 is described as the largest upgrade the network has undertaken to date.

The upgrade includes improvement proposals ACP-77, which changes how validators work, and ACP-125, which reduces base fees on the Avalanche mainnet 'C-Chain'. The team said at X that this marks the start of the launch of hundreds of Avalanche Layer1. Avalanche9000 has reduced the cost of deploying Layer1 by 99.9%, and with hundreds of Layer1s in the pipeline on testnet, launches are expected to explode in the coming months.

#AVAX