🚀 Ava Labs has announced the Vryx update, set to boost the Avalanche (AVAX) blockchain to 100,000 transactions per second! 🔍

- Vryx changes how transactions are processed with a system called Decoupled State Machine Replication (DSMR)

- Transactions and validations will be separated, increasing speed and efficiency

- Only fee-paying transactions will be propagated, preventing the spread of invalid transactions

- Planned to launch on the HyperSDK testnet in Q2 2024

- Ava Labs emphasizes the company's strong financial position despite workforce reductions