Image source: MidJourney, Derivative By soaringcrowz

Introduction

In recent years, blockchain technology has developed rapidly, and application scenarios have become increasingly diverse. However, the design of a single main chain often faces scalability bottlenecks and performance limitations, making it difficult to meet the growing user demands.

To this end, Avalanche launched the Avalanche9000 upgrade, a major reform of network architecture aimed at establishing a scalable, high-performance, and seamlessly interconnected 'Everything Network' through multiple interconnected Layer1 blockchains.

This article will provide an accessible analysis of the key features, upgrade contents of Avalanche9000, and its impact on the future development of blockchain.

Image source: Avalanche

Main upgrade content of Avalanche9000

Avalanche9000 is the largest scale upgrade of the Avalanche network since its launch, containing a series of improvements aimed at enhancing network performance, lowering development thresholds, and increasing interoperability. Here are the main upgrade contents of Avalanche9000:

Reshape Subnets (ACP-77)

This upgrade introduces a new role of 'Subnet Validator' and implements a 'user pays' continuous fee mechanism, significantly reducing the cost of deploying dedicated blockchains (Layer1). The implementation of the ACP-77 proposal will bring the deployment cost of Avalanche subnets down to levels comparable to Celestia Rollup, while providing faster transaction confirmation speeds and native interoperability.

Reduce C-Chain transaction fees (ACP-125)

This upgrade will reduce the base transaction fee of Avalanche C-Chain from 25 $nAVAX to 1 $nAVAX, a decrease of up to 96%. This adjustment is expected to significantly increase the daily transaction volume and active address count on the Avalanche network, and stimulate application development in specific industries (such as meme coins and gaming).

Other important improvements

In addition to the two core upgrades mentioned above, Avalanche9000 also includes the following important improvements:

  • ACP-20: Support Ed25519 TLS certificates for P2P communication on the Avalanche network. Allows Avalanche network users (ANC) NodeID to use Ed25519 public keys.

  • ACP-103: Adds dynamic fees to the P-Chain, adjusting transaction fees based on network load to enhance network efficiency.

  • ACP-113: Proposes standard AppRequest effective payload format type for requesting the provided bytes of Warp signature, so that signatures can be requested in a VM-independent manner.

  • ACP-118:Warp signature interface standard, enhancing security for cross-chain communication.

  • ACP-131:Launch Cancun EIP on C-Chain and Subnet-EVM chains to enhance virtual machine capabilities.

  • ACP-151:Using the current block height of the P-Chain as the context for state validation, improving network security.

What is the impact on Avalanche?

The launch of Avalanche9000 symbolizes Avalanche's formal move into the era of 'multi-chain interoperability'. By lowering development thresholds, enhancing network performance, and increasing interoperability, Avalanche9000 will attract more developers and users to join the Avalanche ecosystem, promoting the innovative applications and widespread development of blockchain technology.

Image source: Avalanche

Reshape subnets: Lower thresholds and unleash creativity.

The core of Avalanche9000 is the reshaping of subnets (Subnets), which introduces the new role of 'Subnet Validator' and implements a 'user pays' continuous fee mechanism, significantly lowering the threshold for deploying dedicated blockchains (Layer1).

In the past, deploying subnets required paying high upfront costs in $AVAX tokens, but the implementation of the ACP-77 proposal will change this to a continuous fee payment, making it easier for more developers and projects to create and operate their own Layer1 blockchains.

In addition, Avalanche9000 has also reduced the hardware requirements for subnet validators, lowering operational costs and further enhancing the economic feasibility of subnet deployment. These improvements will inspire more innovative applications to emerge on Avalanche, driving diversification in blockchain applications.

Image source: Avalanche

Empowering developers: A perfect blend of flexibility, interoperability, and performance.

Avalanche9000 not only lowers the thresholds for subnet deployment but also provides developers with unprecedented flexibility, interoperability, and performance. Through this upgrade, developers will be able to:

  • Fully control the design of Layer1 blockchains, including staking economic models, gas fee tokens, and virtual machines, creating a blockchain environment that best meets application needs.

  • Utilize Avalanche's cross-chain communication protocol (Avalanche Interchain Messaging, abbreviated as ICM) to achieve seamless interoperability between Layer1 blockchains, allowing assets and data to flow freely.

  • With the efficient Avalanche consensus mechanism, ensure rapid confirmation and finality of transactions, enhancing user experience.

These features will attract more developers to choose Avalanche as the preferred platform for building blockchain applications, accelerating the prosperous development of the blockchain ecosystem.

Retro9000 reward program

Retro9000 is a reward program launched with the Avalanche9000 test network, aimed at incentivizing developers to build Avalanche Layer1 blockchains and related tools. The program offers retroactive rewards of up to 40 million dollars, encouraging developers to participate in the early construction of the Avalanche ecosystem.

Image source: Avalanche Retro9000

Here are some main features of Retro9000:

  • Rewards for Avalanche Layer1 and tool developers: Developers who participate in the Avalanche9000 test network and build Avalanche Layer1 blockchains or related tools will have the opportunity to receive rewards.

  • Rewards of up to 40 million dollars: The Retro9000 program provides a total of up to 40 million dollars in retroactive rewards, including direct rewards and referral rewards.

  • Referral rewards: If other projects use your code to register on retro9000.avax.network, you will be eligible for referral rewards of up to 2 million dollars.

  • Bounty9000: This is a special challenge encouraging developers to build an Avalanche Layer1 blockchain with $USDC as the gas fee and provide fiat entry.

The Retro9000 reward program is also an important component of the Avalanche9000 upgrade, which will attract more developers to join the Avalanche ecosystem and promote the rapid development of the Avalanche multi-chain network.

Liberating value: Multi-chain interconnection, co-creating prosperity.

The concept of 'multi-chain interoperability' advocated by Avalanche9000 will break the traditional blockchain isolation effect, bringing new value and opportunities to the entire ecosystem. In the vision of Avalanche9000:

  • The main chain (C-Chain) will serve as the center for economy and infrastructure, providing liquidity support and tool services for all Layer1 blockchains.

  • Each Layer1 blockchain will be custom-designed according to its own needs, focusing on specific application industries, and achieving interoperability through ICM.

  • The entire network will form an organic whole, with each Layer1 blockchain collaborating to jointly promote the prosperous development of the Avalanche ecosystem.

This multi-chain interconnected architecture will maximize the potential of blockchain, bringing users a richer, more convenient, and more efficient application experience.

Moreover, a major goal of Avalanche9000 is to accelerate the deployment of subnets by eliminating current economic and technical barriers. In the past, running an Avalanche subnet required validators from the mainnet, which necessitated each validator to hold 2,000 $AVAX, posing a significant economic barrier for many new project launches. Now, this mechanism is directly broken, reducing the aforementioned threshold to about 1.3 $AVAX per month, cutting initial operating costs by over 99.9% compared to traditional models.

Image source: Avalanche

Conclusion

As a key milestone in the history of Avalanche development, the Avalanche9000 upgrade brings revolutionary breakthroughs to the blockchain ecosystem. By significantly lowering the threshold for Layer1 deployment and achieving cross-chain interoperability, it not only allows developers to more easily construct applications but also establishes the vision of a 'Everything Network'.

Allow blockchain to share the benefits of the Avalanche network from finance to gaming, from enterprises to individuals. This fully interconnected multi-chain network will unleash infinite innovative possibilities and open a new era for blockchain technology. Now, you can participate in the developer program through retro9000.avax.network and co-create the future blueprint of Avalanche.

Image source: Avalanche

References

  • Building on Avalanche9000

  • GitHub|Etna - Reinventing Subnets

  • Avalanche: An Economic Analysis of ACP-77

  • Fee Sensitivity Analysis: Predicting ACP-125's Impact on Avalanche Network Activity