Binance News
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Avalanche Community Approves Etna Upgrade Impacting Beam Network
According to Odaily, the Avalanche community has approved proposal ACP-77, paving the way for the implementation of the Etna upgrade. This development is set to affect all subnets, including the Beam Network. Following the Etna upgrade, the Beam Network will be officially recognized as a Layer 1 blockchain network. This change signifies a move towards greater independence from the Avalanche network's constraints while still benefiting from its infrastructure.
The approval of ACP-77 marks a significant milestone for the Beam Network, as it transitions to a more autonomous status within the blockchain ecosystem. The upgrade is expected to enhance the network's capabilities and provide more flexibility in its operations. By shedding some of the limitations imposed by the Avalanche network, Beam Network aims to optimize its performance and expand its potential applications.
This strategic shift underscores the growing trend of blockchain networks seeking to establish their own identity and operational independence. As the Beam Network evolves into a Layer 1 blockchain, it is poised to leverage the robust infrastructure of the Avalanche network while charting its own course in the decentralized landscape. The successful implementation of the Etna upgrade will likely set a precedent for other networks considering similar transitions, highlighting the dynamic nature of the blockchain industry.
The approval of ACP-77 marks a significant milestone for the Beam Network, as it transitions to a more autonomous status within the blockchain ecosystem. The upgrade is expected to enhance the network's capabilities and provide more flexibility in its operations. By shedding some of the limitations imposed by the Avalanche network, Beam Network aims to optimize its performance and expand its potential applications.
This strategic shift underscores the growing trend of blockchain networks seeking to establish their own identity and operational independence. As the Beam Network evolves into a Layer 1 blockchain, it is poised to leverage the robust infrastructure of the Avalanche network while charting its own course in the decentralized landscape. The successful implementation of the Etna upgrade will likely set a precedent for other networks considering similar transitions, highlighting the dynamic nature of the blockchain industry.
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