#MarketNewHype
😎Avalanche's 9000 update goes live today
The Avalanche9000 update, which is seen as the biggest and most important update of the network so far in Avalanche, will go live and be active today. The update, which brings major changes to the operation of "subnets" now known as Layer-1, will also seriously reduce the costs of users creating their own Layer 1.
Avalanche, one of the well-known Layer 1 networks of the cryptocurrency world, is launching one of its biggest updates today. The update, also known as Avalanche9000, which allows users to create their own Layer 1 networks within the network at very low costs, will also address scalability issues.
After Avalanche9000 goes live, users will determine the rules of the networks they create. Users will be given freedom from geographic region selection to staking requirements and installations that do not require 3rd party permissions to comply with regulations.
In addition, the layers 1 (L1s) created will be connected to each other. The network, which will use the layer 1 architecture, will also have the advantages of being multi-chain.
