The Avalanche Foundation announced a $40 million Retro9000 grants program connected to the Avalanche9000 upgrade, aimed at supporting developers testing and launching projects on its testnet.

Supporting Developers with Retro9000

Avalanche's Retro9000 program provides financial support to developers testing and launching projects on its testnet. This initiative is part of the broader Avalanche9000 upgrade, which aims to ease the development of layer-1 blockchains. The program offers grants based on community voting, lowering economic barriers for developers. It includes a public leaderboard that ranks projects by community feedback.

Avalanche9000 Upgrade and Its Features

Avalanche9000 promises a more developer-friendly environment with enhancements and incentives. The key upgrades include: Avalanche Consensus Protocol (ACP-77) for scalability and interoperability; the Etna Upgrade for performance; updated nomenclature; and developer incentives. The Avalanche Interchain Messaging (ICM) is a feature allowing communication between different L1s.

Avalanche's Vision for a Multi-Chain Future

Avalanche9000 envisions a network of L1s working together to enhance scalability. Unlike traditional networks, where a single L1 handles all transactions and data, Avalanche sees interconnected L1s as the future. Since 2020, Avalanche has been creating this multi-chain model, offering developers control over staking, gas tokens, and validator sets.

The Retro9000 program and Avalanche9000 upgrade highlight Avalanche's commitment to supporting developers and advancing the network's evolution towards a multi-chain future.