Avalanche9000: New Upgrade and Its Features

by Giorgi Kostiuk

2 years ago

Avalanche has introduced its Avalanche9000 upgrade, aimed at improving scalability and lowering operational costs.

Key Features of the Avalanche9000 Upgrade

The main changes include reducing basic C-Chain fees and modifying the payment model for validators. There are also independent chain operations and enhanced interchain communication.

From Testnet to Mainnet Success

Before the mainnet launch, the upgrade was tested on the 'Fuji' testnet, demonstrating readiness and stability. Ben Forman endorsed this upgrade, acknowledging Avalanche as a major player in on-chain institutional finance.

Avalanche is a 'major player' in enabling on-chain institutional finance.Ben Forman

Financial Support and Previous Successes

The upgrade was preceded by a $250 million raise led by Galaxy Digital and others, raising Avalanche’s treasury value to $3 billion in AVAX tokens.

The Avalanche9000 represents a leap forward, offering more efficient and cost-effective opportunities for developers and projects.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Tier I

Requires 25% Tier Progress to Claim

Meme Cache

Tier I

Requires 50% Tier Progress to Claim

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Tier I

Sector: #18291

25%

50%

75%

100%

Tier II

Survivors rescued:

0 / 600

Survivors

0/0

Transmit Signal

Broadcast this sector's coordinates to other rescuers.

Other news

Arc Blockchain Surpasses 1 Billion USDC Holdings

Circle's Arc blockchain has achieved over 1 billion USDC in holdings just six weeks post-launch, highlighting its focus on stablecoin payments.

Rajesh Kumar2 minutes ago

SUNio Introduces Public Dashboard for Transparency

SUNio has launched a public dashboard for its SUN token buyback and burn program to enhance transparency and allow community members to verify data.

Arif Mukhtar8 minutes ago

SUNio Expands Ecosystem with New Partnerships

SUNio has expanded its ecosystem through strategic partnerships with Aveai, TokenPocket, and Symbiosis to enhance liquidity access and facilitate seamless token swaps.

Miguel Rodriguez8 minutes ago

SUNio Completes 52nd Token Buyback and Burn

SUNio has successfully executed its 52nd buyback and burn of SUN tokens on October 27, 2023, removing over 723 million SUN from circulation.

Luis Flores8 minutes ago

SEC Issues Conditional Exemption for Tokenised Securities

On October 23, 2023, the SEC issued a conditional exemption for tokenised securities, outlining specific conditions for platforms to be approved for tokenised trading, ensuring regulatory safeguards while fostering innovation.