• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Avalanche9000: New Upgrade and Its Features

user avatar

by Giorgi Kostiuk

a year 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bankman-Fried's Family Pushes for Clemency, Claims Political Motivation

chest

Bankman-Fried's family advocates for clemency, claiming political motivation behind prosecution.

user avatarAisha Farooq

Federal Prosecutors Doubt Authenticity of Letter from Sam Bankman-Fried

chest

Federal prosecutors have raised concerns about the authenticity of a letter allegedly sent by Sam Bankman-Fried from prison, suggesting it may not have originated from there.

user avatarLi Weicheng

Ripple Survey Highlights Growing Importance of Digital Assets in Finance

chest

A recent survey by Ripple reveals that finance leaders increasingly recognize the significance of digital assets in the global financial landscape.

user avatarTenzin Dorje

Shocking Details Emerge from David Balland's Kidnapping

chest

Shocking details emerge from the kidnapping of David Balland and his wife in Cher, France, where they were held for ransom and one of his fingers was severed.

user avatarBayarjavkhlan Ganbaatar

Final Suspect in David Balland Kidnapping Arrested in Spain

chest

A suspect involved in the kidnapping of Ledger cofounder David Balland has been arrested in Spain.

user avatarMohamed Farouk

Bitmine's Ethereum Staking Activity Signals Long-Term Confidence

chest

Bitmine has staked an additional 94,670 ETH, raising its total staked holdings to over 3 million ETH, indicating a long-term strategy amidst increasing selling pressure.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.