• 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

BRICS Nations Launch Gold-Backed Digital Currency Unit

chest

BRICS nations have introduced a gold-backed digital currency called Unit, aimed at reducing reliance on the US dollar.

user avatarLuis Flores

Stablexyz Aims to Revolutionize Global Payments with USDT

chest

Stablexyz aims to revolutionize global payments by creating a payment network that prioritizes stablecoin usability.

user avatarArif Mukhtar

Instant Payments with KRW1 on Polygon Revolutionize Business Transactions

chest

The launch of the KRW1 stablecoin on the Polygon blockchain is set to revolutionize business transactions in Korea, allowing small business owners to make almost instant payments to suppliers.

user avatarDavid Robinson

Stablexyz Launches First Settlement Network for USDT

chest

Stablexyz is creating a settlement network specifically designed for USDT, aiming to enhance stablecoin adoption and streamline digital dollar payments.

user avatarAndrew Smith

KRW1 Stablecoin Launches on Polygon, Transforming Payments in Korea

chest

BDACS has launched the KRW1 stablecoin, backed by the Korean won, on the Polygon blockchain to enhance payment efficiency in Korea.

user avatarMaria Gutierrez

Report Analyzes 12 Leading SaaS Project Management Tools

chest

A report analyzes 12 leading SaaS Project Management tools based on their financial control capabilities.

user avatarZainab Kamara

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.