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Avalanche launches Avalanche9000 upgrade on testnet and launches $40 million funding plan
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2024-11-26 07:03:01 5,715
Golden Finance reports that the team behind the layer 1 blockchain network Avalanche launched its major upgrade on the test network on Monday. The upgrade is called "Avalanche9000" and includes a number of technical improvements aimed at reducing blockchain deployment costs by 99.9%. %. These improvements include community proposals ACP-77, which makes Avalanche Tier 1 validators more flexible, and ACP-125, which aims to reduce Avalanche’s base fee by 96%. Accompanying the upgrade is Retro9000, a $40 million funding program that rewards builders developing layer 1 blockchains and other tools on the Avalanche9000 testnet, according to a press release.
Keywords: Bitcoin
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