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Avalanche Unveils Game-Changing Upgrade to Simplify Blockchain Development

Avalanche Unveils Game-Changing Upgrade to Simplify Blockchain Development

Cryptodnes2024/12/17 18:00
By:Cryptodnes

Avalanche has officially launched its Avalanche9000 upgrade on the mainnet, marking a significant milestone for the network.

This update is set to pave the way for a surge in Layer-1 blockchains, making it more accessible and cost-effective to create “subnets” on Avalanche’s platform.

The Avalanche9000 upgrade aims to simplify the development of decentralized applications (DApps) on its Layer-1 blockchain. One of the most striking changes is a dramatic 99.9% reduction in the cost of launching Layer-1 networks. With hundreds of new blockchains currently under development on testnets, the upgrade is expected to lead to a wave of Layer-1 launches tied to Avalanche in the near future.

The network has touted Avalanche9000 as its most comprehensive upgrade so far. Key enhancements include ACP-77, which redefines how validators operate, and ACP-125, which lowers the base transaction fee on Avalanche’s primary “C-chain.” These changes allow validators to focus on specific subnets without needing to validate the main chain, reducing both hardware requirements and operational expenses.

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Previously, validators needed to stake 2,000 AVAX tokens—valued at around $100,000 at the current price of $49.97—to participate in securing the network. The new model introduces dedicated validator sets, enabling individual chains to operate independently of the primary network. This approach not only reduces initial project costs but also makes it easier to comply with varying regulations and jurisdictional requirements.

The Avalanche9000 upgrade signals a new chapter for the network, with its enhanced accessibility and reduced barriers to entry poised to attract a new wave of developers and projects.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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