Close Menu

    Subscribe to Updates

    What's Hot

    Ethereum price signals rally as ETF winning streak continues

    June 14, 2025

    Here’s why Aerodrome Finance’s AERO token price is soaring

    June 14, 2025

    Small caps, big moves: These altcoins outshine Bitcoin

    June 14, 2025
    Facebook X (Twitter) Instagram
    laicryptolaicrypto
    Demo
    • Ethereum
    • Crypto
    • Altcoins
    • Blockchain
    • Bitcoin
    • Lithosphere News Releases
    laicryptolaicrypto
    Home Avalanche launches new Avalanche9000 upgrade with reduced deployment cost
    Crypto

    Avalanche launches new Avalanche9000 upgrade with reduced deployment cost

    John SmithBy John SmithDecember 17, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    The Avalanche Foundation announced its ‘biggest network upgrade’ in the form of Avalanche9000 mainnet. The new upgrade reduces deployment costs and C-Chain fees by more than 90%.

    On Dec. 17, the Avalanche9000 mainnet goes live with a major upgrade dubbed Etna, which serves to eliminate issues faced by developers on the Avalanche (AVAX) network, including high staking requirements and high validator costs. The Etna upgrade fixes these issues by enabling layer1 blockchains to run independently from the primary network.

    This means that validators are no longer required to validate the primary network on Avalanche so these chains can have their own validator set. This major change simplifies the validation process for emerging layer1 projects and reduces operational and upfront fees significantly.

    🔺 Our Biggest Network Upgrade Has Arrived!

    Avalanche 9000 introduces the Etna upgrades to Mainnet, ushering in a new era for developers and users on Avalanche.

    • 99.9% reduction in L1 deployment costs & 96% drop in C-Chain fees
    • Spin up L1s quickly using the Primary C-Chain… pic.twitter.com/6JDUGgEb3x

    — Avalanche Foundation 🔺 (@AvalancheFDN) December 16, 2024

    In the old subnet model, each new blockchain launched on Avalanche has to receive validation on the primary network. This step is accompanied by an upfront stake fee of at least 2000 AVAX tokens or worth around $100,000, as well as the hardware required to validate these chains.

    By introducing this upgrade, Avalanche claims to have reduced layer1 deployment costs by 99.9% and decreased C-Chain fees by 96%.

    In addition, Avalanche9000 simplifies the process of building layer1 blockchains on the network, thus bringing them into the market faster. Developers are given more control in customizing their layer1s in terms of staking, economics, gas, tokens and more.

    One of the key features that this upgrade highlights is Avalanche’s built-in Interchain Messaging, which facilitates communication between the Avalanche C-chain and Avalanche layer1s. This feature works for both new and existing layer1s.

    Developers can use the messaging protocol to send and receive cross-chain EVM messages. Avalanche blockchains can send any type of information using ICM, including tokens, NFTs and oracle price feed data.

    As previously reported by crypto.news, the Avalanche Foundation first unveiled plans to release its Avalanche9000 upgrade on Dec. 2, calling it the “biggest network upgrade since the protocol launched.” The news was accompanied by an increase in overall quarter-on-quarter metrics during Q3 2024.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    John Smith

    Related Posts

    Ethereum price signals rally as ETF winning streak continues

    June 14, 2025

    Here’s why Aerodrome Finance’s AERO token price is soaring

    June 14, 2025

    Small caps, big moves: These altcoins outshine Bitcoin

    June 14, 2025
    Leave A Reply Cancel Reply

    Demo
    Don't Miss
    Crypto

    Ethereum price signals rally as ETF winning streak continues

    By John SmithJune 14, 20250

    The current Ethereum price formed a bullish flag and a golden cross pattern, indicating an…

    Here’s why Aerodrome Finance’s AERO token price is soaring

    June 14, 2025

    Small caps, big moves: These altcoins outshine Bitcoin

    June 14, 2025

    MAP Protocol, Useless Coin, LUNC lead charge; BTC hits $105k

    June 14, 2025

    LAI Crypto is a user-friendly platform that empowers individuals to navigate the world of cryptocurrency trading and investment with ease and confidence.

    Our Posts
    • Altcoins (571)
    • Bitcoin (27)
    • Blockchain (137)
    • Crypto (8,679)
    • Ethereum (623)
    • Lithosphere News Releases (144)

    Subscribe to Updates

    • Twitter
    • Instagram
    • YouTube
    • LinkedIn

    Type above and press Enter to search. Press Esc to cancel.