Dima 🎩🐹
@chevapchevapovic
The Avalanche Foundation announced its ‘biggest network upgrade’ in the form of Avalanche9000 mainnet. 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 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. 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.
2 replies
1 recast
35 reactions
Vera🎩
@vera17
Thank you for news and great information 🤝
0 reply
0 recast
0 reaction