Close Menu
    What's Hot

    Solana indicators point north, bulls test $165 target

    Cardano is at the Nexus of Bitcoin DeFi: Charles Hoskinson

    ChatGPT vs Cursor.ai vs Windsurf

    Facebook X (Twitter) Instagram
    yeek.io
    • Crypto Chart
    • Crypto Price Chart
    X (Twitter) Instagram TikTok
    Trending Topics:
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    yeek.io
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    Web 3

    Avalanche9000 Launches on Testnet with $40M for Developers Building on the Network

    Yeek.ioBy Yeek.ioNovember 26, 2024No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Fast take:

    • That is Avalanche’s largest improve since its mainnet launch in September 2020.
    • The Avalanche9000 comes with enhancements targeted on decreasing the price of chain deployment on the community by 99.9%, the corporate stated in a press launch.
    • Among the new options embody a proposal that makes Avalanche Layer 1 validators extra versatile and one other that reduces the bottom payment by 96%.

    Avalanche has announced the launch of Avalanche9000 testnet, its largest improve since its mainnet launch in September 2020. The layer-1 blockchain additionally launched the “Retro9000” grant program that will probably be distributed as rewards to builders constructing layer-1 blockchain and different instruments on the Avalanche9000 testnet.

    The improve comes with main technical enhancements tailor-made to decrease the price of chain deployment on the community by 99.9%, the corporate stated in a press launch on Monday. 

    One of many enhancements is the ACP-77 proposal, which goals to make Avalanche layer-1 validators extra versatile, whereas one other, the ACO-125 reduces the bottom payment by 96% and likewise simplifies customization and enhances upkeep.

    The improve additionally helps Interchain Messaging, enabling builders to profit from L1s that talk with one another, permitting them to share collective interoperability and construct community results, Avalanche wrote in a post on its web site.

    In accordance with Avalanche, its community boasts over 500 L1s which are already being developed on the testnet and mainnet. The L1s host a spread of purposes and protocols together with community-run gaming, cost options for small companies, and institutional analysis, with extra verticals frequently being added.

    The Retro9000 program kicks off with a $2 million reward program that rewards customers after sharing a referral code, which is generated after connecting their wallets.


    Keep up to the mark:

    Subscribe to our e-newsletter utilizing this link – we gained’t spam!

    Comply with us on X and Telegram.

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleWeb Summit Lisbon 2024 highlights: Advancing AI, sustainability, and diversity in tech
    Next Article Stablecoin startup Schuman Financial unveils MiCA-compliant Euro token
    Avatar
    Yeek.io
    • Website

    Yeek.io is your trusted source for the latest cryptocurrency news, market updates, and blockchain insights. Stay informed with real-time updates, expert analysis, and comprehensive guides to navigate the dynamic world of crypto.

    Related Posts

    ChatGPT vs Cursor.ai vs Windsurf

    June 7, 2025

    Explore, Spin & Earn Big!

    June 7, 2025

    Why U.S. States Are Exploring Digital Asset Reserves

    June 6, 2025
    Leave A Reply Cancel Reply

    Advertisement
    Demo
    Latest Posts

    Solana indicators point north, bulls test $165 target

    Cardano is at the Nexus of Bitcoin DeFi: Charles Hoskinson

    ChatGPT vs Cursor.ai vs Windsurf

    Dogecoin faces a sell wall – Will smart money hold or fold at $0.17?

    Popular Posts
    Advertisement
    Demo
    X (Twitter) TikTok Instagram

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News

    Categories

    • Defi
    • Ethereum
    • Meme Coins
    • Nfts

    Quick Links

    • Home
    • About
    • Contact
    • Privacy Policy

    Important Links

    • Crypto Chart
    • Crypto Price Chart
    © 2025 Yeek. All Copyright Reserved

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