Layer1 blockchain Avalanche launches Avalanche9000 upgrade

Golden Finance reported that Layer1 blockchain Avalanche announced the launch of Avalanche9000 upgrade on Monday. This upgrade introduces many new features, including improvements that make it easier to launch 'subnet' blockchains and cheaper to run Smart Contracts. It is reported that Avalanche9000 is the largest upgrade of the network to date. This update includes improvement proposals ACP-77 (changes the operation of validators) and ACP-125 (reduces the base fee of the Avalanche main 'C-Chain' network). The team wrote on X: 'This is the beginning of hundreds of Avalanche L1 launches. Avalanche9000 reduces the cost of deploying L1 by 99.9%, and with the development of hundreds of L1s on the testnet, the launch volume will experience explosive growth in the coming months.'