Avalanche: Avalanche9000 upgrade has been launched on the mainnet

PANews reported on December 17, according to The Block, Avalanche announced that it has launched the Avalanche9000 upgrade, which significantly reduces the cost of deploying "subnet" blockchains and running smart contracts, while optimizing the verification model and reducing the basic fee of the C chain (from 25 nAVAX down to 1 nAVAX). This upgrade supports independent operation of the chain through the "Etna" module, significantly reducing project startup costs and meeting different regulatory needs. The Avalanche Foundation has previously raised US$250 million to support upgrade deployment, and it is expected that hundreds of first-level blockchains will be online in the next few months.