Avalanche, the eighth-largest blockchain by total value locked (TVL), is moving ahead with a major technical makeover.

The Avalanche9000 upgrade went live in a test network environment (testnet) Monday, bringing the changes one step closer to the main network (mainnet), the Avalanche Foundation said.

Avalanche9000 will be the largest upgrade that Avalanche has seen. It is designed to cut the costs of sending transactions, operating validators and building apps on the network, whose native token (AVAX) is the 11th-largest cryptocurrency, with a $16 billion market cap.

The foundation is trying to attract developers to Avalanche and encourage users to create customized blockchains using its technology, known as subnets. Somewhat confusingly, subnets are now officially referred to in the Avalanche community as “L1s,” even though they are roughly analogous to the layer-2, or L2, networks that augment Ethereum and other blockchains. (Avalanche’s “primary network,” the equivalent of a layer-1 in other ecosystems, is considered a subnet.)

The team is hoping to bring Avalanche9000 to mainnet by yearend. Also known as the

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Author: Margaux Nijkerk