•  Automation 2.0 could lead to a reduction in gas costs by up to 90%.
• AVAX reacted positively to the development, jumping by more than 7%.

In a big boost to Avalanche [AVAX] developers, flagship tools of the Chainlink [LINK]  ecosystem, Chainlink Automation 2.0 and Chainlink Functions 1.0, were launched on the contracts chain, also popularly called the C-Chain. The move was expected to revolutionize Web3 application development in the Avalanche ecosystem.

Read Avalanche’s [AVAX] Price Prediction 2023-24

Big boost for Avalanche

The two game-changing solutions for developers were introduced earlier in the month by the Chainlink ecosystem.

As far as Automation 2.0 is concerned, it allows developers to offload and automate Solidity computations off-chain. This results in saving up to 90% in gas costs.

Note that each operation in Solidity has a gas cost associated with it. The total gas cost for a given transaction or function execution is the sum of the gas costs of all the operations it includes.

Hence, developers can save a lot of time and money by automating smart contracts through Automation 2.0. Moreover, they can bypass the risks associated with centralized automation providers.

Similarly, Chainlink Functions 1.0 is a Web3 serverless platform that enables developers to connect their smart contracts to external data sources. This process speeds up the process of custom computations.

Apart from Avalanche, other Ethereum Virtual Machine-compatible chains like the BNB Chain [BNB] and Optimism [OP] have integrated the auto

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Author: Aniket Verma

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