Blockchain

Avalanche Activated Cortina Upgrade On Fuji Testnet, AVAX Up Nearly 2%

Key Points:

  • Avalanche successfully activated the Cortina upgrade on the Fuji testnet at 3 pm UTC on Thursday, April 6th, 2023.
  • The Cortina upgrade includes protocol optimizations incompatible with the official AvalancheGo version v1.10.0.
  • The AVAX token recorded a gain of nearly 2% in the past 24 hours.
According to a tweet by Patrick O’Grady, technical director of Ava Labs, Avalanche successfully enabled the Cortina upgrade on the Fuji testnet at 3 pm UTC on Thursday, April 6th, 2023.

Cortina makes it easier for exchanges that support Avalanche’s X-Chain, the protocol it uses to send and receive funds. According to Avalanche, the upgrade will also allow for faster development, among other benefits.

Before successfully upgrading Cortina on the Fuji testnet, Avalanche mainnet activation time will be announced, and the official Cortina AvalancheGo version (v1.10.0) will be released.

The Cortina upgrade includes protocol optimizations incompatible with AvalancheGo v1.10.0 versions. If you run a node on Fuji, you must upgrade your software to AvalancheGo v1.10.0 before activation on Fuji. If you are a Mainnet node operator, you only need to take action once the official AvalancheGo@v1.10.0 code is published.

The latest version of AvalancheGo will migrate the X-Chain to run the Snowman++ consensus engine, meaning the entire network has been migrated to a single consensus engine, reducing the size of the trusted computing base and leveraging existing R&D efforts.

The integration of Avalanche Warp Messaging (AWM) on X-Chain will make it easier for exchanges to support X-Chain, including more committed tokens to be used on the subnet. The Cortina upgrade also introduces mass authorization rewards and increases the C-Chain gas limit to 1500 gas.

Yesterday, the Evergreen Subnet implemented a new institution introduced by Ava Labs, a layer 1 blockchain technology developer, to strengthen the blockchain ecosystem.

AVAX token recorded a 1.65% gain in the past 24h, currently, the token is trading at $18.09.

24h AVAX price chart. Source: CoinMarketCap

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Foxy

Coincu News

Andy

Recent Posts

Bitcoin Price Performance Ranks No. 1 Among Asset Classes

Bitcoin price performance has led asset classes since 2011, up 145.9% as of July 5,…

20 hours ago

Ether.fi Season 2 Airdrop Claim Will Be Postponed to July 6

Ether.fi Season 2 airdrop promises significant rewards, including up to 150 ETHFI tokens for small…

2 days ago

Crypto Super App Telegram Boosts TON Blockchain With Over 900M User Base

TON's blockchain assets surged 1,400% this year, reaching over $1 billion, buoyed by its tie-up…

2 days ago

Tron Network User Base Increases Strongly During Temporary Market Crisis

Despite market uncertainties, Tron Network user base has surged, reaching near all-time highs.

2 days ago

House Wants to Overturn Biden’s SAB 121 Veto of Crypto Custody Standards

The U.S. House of Representatives will vote next week to overturn President Biden's SAB 121…

2 days ago

Bitcoin ETF Inflow Sees Surge Admid Market Downturn

The positive Bitcoin ETF inflow came after a series of negative events had driven Bitcoin…

2 days ago

This website uses cookies.