Clicky

  • About
  • Coincu
  • Hot topics
  • Random
Friday, September 22, 2023
CoinCu News
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • Video
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • Video
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home News

Injective Upgrades Mainnet For Enhanced Scalability And Block Time Optimization

Chubbi by Chubbi
4 months ago
in News
Reading Time: 3 mins read
385
91
SHARES
3k
VIEWS
Share on Twitter

Layer 1 Vara Network Will Be Supported By Coinbase

Wormhole Now Integrates USDC Across Blockchains With Circle’s CCTP Support

Key Points:

  • Injective is upgrading its Avalon mainnet with overwhelming community support. The upgrade aims to enhance L1 scalability, achieve sub-second block generation time, and implement PoS delegation transformation.
  • The upgrade will optimize transaction processing speed, network efficiency, and security within the Injective ecosystem. 
Injective, the smart contract platform within the Cosmos ecosystem, is set to upgrade its Avalon mainnet today. 
Injective Upgrades Mainnet For Enhanced Scalability And Block Time Optimization

The proposal for this upgrade has received overwhelming community support, with a final approval rate of 99.8%. The upgrade aims to enhance L1 scalability, achieve sub-second block generation time, and implement PoS delegation transformation.

Injective’s proposal to upgrade the Avalon mainnet has garnered strong support from the community, with an impressive approval rate of 99.8%. This signifies the community’s endorsement of the upgrade’s objectives, which include improving L1 scalability, achieving sub-second block generation time, and implementing PoS delegation transformation.

During the upgrade process, Injective Chain will transition from version 1.10 to version 1.11. To facilitate the upgrade, the mainnet will halt the injected application binary file of the v1.10 version at approximately 22:00 Beijing time on June 1. Subsequently, the injected application binary file of the v1.11 version will be activated.

Injective Upgrades Mainnet For Enhanced Scalability And Block Time Optimization

The upgrade holds the promise of optimizing scalability within the Injective ecosystem. By implementing L1 scalability enhancements, Injective aims to facilitate faster and more efficient transaction processing, supporting the growth of the platform and improving the user experience.

Another significant improvement brought about by the upgrade is the achievement of sub-second block generation time. This advancement will reduce transaction confirmation times, enabling near-instantaneous execution of smart contracts and enhancing overall network efficiency.

Additionally, the upgrade includes the transformation of Proof-of-Stake (PoS) delegation. This change is expected to enhance the decentralization and security of the network by enabling token holders to delegate their staking power to trusted validators.

Injective‘s Avalon mainnet upgrade, driven by strong community support, aims to optimize scalability and block time within the ecosystem. With L1 scalability enhancements, sub-second block generation time, and PoS delegation transformation, Injective aims to improve transaction processing speed, enhance network efficiency, and bolster network security. The successful implementation of the upgrade will contribute to the growth and development of the Injective platform, providing a more seamless and efficient experience for its users.

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

Chubbi

Coincu News

Espresso Review: Leveraging ZK-Rollup Technology To Support Web3 Platforms

ZKSwap Review: High Throughput Swap No Gas Fees With zkRollup Technology

Top 6 Outstanding Zero-knowledge Proof Projects In 2023

Tags: BlockchaininjectiveInjective Protocollayer 1
Previous Post

Coincheck’s Plan To List In The US Backdoor Extends The Deadline

Next Post

Tether Hit A New Market Capitalization Record, Leading $83.2 Billion

Other Posts

South Korea's FIU Enhances Crypto Exchange Oversight From October 2024
News

South Korea’s FIU Enhances Crypto Exchange Oversight From October 2024

September 22, 2023
Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens
News

Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens

September 22, 2023
Hong Kong's JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud
News

Hong Kong’s JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud

September 22, 2023
Binance's Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt
News

Binance’s Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt

September 22, 2023
Justin Sun's Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto
News

Justin Sun’s Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto

September 22, 2023
Bankman-Fried's Release Was Denied: Legal Showdown Looms In High-Profile Trial
News

Bankman-Fried’s Release Was Denied: Legal Showdown Looms In High-Profile Trial

September 22, 2023
Next Post
Tether Hit A New Market Capitalization Record, Leading $83.2 Billion

Tether Hit A New Market Capitalization Record, Leading $83.2 Billion

  • Immutable-X-Suddenly-Increases-More-Than-35-percent-As-Whales-Show-Signs-Of-Accumulation

    Immutable X Suddenly Increases More Than 35% As Whales Show Signs Of Accumulation

    124 shares
    Share 50 Tweet 31
  • Coinbase Wallet Users: Beware of Scammers Exploiting Messaging Protocols for Phishing!

    142 shares
    Share 57 Tweet 36
  • Layer 1 Vara Network Will Be Supported By Coinbase

    112 shares
    Share 45 Tweet 28
  • Ethereum Network Gas Fee Now Soars To Over 310 Gwei

    93 shares
    Share 37 Tweet 23
  • Singapore Banks Crack Down On Money Laundering: $1.8 Billion Assets Seized

    93 shares
    Share 37 Tweet 23
Arbitrum Defies DeFi Turbulence: Whales Make Bold Moves Amidst Market Swings

Arbitrum Defies DeFi Turbulence: Whales Remain Optimistic Amidst Market Swings

September 22, 2023
South Korea's FIU Enhances Crypto Exchange Oversight From October 2024

South Korea’s FIU Enhances Crypto Exchange Oversight From October 2024

September 22, 2023
Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens

Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens

September 22, 2023
Hong Kong's JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud

Hong Kong’s JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud

September 22, 2023
Sui Foundation Awards $300,000 In Grants to Shape Web3 Education

Sui Foundation Awards $300,000 In Grants to Shape Web3 Education

September 22, 2023
Binance's Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt

Binance’s Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt

September 22, 2023
Justin Sun's Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto

Justin Sun’s Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto

September 22, 2023
Bankman-Fried's Release Was Denied: Legal Showdown Looms In High-Profile Trial

Bankman-Fried’s Release Was Denied: Legal Showdown Looms In High-Profile Trial

September 22, 2023
Binance And CEO Changpeng Zhao Officially File To Dismiss SEC Lawsuit

Binance And CEO Changpeng Zhao Officially File To Dismiss SEC Lawsuit

September 22, 2023
Linear Finance Reported The Attack Causes LUSD Volume Spike Up 7761%

Linear Finance Reported The Attack Causes LUSD Volume Spike Up 7761%

September 21, 2023
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Metaverse
  • Polygon
  • Coinbase
  • Trending

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected].

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Casino Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
    • Best Web3 Cryptocurrencies
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Video

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected].

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In