Avalanche launches Durango upgrade for trustless communication across EVM chains
Posted: February 14, 2024 9:42 AM Updated: February 14, 2024 9:42 AM
Correction and fact check date: February 14, 2024, 9:42 AM
briefly
Avalanche announced the Durango upgrade to address challenges blockchain networks face in enabling trustless cross-chain interactions.
Blockchain platform Avalanche announced a significant milestone with the introduction of the Durango upgrade to the Fuji testnet. This upgrade, released on February 13, 2024, is a significant moment in Avalanche’s ongoing efforts to improve scalability, security, and interoperability within its ecosystem.
The Durango upgrade is designed to address key challenges facing blockchain networks, particularly in facilitating trustless cross-chain interactions.
According to the announcement, one of the important features of this upgrade is the implementation of Avalanche Warp Messaging (AWM), a technology that enables direct communication between two blockchains on different subnets. AWM improves the efficiency and security of asset management on the Avalanche network by eliminating the need for third-party intermediaries.
Additionally, the Durango upgrade incorporates several improvements proposed by the developers to improve user experience and compatibility with Ethereum. This includes enabling withdrawals for P-Chain native transfers, simplifying subnet ownership transfers, and ensuring smart contract compatibility through integration of the Ethereum Shanghai upgrade. Additionally, VM application errors have been tuned to reduce latency for failed requests and simplify networking operations.
Avalanche enhances security and scalability for future growth.
Security and scalability have been a focus of Durango’s upgrades, and Avalanche is committed to improving security across subnets and exploring P-Chain scalability. This upgrade lays the foundation for future developments, including further expansion of P-Chain and leveraging BLS keys to enhance security and functionality across subnets.
Avalanche’s three main chains – Contract Chain (C-Chain), Platform Chain (P-Chain), and Exchange Chain (X-Chain) – play a critical role in facilitating smart contracts, AVAX staking, validator set management, and supporting exchange functions. Do it. . Subnets comprised of groups of validators operate independently to agree on the state of the blockchain and define their own rules for transaction processing, internal state maintenance, network connection management, and security.
The announcement of the Durango upgrade highlights Avalanche’s commitment to innovation and desire to become a leader in cross-chain communications and interoperability. Adoption of the platform by institutions such as City and JPMorgan and partnerships such as JP Morgan’s partnership with Onyx to automate portfolio management further solidify Avalanche’s position in the blockchain industry.
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Kumar is an experienced technology journalist specializing in the dynamic intersection of emerging fields including AI/ML, marketing technology, cryptocurrency, blockchain, and NFTs. With over three years of experience in the industry, Kumar has established a proven track record in crafting compelling narratives, conducting insightful interviews, and providing comprehensive insights. Kumar’s specialty is producing high-impact content including articles, reports and research publications for prominent industry platforms. With a unique skill at combining technical knowledge and storytelling, Kumar excels at communicating complex technical concepts in a clear and engaging way to diverse audiences.
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Kumar is an experienced technology journalist specializing in the dynamic intersection of emerging fields including AI/ML, marketing technology, cryptocurrency, blockchain, and NFTs. With over three years of experience in the industry, Kumar has established a proven track record in crafting compelling narratives, conducting insightful interviews, and providing comprehensive insights. Kumar’s specialty is producing high-impact content including articles, reports and research publications for prominent industry platforms. With a unique skill at combining technical knowledge and storytelling, Kumar excels at communicating complex technical concepts in a clear and engaging way to diverse audiences.