News Report Technology
February 14, 2024

Avalanche Launches Durango Upgrade for Trustless Communication Across EVM Chains

In Brief

Avalanche activated Durango upgrade to tackle challenges encountered by blockchain networks, enabling trustless EVM cross-chain interactions.

Avalanche Launches Durango Upgrade for Trustless Communication Across EVM Chains

Blockchain platform Avalanche announced a significant milestone with the introduction of the Durango upgrade on its Fuji testnet. The upgrade, unveiled on February 13, 2024, marks an important moment in Avalanche’s ongoing efforts to enhance 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 any two blockchains on different subnets. By eliminating the need for third-party intermediaries, AWM enhances the efficiency and security of asset management on the Avalanche network.

Moreover, the Durango upgrade incorporates several improvements suggested by developers to enhance the user experience and compatibility with Ethereum. These include enabling withdrawals for P-Chain native transfers, simplifying subnet ownership transfers, and ensuring smart contract compatibility through the integration of the Ethereum Shanghai Upgrade. Additionally, adjustments in VM application errors have been made to reduce latency in failed requests and streamline networking tasks.

Avalanche Enhances Security and Scalability for Future Growth

Security and scalability have been focal points of the Durango upgrade, with Avalanche dedicating efforts to improving security across subnets and researching P-Chain scalability. The upgrade lays the groundwork for future advancements, including further scaling of the P-Chain and leveraging BLS keys for enhanced security and functionality across subnets.

Avalanche’s three main chains – Contract Chain (C-Chain), Platform Chain (P-Chain), and Exchange Chain (X-Chain) – play crucial roles in facilitating smart contracts, staking AVAX, managing the validator set, and supporting exchange functionalities. Subnets, comprised of groups of validators, operate independently to agree on blockchain status and define unique rules for transaction processing, internal state maintenance, network connection management, and security.

The announcement of the Durango upgrade underscores Avalanche’s commitment to innovation and its aspirations to become a leader in cross-chain communication and interoperability. The platform’s adoption by institutions like City and JPMorgan, as well as partnerships such as the one with JP Morgan’s Onyx for automating portfolio management, further solidifies Avalanche’s position in the blockchain industry.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Kumar is an experienced Tech Journalist with a specialization in the dynamic intersections of AI/ML, marketing technology, and emerging fields such as crypto, blockchain, and NFTs. With over 3 years of experience in the industry, Kumar has established a proven track record in crafting compelling narratives, conducting insightful interviews, and delivering comprehensive insights. Kumar's expertise lies in producing high-impact content, including articles, reports, and research publications for prominent industry platforms. With a unique skill set that combines technical knowledge and storytelling, Kumar excels at communicating complex technological concepts to diverse audiences in a clear and engaging manner.

More articles
Kumar Gandharv
Kumar Gandharv

Kumar is an experienced Tech Journalist with a specialization in the dynamic intersections of AI/ML, marketing technology, and emerging fields such as crypto, blockchain, and NFTs. With over 3 years of experience in the industry, Kumar has established a proven track record in crafting compelling narratives, conducting insightful interviews, and delivering comprehensive insights. Kumar's expertise lies in producing high-impact content, including articles, reports, and research publications for prominent industry platforms. With a unique skill set that combines technical knowledge and storytelling, Kumar excels at communicating complex technological concepts to diverse audiences in a clear and engaging manner.

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Custom HTML

by Valentin Zamarin
August 08, 2024

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Read More
Read more
Custom HTML
News Report
Custom HTML
August 8, 2024
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Top Investment Projects of the Week 25-29.03
Digest Technology
Top Investment Projects of the Week 25-29.03
March 29, 2024