​Cortina hard fork activated on the Avalanche network

What’s new? The team of Avalanche blockchain reported on the success of the successful implementation of the Cortina hard fork. The mainnet upgrade took place on April 25 and included the migration of one of Avalanche’s three blockchains called X-chain to the Snowman++ consensus algorithm. This migration will provide integration of the Warp Messaging service, more support for the exchange function, and more complex transactions.

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What is known about Avalanche? It is a decentralized, open-source platform for running DeFi apps, financial startups, trading, and other services. As of April 26, the native token AVAX ranks 16th in cryptocurrency raking by market capitalization with a figure of $5,83 billion and is trading at $17,94, having gained 5,22% in 24 hours, according to Binance.

Polygon will hold a hard fork in January to improve network performance

The changes will take effect only if approved by the blockchain community

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Avalanche uses three blockchains: C-chain, X-chain, and P-chain. The first is the center of the network’s DeFi community, hosting smart contracts and using the MetaMask crypto wallet. X-chain is the network for exchanging and sending funds, and P-chain is for AVAX mining and serves as a validator.

What has changed since the upgrade? In addition to migrating X-Chain to the new consensus mechanism, the hard fork added batched reward distribution for network validators and increased the gas limits on the C-chain network block from 8 million to 15 million, which will allow more complex decentralized applications (DApps) to be deployed. In addition, the hard fork allows the implementation of “linearization” of transaction validation in the X-Chain, which will facilitate the support of the network by various crypto exchanges.

Polygon will hold a hard fork in January to improve network performance

The changes will take effect only if approved by the blockchain community

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Previously, financial market firms Cumberland, WisdomTree, T.Rowe Price, and Wellington Management began testing a forex exchange based on Avalanche.

In January, the Amazon Web Services platform and the developer of Avalanche entered into an agreement to accelerate blockchain adoption in enterprises, institutions, and government agencies. It is designed to make it easier for developers to launch and manage nodes on Avalanche, AWS will support the network infrastructure and DApps.