Ava Labs makes it simple to launch decentralized finance applications on Avalanche.
Creator of Avalanche, a competitor to Ethereum, the most popular decentralized blockchain platform that applications can run on top of. Over the past year, more than 500 decentralized finance apps have been built on Avalanche, which can process 4,500 transactions per second, compared to just 14 per second for Ethereum.
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Avalanche9000 is meant to cut the cost of sending transactions and running validators, making it easier to build apps on the network, crypto's eighth-largest.
The program, called Retro9000, is supposed to encourage developers to build on Avalanche ahead of a much-anticipated upgrade known as Avalanche9000.