🎉 Gate Square — Share Your Funniest Crypto Moments & Win a $100 Joy Fund!
Crypto can be stressful, so let’s laugh it out on Gate Square.
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Post your funniest crypto moment and win your share of the Joy Fund!
💰 Rewards
10 creators with the funniest posts
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📝 How to Join
1⃣️ Follow Gate_Square
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3⃣️ Any format works: memes, screenshots, short videos, personal stories, fails, chaos—bring it on.
📌 Notes
Hashtag #MyCryptoFunnyMoment is requi
Avalanche launches the Granite upgrade, aiming for a 2-second Settlement speed.
According to ChainCatcher news and reported by DLNews, Avalanche will launch the Granite upgrade this week, aimed at enhancing transaction speed and security. Ava Labs executive Olivia Vande Woude stated that the upgrade can reduce settlement time to under 2 seconds, making it more suitable for applications that require real-time on-chain confirmation. Granite includes three core updates: dynamically adjusting transaction processing speed to cope with on-chain traffic fluctuations, reducing cross-chain transaction costs, and introducing biometric signature capabilities (supporting fingerprint, facial, and other verification methods). However, this six-year-old blockchain is facing economic challenges. DefiLlama data shows that over the past six weeks, Avalanche has seen a loss of $1.4 billion in DeFi deposits, and the current on-chain economic scale has plummeted nearly 90% compared to its peak of $17.8 billion in 2022. Whether the Granite upgrade can reverse this downward trend will be a critical test for Avalanche.