This upgrade, made possible by Injective Improvement Proposal 420 (IIP-420), represents a transformative leap forward for the platform.
IIP-420 achieved remarkable support, with over $1 billion worth of staked $INJ voting in favor, reflecting one of the highest governance participation rates in Injective’s history.
Altaris Brings Enhanced Scalability and Developer Tools to Injective
Altaris is the first major upgrade following the Volan released in January 2024, underscoring its importance in advancing Injective’s capabilities.
At the heart of Altaris is a substantial boost in scalability and developer resources. The upgrade introduces one of the fastest Layer 1 chains to date, optimized for efficient data handling and resource management. This leap in performance aims to enhance the overall efficiency and speed of the Injective network.
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For developers, Altaris brings significant advancements. The upgrade includes support for Wasm 2.0, which greatly expands the potential for sophisticated dApps. Additionally, the Python, Go, and TypeScript SDKs have been updated, offering a more robust toolkit for developers. These enhancements facilitate the creation of more complex and advanced dApps, pushing the boundaries of what’s possible on Injective.
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One of the most noteworthy features of Altaris is the integration of the RWA (Real-World Asset) Oracle. This addition positions Injective as a leader in asset tokenization on Layer 1 chains, bridging the gap between blockchain technology and traditional finance (TradFi). The RWA Oracle enables seamless tokenization of real-world assets, opening up new avenues for decentralized finance and increasing the utility of Injective’s platform.
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