Algorand protocol updated to version 3.0.1 to introduce AVM 1.0
The Algorand protocol has updated to version 3.0.1, which introduces the 1.0 version of the Algorand Virtual Machine (AVM). This update enables smart contracts to execute transactions directly on the blockchain.
The release also implements application cost pooling for larger contract sizes and increases the smart contract limit per account to 50.
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Algorand updates MainNet and TestNet to version 2.10.1
The Algorand network has been updated to version 2.10.1, a maintenance release featuring improvements to the REST API, TEAL testing, and ledger-level optimizations. Key changes include fixes for JSON encoding in the REST API, new support for batch signature verification, and various internal node and linter enhancements.