Connext will undergo Bacco network upgrade

Connext announced a new upgrade to the Bacco network, which aims to improve the existing "slow path" of the Connext Network, reduce the operating costs of the new chain by more than 90%, while maintaining optimal security. The Connext Foundation proposed the DAO RFC to approve support for 20 new chains and L2 protocols in the future. The announcement stated that the Bacco network upgrade will take place on December 14th, waiting for production test network monitoring to be completed.