The Theta v4.0.0 will be launched soon as a prerequisite for Theta Metachain. The official Theta Metachain launch is scheduled to be in December. Before this major launch can take place, the Theta v4.0.0 is required to be effective.
On November 3rd, 2022, the Theta v4.0.0 will become available to the public which will bring the feature upgrades that are required for the team to introduce the Theta Metachain. The Theta Metachain is an interconnected network of blockchains that will increase horizontal scalability.
This will allow the network to achieve potentially unlimited transactions. The upgrade is to make space for the boom of transactions that Web3 will require. Businesses, media, and the entertainment world will require this space for scalability.
The much-awaited Theta Metachain is constituting one “main chain” and an unlimited number of subchains. The world Metachain insinuates that this technology will achieve, surpass, and will go beyond the technological advancements of the “chain”. There are specific chains that are designed to carry out certain tasks that are integral to the function of the Metachain.
Developers will also receive many bonus features which include easy-to-use SDK for developers to quickly construct the subchain and connect it to the mainchain. Each of these subchains can work independently to process transactions. This is why, in theory, the Theta Metachain could process an unlimited number of transactions.
The Theta Metachain subchain SDK permits interchain messaging connecting the subchain and mainchain allowing specific crypto assets to transport swiftly through the chains.
The new Theta v4.0.0 upgrade will introduce the usage of maximum code size for smart contacts allowing the mainchain to work with more complex smart contact IDs. There will be an implemented ID mapping mechanism to support thousands of Subchains. Apart from this, this new version has fixed some bugs for the Metachain to be flawlessly executed.