Difference between revisions of "Avail"

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Modular [[Data availability (DA)|DA]]


==Basics==
==Basics==
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*[[Whitepaper]] or docs can be found [insert here].
*[[Whitepaper]] or docs can be found [insert here].
*Code can be viewed [insert here].
*Code can be viewed [insert here].
*[[Consensus]] mechanism:
*[[Consensus]] mechanism: [[Proof-of-Stake (PoS)|PoS]] with [[Polkadot (DOT)|Polkadot]] SDK
*Algorithm:
*Algorithm:
*[[Virtual Machine (VM)|Virtual Machine]]:
*[[Virtual Machine (VM)|Virtual Machine]]:
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===Upgrades===
===Upgrades===
===Staking===
===Staking===
* From a [https://x.com/hmalviya9/status/1749029633574756449?s=20 thread] on different [[Data availability (DA)|DA]] layers (21-1-2024):
''"Avail uses nominated proof of stake, and they support up to 1000 validators. They could remain operational even if the majority of full nodes went down, as they sample from their [[Peer-to-Peer network|p2p]] network of [[Light Wallet|light nodes]]."''
====Validator Stats====
====Validator Stats====
===Liquidity Mining===
===Liquidity Mining===
===Scaling===
===Scaling===
===Interoperability===
===Interoperability===
===Availability Layer===
* [https://www.onchaintimes.com/solving-modular-fragmentation-with From] Onchain Times (19-3-2024):
''"Avail DA is a [[Data availability (DA)|data availability]] layer that implements data availability sampling (DAS) with validity proofs. the Avail DA layer offers cheap and secure data availability blobspace for rollups which allows these to access and post their large quantities of transactional data in a scalable manner. Unlike existing [[Modular Scaling|modular]] DAs that rely on an optimistic approach, Avail’s use of validity proofs enables 10x faster guarantees on transaction ordering resulting in a responsive experience for users. In its final form, Avail will have a peer-2-peer network consisting of multiple lightnodes it can sample data from. What makes Avail stand out is this ability which is unique for the Avail DA layer and results in an increasingly decentralized network."''
===Other Details===
===Other Details===
==Oracle Method==
==Oracle Method==
==Their Other Projects==
==Their Projects==
===Avail DA===
 
* [https://www.onchaintimes.com/solving-modular-fragmentation-with From] Onchain Times (19-3-2024):
 
''"Avail DA is a [[Data availability (DA)|data availability]] layer that implements data availability sampling (DAS) with validity proofs. the Avail DA layer offers cheap and secure data availability blobspace for rollups which allows these to access and post their large quantities of transactional data in a scalable manner. Unlike existing [[Modular Scaling|modular]] DAs that rely on an optimistic approach, Avail’s use of validity proofs enables 10x faster guarantees on transaction ordering resulting in a responsive experience for users. In its final form, Avail will have a peer-2-peer network consisting of multiple lightnodes it can sample data from. What makes Avail stand out is this ability which is unique for the Avail DA layer and results in an increasingly decentralized network."''
 
=== Avail Fusion ===
 
* [https://www.onchaintimes.com/solving-modular-fragmentation-with From] Onchain Times (19-3-2024):
 
''"Coordination of value across blockchains and rollups requires extensive shared economic security in the unification layer. This is what Avail Fusion Security provides.''<blockquote>''Unification = modularity + aggregation + shared security''</blockquote>''Fusion allows base-layer tokens like BTC, ETH, SOL and more to contribute to the Avail consensus in addition to $AVAIL. Rollups building on top of Avail are in addition able to help secure the Avail base layer with their own token. By allowing multiple different tokens to contribute to the security of Avail, the economic security has the potential to be magnitudes higher than other modular tech stacks."''
 
=== Avail Nexus ===
 
* [https://www.onchaintimes.com/solving-modular-fragmentation-with From] Onchain Times (19-3-2024):
 
''"Avail Nexus is a zk coordination rollup which consists of a proof aggregation/verification layer as well as a [[sequencer]] selection mechanism that is enabled by tapping into the Avail DA stack. Acting as a verification hub, rollups on top of the Nexus layer can communicate easily via a single proof verifying the state of all the other rollups."''
 
==Roadmap==
==Roadmap==
*Can be found [Insert link here].
*Can be found [Insert link here].
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===Projects that use or built on it===
===Projects that use or built on it===
==Competition==
==Competition==
* From a [https://x.com/hmalviya9/status/1749029633574756449?s=20 thread] on different [[Data availability (DA)|DA]] layers (21-1-2024):
''"Avail uses the Grandpa + Babe Consensus inherited from [[Polkadot (DOT)|Polkadot]] SDK, which has a slower [[block]] [[finality]] time compared to [[Ignite (Company)|Tendermint]]. However, since Avail also uses KZG Commitments for validity proofs, they verify the accuracy of [[Transaction (Tx)|transactions]] faster than [[Celestia]].''
''"Celestia and Avail use large blocks, data availability sampling, and light nodes to serve increasing demand. EigenDA uses DACs, which are also considered scalable, but more [[centralized]]."''
==Pros and Cons==
==Pros and Cons==
===Pros===
===Pros===
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===Funding===
===Funding===


* Avail raised $43 million in its Series A funding round (4-6-2024):
''"The Series A round was co-led by Founders Fund, [[Dragonfly]], and [[Cyber Fund]]. Other investors include [[SevenX]], [[Figment]], [[Nomad Capital]], [[Foresight Ventures]], [[Hashkey Capital]], and others."'' Among which [[KR1]], Spark Digital Capital and [[Mirana Ventures|Mirana]].
* [https://twitter.com/AvailProject/status/1762114101881537009 Announced] a $27M raise (26-2-2024). With participation of:
* [https://twitter.com/AvailProject/status/1762114101881537009 Announced] a $27M raise (26-2-2024). With participation of:


@SevenXVentures, @Nomadcapital_io, and @[[Figment Networks|FigmentCapital]] along with our angel investors @[[Balaji Srinivasan|balajis]], @[[Sunny Aggarwal|sunnya97]], @[[Mudit Gupta|mudit__gupta]], @maqstik ([[AltLayer (ALT)|AltLayer]]), [[Tim Beiko]] and @ashwinrz ([[Dragonfly]]) among [https://x.com/AvailProject/status/1762114105438273728?s=20 others].
''@SevenXVentures, @Nomadcapital_io, and @[[Figment Networks|FigmentCapital]] along with our angel investors @[[Balaji Srinivasan|balajis]], @[[Sunny Aggarwal|sunnya97]], @[[Mudit Gupta|mudit__gupta]], @maqstik ([[AltLayer (ALT)|AltLayer]]), [[Tim Beiko]] and @ashwinrz ([[Dragonfly]]) among [https://x.com/AvailProject/status/1762114105438273728?s=20 others].''
 
* Had a [https://x.com/AvailProject/status/1797978214284808610 seed round] of $5M.


===Partners===
===Partners===
Announced partnerships (4-2024) in their newsletter with Avail Space, NIM Network, [[Polygon (POL)|Polygon]], [[Optimism]], [[Arbitrum]], [[StarkWare (StarkNet - STRK)|StarkWare]] and [[ZkSync (ZKS)|zkSync]], and Playnation.
==(:==
==(:==
Knowledge empowers all and will help us get closer to the [[decentralised|decentralized]] world we all want to live in!
Knowledge empowers all and will help us get closer to the [[decentralised|decentralized]] world we all want to live in!
Line 80: Line 124:
Making these free wiki pages is fun but takes a lot of effort and time.
Making these free wiki pages is fun but takes a lot of effort and time.


If you have enjoyed reading, tips are appreciated :) This will help us to [[keep]] expanding this archive of information.
If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.


[[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31
[[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31

Latest revision as of 02:39, 12 June 2024

Modular DA

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

History

"Avail will be spun off completely from Polygon Labs. The Avail protocol co-creator Anurag Arjun, who has helmed the development of Avail from its inception, is moving out of Polygon Labs and will become Avail’s sole steward and will continue to lead the project in a separate, standalone and self-funded entity."

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

Token Allocation

Inflation

Utility

Burns

Other Details

Coin Distribution

Technology

Transaction Details

How it works

  • From their X (26-2-2024):

"Avail is laying a foundation for a fundamentally integrated blockchain future where separate ecosystems can implement their own technology and scaling solutions while remaining connected via a trust-minimized and secure coordination layer.

Fusion Security enables additive crypto-economic security using asset classes other than the native Avail token (like BTC & ETH) to serve and secure the Avail network."

Fees

Upgrades

Staking

  • From a thread on different DA layers (21-1-2024):

"Avail uses nominated proof of stake, and they support up to 1000 validators. They could remain operational even if the majority of full nodes went down, as they sample from their p2p network of light nodes."

Validator Stats

Liquidity Mining

Scaling

Interoperability

Availability Layer

  • From Onchain Times (19-3-2024):

"Avail DA is a data availability layer that implements data availability sampling (DAS) with validity proofs. the Avail DA layer offers cheap and secure data availability blobspace for rollups which allows these to access and post their large quantities of transactional data in a scalable manner. Unlike existing modular DAs that rely on an optimistic approach, Avail’s use of validity proofs enables 10x faster guarantees on transaction ordering resulting in a responsive experience for users. In its final form, Avail will have a peer-2-peer network consisting of multiple lightnodes it can sample data from. What makes Avail stand out is this ability which is unique for the Avail DA layer and results in an increasingly decentralized network."

Other Details

Oracle Method

Their Projects

Avail DA

  • From Onchain Times (19-3-2024):

"Avail DA is a data availability layer that implements data availability sampling (DAS) with validity proofs. the Avail DA layer offers cheap and secure data availability blobspace for rollups which allows these to access and post their large quantities of transactional data in a scalable manner. Unlike existing modular DAs that rely on an optimistic approach, Avail’s use of validity proofs enables 10x faster guarantees on transaction ordering resulting in a responsive experience for users. In its final form, Avail will have a peer-2-peer network consisting of multiple lightnodes it can sample data from. What makes Avail stand out is this ability which is unique for the Avail DA layer and results in an increasingly decentralized network."

Avail Fusion

  • From Onchain Times (19-3-2024):

"Coordination of value across blockchains and rollups requires extensive shared economic security in the unification layer. This is what Avail Fusion Security provides.

Unification = modularity + aggregation + shared security

Fusion allows base-layer tokens like BTC, ETH, SOL and more to contribute to the Avail consensus in addition to $AVAIL. Rollups building on top of Avail are in addition able to help secure the Avail base layer with their own token. By allowing multiple different tokens to contribute to the security of Avail, the economic security has the potential to be magnitudes higher than other modular tech stacks."

Avail Nexus

  • From Onchain Times (19-3-2024):

"Avail Nexus is a zk coordination rollup which consists of a proof aggregation/verification layer as well as a sequencer selection mechanism that is enabled by tapping into the Avail DA stack. Acting as a verification hub, rollups on top of the Nexus layer can communicate easily via a single proof verifying the state of all the other rollups."

Roadmap

  • Can be found [Insert link here].

Revenue

Usage

Projects that use or built on it

Competition

  • From a thread on different DA layers (21-1-2024):

"Avail uses the Grandpa + Babe Consensus inherited from Polkadot SDK, which has a slower block finality time compared to Tendermint. However, since Avail also uses KZG Commitments for validity proofs, they verify the accuracy of transactions faster than Celestia.

"Celestia and Avail use large blocks, data availability sampling, and light nodes to serve increasing demand. EigenDA uses DACs, which are also considered scalable, but more centralized."

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].
  • Anurag Arjun

Funding

  • Avail raised $43 million in its Series A funding round (4-6-2024):

"The Series A round was co-led by Founders Fund, Dragonfly, and Cyber Fund. Other investors include SevenX, Figment, Nomad Capital, Foresight Ventures, Hashkey Capital, and others." Among which KR1, Spark Digital Capital and Mirana.

  • Announced a $27M raise (26-2-2024). With participation of:

@SevenXVentures, @Nomadcapital_io, and @FigmentCapital along with our angel investors @balajis, @sunnya97, @mudit__gupta, @maqstik (AltLayer), Tim Beiko and @ashwinrz (Dragonfly) among others.

Partners

Announced partnerships (4-2024) in their newsletter with Avail Space, NIM Network, Polygon, Optimism, Arbitrum, StarkWare and zkSync, and Playnation.

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31