Difference between revisions of "Lava Network (LAVA)"
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===How it works=== | ===How it works=== | ||
* [https://www.onchaintimes.com/p/the-modular-watchlist-for-2024-a From] Onchain Times (12-3-2024): | |||
''"A modular data layer that chains and rollups can tap into. Lava is essentially an [[Remote Procedure Call (RPC)|rpc]] and indexing layer for chains. Data-accessing is in many cases fragmented and so by using the Lava network, chains can ensure easy and fast data-access for users and developers."'' | |||
===Fees=== | ===Fees=== | ||
===Upgrades=== | ===Upgrades=== | ||
Revision as of 07:56, 15 April 2024
"Lava is built as an application-specific L1 PoS Blockchain, based on CosmosSDK. We are building the most reliable, modular, and extensible network, which ensures high network performance and secure blockchain access for all web3 APIs."
Basics
- Based in:
- Started in / Announced on:
- Testnet release:
- Mainnet release: aiming for Q1 2024 (as of 28-11-2023).
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Notable Governance Votes
Treasury
Token
Launch
Token Allocation
Inflation
Utility
Burns
Other Details
Coin Distribution
Technology
- Whitepaper or docs can be found here.
- Code can be viewed [insert here].
- Consensus mechanism: Tendermint (12-2023).
- Algorithm: PoS
- Virtual Machine:
- Development language used:
Transaction Details
How it works
- From Onchain Times (12-3-2024):
"A modular data layer that chains and rollups can tap into. Lava is essentially an rpc and indexing layer for chains. Data-accessing is in many cases fragmented and so by using the Lava network, chains can ensure easy and fast data-access for users and developers."
Fees
Upgrades
Staking
LAVA holders are incentivized to stake their tokens to secure Lava while receiving a reward in return. Validators earn LAVA from the creation of new blocks and the transaction fees, and on the other hand - slashing may occur to punish bad actors, all facilitated by Tendermint's consensus protocol.
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Their Other Projects
Roadmap
- Can be found here.
Revenue
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
Funding
- Raised $15M from Hashkey, Tribe Capital, Jump, Quiet, North Island Ventures, Node Capital, Finality, Chorus One, Protocol Labs, Keplr, ChainLayer, StarkWare and more (15-2-2024).
Partners
(:
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