Difference between revisions of "Avail"
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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=== | ||
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* From a [https://x.com/hmalviya9/status/1749029633574756449?s=20 thread] on different [[Data availability (DA)|DA]] layers (21-1-2024): | * 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]]"'' | ''"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== | ||
Revision as of 05:06, 25 March 2024
Modular DA
Basics
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
- 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 [insert here].
- Code can be viewed [insert here].
- Consensus mechanism:
- Algorithm:
- Virtual Machine:
- Development language used:
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
"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
Other Details
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Revenue
Usage
Projects that use or built on it
Competition
"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
- 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
(:
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