Topic: 📢 AVA - From the Creator of the 1st PoW Coin 📢 - page 2. (Read 4210 times)

Is this Avalanche project? Name of this thread should be fixed I think and added full name of the project. As people can misunderstand. By Ava tocken ticker on Coingesko is another project (Travala). And Avalanche has AVAX token ticker.

Some latest news from Avalanche:
 
https://medium.com/renproject/october-development-update-34748b3b31e7 - REN October Development Update where they are talking about "Support for Avalanche and other chains that have been proposed in the Multichain repository."

https://www.binance.com/en/blog/421499824684901134/ - Binance Learn & Earn $20,000 Avalanche (AVAX) Giveaway

And also for the last month there was many partnerships with Node providers. Where you can start your AVAX node with several clicks. One here https://twitter.com/bloqinc/status/1320774915159695362 and another here https://twitter.com/Allnodes/status/1319308296113840130

Blockchains have been like an individual channel on terrestrial tv...cool for its time but limited in so many ways.
AVAX is like the internet, it can host every individual Blockchain channel, allow them to do so many extra things and more.


https://emcs1974.medium.com/avalanche-project-subnets-and-their-power-eadb84953e8 - great read , we need more Subnet info/ideas please.


Once people realise how powerful this Subnet AVAX tech is, they will be blown away with the possibilities.
Copy over entire Blockchains is one thing that is happening but there is so much more.

The world of finance is one that i think of.
Imagine Banks making Subnets with their own rulesets with their own coins(KYC,ZKSNARKS,smart contracts etc), and then subnets of different banking areas with different Subnet coins.
Then other Banks making their own Subnet coins with different rules but can easily talk (interoperable) with other Banks Subnets.

https://explorer.avax.network/tx/bD5HqKUp8GZeys5ckkNqrAYAJBdgs6G2gK8otGMmyuY2oHfbK
3 different assets sent to different users in 1 tx!!!
 

Check this out 


https://twitter.com/cgcardona/status/1319047890220634112
Gabriel Cardona
@cgcardona
·
18h
Avalanche makes it trivial to send multiple token types in 1 transaction.

Here's sending AVAX, SCBY and BTAX all in 1 transaction.

VALIDATORS 573
573 ACTIVE
VALIDATION STAKE
235,074,964.03 AVAX
235,074,964 ACTIVE

DELEGATIONS 2,135
2,135 ACTIVE

DELEGATED STAKE
43,736,150.47AVAX

78% of AVAX is being staked. 


There is not much AVAX for sale
 i expect the price to jump up a few legs very soon.

https://medium.com/avalabs/avalanche-101-an-overview-of-the-internet-of-finance-7cdc5a2bee4

Start watching and learning....
https://www.youtube.com/watch?v=6TawnE7_uDc
MoneyDance Day 3
Chainlink with AVAX


Also ...
AVAX is now on Ledger 

Im sure you can, when? im unsure maybe now i dont know.


Heres some info for some really cool stuff ....

https://docs.avax.network/v1.0/en/core-concepts/overview/

What are Subnets
A Subnet, or Subnetwork, is a dynamic set of validators working together to achieve consensus on the state of a set of blockchains. Each blockchain is validated by exactly one Subnet. A Subnet can validate arbitrarily many blockchains. A node may be a member of arbitrarily many Subnets.

A Subnet manages its own membership and it may require that its constituent validators have certain properties. This is very useful and we explore its ramifications in more depth below.

There is a special Subnet called the Primary Network, which validates Avalanche’s built-in blockchains. All members of all Subnets must also be a member of the Primary Network. In order to become a member of the Primary Network, one must stake some AVAX tokens. The upshot is that all validators of all blockchains must also validate Avalanche’s built-in blockchains and must have staked AVAX tokens.

Compliance
Avalanche’s Subnet architecture makes regulatory compliance manageable. As mentioned above, a Subnet may require validators to meet an arbitrary set of requirements. This may include compliance requirements, such as:

Validators must be located in a given country
Validators must pass a KYC check
Validators must hold a certain license

https://docs.avax.network/v1.0/en/tutorials/create-a-subnet/

https://docs.avax.network/v1.0/en/tutorials/create-a-blockchain/


https://docs.avax.network/v1.0/en/transaction-fees/
Different types of transactions require payment of a different transaction fee. This table shows the transaction fee schedule:

| Chain    : Transaction Type  | Transaction Fee (AVAX) |
+----------+-------------------+------------------------+
| P        : Create Blockchain |                   0.01 |
+----------+-------------------+------------------------+
| P        : Add Validator     |                      0 |
+----------+-------------------+------------------------+
| P        : Add Delegator     |                      0 |
+----------+-------------------+------------------------+
| P        : Create Subnet     |                   0.01 |
+----------+-------------------+------------------------+
| P        : Import AVAX       |                  0.001 |
+----------+-------------------+------------------------+
| P        : Export AVAX       |                  0.001 |
+----------+-------------------+------------------------+
| X        : Send              |                  0.001 |
+----------+-------------------+------------------------+
| X        : Create Asset      |                   0.01 |
+----------+-------------------+------------------------+
| X        : Mint Asset        |                  0.001 |
+----------+-------------------+------------------------+
| X        : Import AVAX       |                  0.001 |
+----------+-------------------+------------------------+
| X        : Export AVAX       |                  0.001 |
+----------+-------------------+------------------------+



This is just a fraction of what makes AVAX special....
I hope after this you can now appreciate why AVAX is revolutionary.

Will they have Zero-knowledge proof (private protocol which use Zcash) and smartcontracts (like Ethereum) together? And when this will be implemented (I mean year - this or next or... )?

What can you do?
https://www.avalabs.org/

Launch customized blockchains, private & public
With Avalanche, you can deploy blockchains that fit your own application needs. Build your own virtual machine and dictate exactly how the blockchain should operate.
Create and trade digital assets
‍
Avalanche enables the launching of smart assets or digital representations of real-world-assets that obey special parameters and trading restrictions. Better than any other platform.
Build scalable smart contracts and dapps
‍
By leveraging the Avalanche protocol, developers can launch smart contracts that confirm in a second and scale to thousands or millions of validators, far beyond any other blockchain platform today.
Solutions
Key features

High performance
Avalanche finalizes transactions in about a second and clears thousands per second. This makes high-volume P2P payments and asset transfers a reality.
Scalable and secure
The platform can accommodate thousands to millions of participants. The protocol is green and sustainable, and there is no mining. You probably already have the hardware required to join the network.
Flexible and customizable
Each blockchain launched on Avalanche can define its own core logic and validator set. This means compliance and privacy by default.
Why Avalanche?
For Developers
Avalanche enables the deployment of new blockchains with their own virtual machines, validator sets, scripting languages, legal compliance rules, and more.
Avalanche supports all existing Dapps written in Solidity, with higher performance and much quicker finality.
1) Smart Assets and Contracts
These are powerful processes that autonomously interact with other assets based on internal business logic. These processes have the ability to monitor and automatically react to specific network changes.

2) Subnets
In just a few steps, you can provision new private, public, permissioned or permissionless blockchains, called subnets.

3) Flexible, Composable VMs
We introduce the concept of Avalanche Virtual Machines, which enable developers to easily launch blockchains with a wide array of application-specific features.

Hey, thanks for reading my thoughts, you missed a bit so i added.
Also researching AVAX is more than just reading my comments  
Avalanche democratizes financial markets and bridges all blockchain platforms together into one interoperable ecosystem.
‍Build your own custom blockchains or digitize any assets with arbitrarily complex rulesets.
There is the instant finality, decentralized scalable blockchain, Subnets, Next gen Consensus and more.

Whats revolutionary new has Avax? yes, I read your thoughts.


But this have almost every blockchain nowdays (at least a lot of them): create tokens, validate, fast TXs etc.

We have already 527 active validators in MainNet. And there would me much more nodes if Binance wouldn't close it's withdraw for AVAX. Coz many paople were buying coins to run their nodes. Binance opened withdrawals only today.

Btw price recovered pretty fast from 3.2$. This is good sign  

They say they are all about tackling the toughest problems decentralized finance faces. How do they plan to straighten up the mess Maureen O'Hara created by hitting on senior chief-in-commander Asam Sanders? 80 yo marasmus owner, she still found the time to dally with Mr. Sanders. She created opportunities for him to run after, in her age, unbearable.

Well i guess you still have alot to learn about AVAX since you think its not something revolutionary new in crypto.
As time passes you will see what AVAX can do that others cant.

You can find the information you seek in the links i provided in my first reply, which i thought you would have read before commenting.

Well, but you cant compare ETH and Avalanch. Ethereum was something revolutionary new in crypto. And they raised 18 mln in total (much less than Avax).
Where I can see full distribution schedule of all tokens (private sale. public sale, minted tokens) ?

Can AVAX revive the dream?

Many who have been in crypto from the early days will remember how BTC was being used as a currency.
Then around 2013 BTC failure to scale, slow to send, low throughput and high fees caused alot of problems.
Merchants, businesses that had embraced BTC as payments began to leave.

The people that dreamt crypto would bring us all economic freedom from the banks that fund wars with the petrodollar moved on to other projects and began looking at new use cases...
Evolving the Blockhain tech but imo while this has been happening the original dream was being sidelined to accommodate regulations and big business.

Solving the crypto trilemma was key before we could go back to the dream....and its now solved.

AVAX is capable of so much, it can host stablecoins, CBDCS, securities and alot more, its such a versatile platform.
....but it also has the power to be used as a currency.
It can pick up where Bitcoin left...many other coins have tried, i have followed alot of them but they all failed, some with poor tech, unable to scale ,weak governance or something else.

I have already brought on a few merchants and will bring on more, just like i did with BTC back in 2011.

We have all learnt from the past mistakes and have improved our financial knowledge worldwide.
We have analysed systems such as SWIFT, VISA, BTC and have built tech that far surpasses what they can do in a decentralized manner.

AVAX can act as a currency due to, its scalability, its low fees, and instant finality which is ideal for merchants and users globally.

AVAX can revive the dream.
 

Hands down...the easiest call since Ethereum

It's at 100 rank on CMC.....yes I agree....with the tech and the dev team....and the fact that they are working with leaders in the industry....

....it's LITERALLY an ROI gift at this price

I agree with you that AVAX has more room to grow and it will grow. Anyone who dives in and do some research can see how serious the project and people behind it are. I understand the concern though, coming from people who are short term investor looking for quick profit and so these questions come out, but for long term investor this is DCA coin, very easy decision.