In this section we document the innovative Avalanche protocol, which is developed by Ava Labs.
Avalanche is a new class of consensus mechanism which promises very fast consensus and throughput of thousands of transactions per second.
AVAX coins, released by Ava Labs, can be staked like other Proof of Stake coins, which is a big attractive for cryptocurrency investors.
Follow this section for Avalanche news, technical documents and easy ELI5 tutorials!
Scrape AVAX network peers using avax-python
P2P networking is the single most important technical functionality in all cryptocurrency implementations. The decentralized nature of Bitcoin, AVAX, Ethereum and others requires ...
ELI5 AVAX IOU? Is it the real AVAX coin?
November 2020 Update As of November 18, AVAX price has remained remarkably stable – for cryptocurrency standards. Coincost shows the AVAX IOU slowly depreciating, although it’s unclear how much volume is being traded at these prices. September 22 Update AVAX mainnet has been launched and, as it turns out, IOU price was actually lower than […]
ELI5 Avalanche [AVAX] Platform Whitepaper Summary
In this post we’ll summarize the Avalanche Platform whitepaper [PDF]. This document is part of Ava Labs’ technical material about the Avalanche protocol and its implementation. Since the paper goes into high detail, we’ve summarized it ELI5 style to give you an overview of how the official AVAX implementation works. The Avalanche platform whitepaper focuses […]
ELI5 Avalanche Consensus Mechanism Summary [Cryptocurrency consensus mechanisms]
A new class of consensus mechanism called Avalanche is being actively developed by Ava Labs, a startup founded by researchers from Cornell University. This new consensus mechanism is completely different from most systems we’ve reviewed until now. Avalanche works by randomly polling peers and comparing its own “opinion” to that received from the sample obtained […]
Who are Ava Labs?
Ava Labs is a Brooklyn, New York-based research and development company currently developing the Avalanche platform and AVAX cryptocurrency. Ava Labs is headed by Cornell professor Emin Gün Sirer, whose team is developing next generation cryptocurrencies. Founded in 2018, Ava Labs has been funded by Andreessen Horowitz, Initialized Capital, and Polychain Capital, with angel investments […]
Concepts In This Page
Avalanche is a consensus protocol introduced by Rocket Team in 2018.
It is an entirely new consensus protocol which builds upon classic consensus and Nakamoto consensus.
AVAX is the cryptocurrency released in 2020 by Ava Labs.
The AVAX cryptocurrency is used for all transactions in the Avalanche network.
Ticker symbol for the Avalanche AVAX cryptocurrency.
A set of technologies developed by Ava Labs, which forms the basis for the AVAX Avalanche ecosystem.
Blockchain, cryptocurrencies and digital compliance in general.
Articles about government oversight and regulation of decentralized financial markets.
Ripple is the name of the company which develops RippleNet and the XRP cryptocurrency. The name has come to mean XRP for all practical purposes.
The Securities and Exchange Commission is an independent agency of the US Government, in charge over overseeing good practices in the investment and banking sectors.
Validation is the process by which AVAX transactions get verified by the P2P network. Similarly to what happens in PoS coin staking, validation generates returns for both stakers and validators.