AVAX Avalanche

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!

AVAX mainnet officially launched by @Gal
AVAX mainnet has launched with thunderous success! As we write this article, AVAX has gained over 620% (8 AM UTC) in the first 4 hours of trading at Binance. Volume stood at im...
ELI5 AVAX IOU? Is it the real AVAX coin? by Gal Crypto
September 22 Update AVAX mainnet has been launched and, as it turns out, IOU price was actually lower than mainnet market prices. Many had incorrectly speculated that IOU's wer...
ELI5 How AVAX validation works [Avalanche Protocol] by Gal Crypto
According to the AVAX token distribution policy, almost 50% of all AVAX in existence will go towards validator rewards (see chart at the top). Since the Avalanche protocol bur...
ELI5 What is the Avalanche Protocol? [AVAX] by @Gal
Avalanche is a proposed consensus mechanism which aims to combine the best features of previously existing protocols. If you've tried to understand the Avalanche consensus prot...
ELI5 Avalanche Consensus Mechanism Summary [Cryptocurrency consensus mechanisms] by @Gal
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 mecha...
What is the identity of “Team Rocket”, which created the Avalanche protocol? by @Gal
The Avalanche protocol family creators' true identity is, perhaps, cryptocurrency's most poorly kept secret. Or is it? Why would such a great idea's true creators want to ke...
Who is Emin Gün Sirer? by Gal Crypto
Dr. Emin Gün Sirer is a computer scientist from Cornell University. He currently leads the AVAX Avalanche cryptocurrency development team at Ava Labs. Previously he worked at ...
Who is Ava Labs? by Gal Crypto
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 profe...
ELI5 AVAX Coin by Gal Crypto
AVAX is the native cryptocurrency of the Avalanche platform. The project began at Cornell University, led by professor Emin Gün Sirer and others. According to Dr. Emin Gun Sir...
ELI5 Avalanche [AVAX] Platform Whitepaper Summary by Gal Crypto
In this post we'll summarize the Avalanche Platform whitepaper . This document is part of Ava Labs' technical material about the Avalanche protocol and its implementation....