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.
Chart via Binance
Coincost shows the AVAX IOU slowly dep...
ELI5 AVAX Coin
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...
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 profe...
Who is Emin Gün Sirer?
Dr. Emin Gün Sirer is a computer scientist based in Ithaca, New York. While a professor at Cornell University, he also currently leads the AVAX Avalanche cryptocurrency developme...
AVAX Staking tutorial – How to begin staking Avalanche
The AVAX public sale, which closed on July 15 2020 after just a few hours, was an astounding success. Investors looking for high yields flocked to the sale, buying all U$ 42 million worth of AVAX coins in just 4.5 hours. At our latest update, AVAX price was approximately U$ 13 – a 2600% yield […]
Generate AVAX addresses and keys from a mnemonic phrase in Python
Our Avalanche [AVAX] Price Prediction [Opinion]
If you’ve been following us, then you may have read that we believe Avalanche AVAX is a 20x investment. Why, you may ask? Because we think AVAX is definitely a top 10 cryptocurrency. And, by reaching top 10, Avalanche would have gained 20x at today’s prices. But first, an important legal notice. Disclaimer Nothing in […]
avax-python – Python utils for AVAX Avalanche network exploration
avax-python is a Python library and utils for the exploration of the Avalanche AVAX network. Includes an implementation of basic AVAX API calls. Installation Clone the git repo and run scripts within the downloaded avax-python/ subdirectory. If you don’t have a git client available, you may download a ZIP archive instead. Examples Generate Random Mnemonic Phrase (Generate Wallet) From the avax-python root […]
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.
IOU means, literally, "I owe you". It's a debt acknowledgement. It's more informal than a check or promisory note. IOU's are often used to trade cryptocurrencies before they're listed on large exchanges.
A set of technologies developed by Ava Labs, which forms the basis for the AVAX Avalanche ecosystem.
Ava Labs is a financial technology startup led by Cornell professor Emin Gün Sirer
Emin Gün Sirer
Emin Gün Sirer is a Cornell professor who currently leads Ava Labs, the company behind Avalanche protocol.