See Also
ELI5 What is the Avalanche Protocol? [AVAX]
Avalanche is a next generation, post-Nakamoto consensus mechanism which was designed to incorporate the best features of previously existing protocols and add some of its own. Note: Avalanche is both the name of a consensus mechanism and the name of the DeFi platform that was built on top of it. Today, the term Avalanche refers […]
How to buy Bitcoin near me?
If you feel insecure about purchasing Bitcoin through virtual channels, a personal contact can go a long way in helping you break through the toughest barrier for new crypto investors: making the first Bitcoin purchase! The main issue faced by newbies is to wrap their head around the fact that Bitcoin is 100% virtual. You […]
Generate AVAX addresses and keys from a mnemonic phrase in Python
While playing with AVAX programming in Python, I wanted to have some wallet functionality on the Linux command line. It’s easily done from Javascript, since Ava Labs provides an official library, but this specific application required Python and I really didn’t wanna mix the two languages (although it’s perfectly fine if you do). You could […]
ELI5 How AVAX validation works [Avalanche Protocol]
According to the Avalanche 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 burns all fees, the only source of inflation in the AVAX ecosystem is the validation reward. This presents a great opportunity for those who join the […]