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Browsing Concept: AVAX Cryptocurrency

AVAX is the cryptocurrency released in 2020 by Ava Labs.

The AVAX cryptocurrency is used for all transactions in the Avalanche network.

Browsing 10 results under AVAX Cryptocurrency
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 Avalanche [AVAX] Platform Whitepaper Summary
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....
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...
ELI5 How AVAX validation works [Avalanche Protocol]
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...
What is the identity of “Team Rocket”, which created the Avalanche protocol?
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...
AVAX mainnet officially launched [Sept 22, 2020]
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 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 mecha...
ELI5 AVAX Staking – How can I begin staking my AVAX?
The AVAX public sale, which closed on July 15 after just a few hours, was an astounding success. Investors looking for high yields flocked to the sale, buying all U$ 42 millio...

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