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.
One publication found under IOU
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...
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cavax – Experimental C language tools for AVAX Avalanche exploration
cavax is an experimental implementation of C language utils for the exploration of the Avalanche AVAX protocol. Initially, cavax supports limited networking and basic passive functionality (e.g. it does not actively verify vertices). cavax listens to the Avalanche network and calls hooks that you can set up to handle each message type. Some default hooks […]
Is Avalanche safe from a Ripple-like battle with the SEC?
Ava Labs is a US-based company, founded by cryptography experts from Cornell University in NY and funded by several investors in the US. Ripple is a US-based company, founded by economists and cryptography experts from Canada and Kansas and funded by investors in the US. Notice any parallels? If you do, then you’re not alone. […]
avax-python Network Message Pipeline
Here’s a short overview of the avax-python Avalanche message pipeline. We’ve followed the reference Go implementation as closely as possible, but the Python code is still in very early development, so it’s lacking a lot of details. For example, right now the Python message pipeline is synchronous, whereas the Go implementation uses asynchronous channels and […]
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 […]
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.