1/ Thread on $AVAX Subnets 👇👇👇
Keeping it simple, why are subnets a game changer, not only for #AVALANCHE but for every #Cryptocurrency future and present.
2/ This morning I thought about Roger Bannister, the man who broke the “4-minute mile” in 1954.
No person in history believed a human being could run a mile under 4:00.0.
Yet at age 25, Roger opened up the floodgates for more than 1,400 athletes.
Each one successively improves on his time.
There are moments in history where a “Change Agent” comes into play.
Completely overhauling how we do business, see the world, and interact with each other.
4/ Based devs over at @avalabsofficial have introduced #Subnets, a major improvement to horizontally scale $AVAX.
In this thread I won’t go over everything, please listen to this episode of @SubnetShow to receive specifics.
5/ Basically, a subnet:
1.Scales horizontally.
2. Allows creators easy tools to build on $AVAX.
We’ll be exploring just these two topics in this thread.
Before we do,
Q: What actually is a subnet?
A: Subnets are dedicated virtual blockchains.
6/ Primarily, we all use the C-Chain. This is where all EVM based DAPPs are built on.
From @traderjoe_xyz all the way to @chikn_nft.
#NFTs, #DeFi, Gaming, all hosted on this singular C-Chain.
7/ Now everyone here knows, if a trendy #NFT project is #minting, the gas fees across the C-Chain becomes expensive.😖
This is because we are all on the same chain.
With subnets, we can allow #NFTs on their own subnet, unlimited for every other sector here as well.
8/ Now the magic 🎩 is just beginning.
Not only can we allow SINGLE #Dapps their own subnet, but we can also allow ENTIRE blockchains their own subnet as well.
This is where the excitement kicks in hehe.
Everyone is familiar with #Solana, #Cardano, #Cosmos, and #Luna.
10/ Great chains with their own chads and ecosystems.
$AVAX has built easy tools for these #blockchains to port over their entire network, DAPPs, NFT’s and ecosystems.
Within their own subnets, hosted on #AVALANCHE.
11/ Example:
Let's say #Bitcoin wanted to have the same transaction speed ⚡️ as $AVAX.
(Processing over 4,500 transactions per second!)
Then they could literally launch the ENTIRE #BTC network on $AVAX without any hiccups.
This is the power of subnets.
12/ Remember we talked about horizontal scaling?
There is an infinite number of subnets, available for developers of every chain to build on.
Name a blockchain. Yes! Even that chain could be ported to $AVAX depending on the developer's willingness to build here.
13/ This is a billion-dollar opportunity for every blockchain who reached success. As they can duplicate their achievement on $AVAX.
Imagine all your favorite #Ethereum DAPPs over on $AVAX with our low gas fees.
This grassroots effort can blossom into a forest with more devs.
14/ To grasp the magnitude of $AVAX, examine at the value added from @avalabsofficial to the entire metaverse.
I thought $AVAX was just another $ETH competitor but now I understand this is the web, connecting all $ETH competitors.
15/ Want to get involved?
Start by applying for a career at @avalabsofficial website:
boards.greenhouse.io/avalabs
There are positions available for business management, developers, and marketers.
Learn more by following giga brain devs @cgcardona , @das_connor
16/ Podcast: @SubnetShow
Subscribe today for upcoming alpha on YouTube:
youtube.com/channel/UCG2jV…
Follow @BubbaCrypto23 for more $AVAX alpha straight to your twitter feed.
Live subnet use case released today from @PlayCrabada
Will use $TUS as the main currency.
Giga Brain Alpha:
Detailed thread on by @das_connor
on subnets.
Should answer all questions about functionality and effectivity.
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