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Emin Gün Sirer🔺 Profile picture
@el33th4xor
Sep 17, 2020 • 4 tweets • 1 min read • Read on X
September 21st will mark the beginning of a new era for cryptocurrencies, blockchains, and decentralized applications, as we launch @AvalancheAVAX to the world: medium.com/avalabs/ready-…
Avalanche aims to follow in Satoshi’s footsteps to have the same, defining impact as we stand on the cusp of a new decade. It will create a market structure driven by velocity, efficient use of capital, and innovation in new products & services that aren't possible today.
It is the first smart contracts platform that delivers sub-second transaction finality, supports the entirety of the Ethereum virtual machine and development toolkit, and enables up to millions of independent validators to participate as full, block-producing nodes.
A sincere thank you to everyone who stood behind Avalanche. We wouldn’t be where we are today without the immense support of our families, friends, colleagues, and community.

I’ll see you on mainnet: September 21st.

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More from @el33th4xor

Emin Gün Sirer🔺 Profile picture
Apr 29
Please don't get taken in by another project that is faster at inventing new terminology than it is at transferring value. That is all.
This is especially true for projects that are trying to adopt technical terminology from the humanities.
Remember "effective altruism"? The silicon valley cover story for stealing everyone's money? The head guy, who was inventing enough highfalutin words per minute to fill a few humanities journals, just had his institute shut down, after Sam used his ideology to power fraud.
Read 9 tweets
Emin Gün Sirer🔺 Profile picture
Feb 29
1/N After much demand, it's finally here: a proposed roadmap for AvalancheGo, or how to build the future of next-gen blockchain networks by leveraging all the best components of of monolithic and modular designs into one.

Note, this non-exhaustive and requires ACP approvals! Image
2/N The roadmap is divided across three major pillars:

1. Modular programmability: Making the building of permissionless, highly customizable, sovereign chains best-in-class.
2. Monolithic performance: Increasing performance of the monolithic stack to 100K+ tps / chain

... Image
3/N ...

3. System reliability: Improvements to time to finality and overall system reliability.

For modular programmability, it is all about upgrading subnets into powerful, sovereign chains. This includes:

* Sovereign chains (ACP13)
...
Read 7 tweets
Emin Gün Sirer🔺 Profile picture
Nov 28, 2023
Is the Twitter/X app as buggy for you as it is for me?
1. I see my own tweets twice in my own threads, even though they were posted once. Clear threading error incoming recently posted tweets.
2. Sent messages seem to go into limbo for a while, until they are posted. I tried setting that send-wait period to its lowest setting but there's still a wait period. This is probably why interactions are down -- ever since @elonmusk took over, the app has become laggy.
Read 7 tweets
Emin Gün Sirer🔺 Profile picture
Nov 12, 2023
1/7 Sound ways to do fee isolation, a quick thread.

There are multiple ways to do fee-isolation on chain. For those that need a refresher, fee isolation is the idea of localizing fees based on some specific restriction that the protocol may want to enforce.
2/7 For example, one thing that can be done is if a smart contract is taking up a lot of traffic, then that smart contract will need to pay more than others.

One form of this is what Solana does. This is my understanding based on the code review (please correct me if I'm wrong).
3/7 Solana has 4 execution cores which process txs in parallel as long as they don't conflict. If they do, they form queues behind the core. The priority fee then executes txs in the order of the priority fee. It is not enforced by chain, just by the block-building heuristic.
Read 7 tweets
Emin Gün Sirer🔺 Profile picture
Aug 1, 2023
AI is upon us and the tech is accelerating at lightning speed. But AI has a copyright problem that I believe blockchain technology can help solve.
I wrote an op-ed for @Blockworks_ that identifies ways blockchains can provide transparency and fairness for how AI models capture our creativity.

Read it here:
blockworks.co/news/ai-copyri…
While these ideas are in it's infancy, there are ways distributed ledgers can ensure intellectual property rights are preserved, and attribution can still flow back to creators.
Read 4 tweets
Emin Gün Sirer🔺 Profile picture
May 24, 2023
The launch of AvaCloud addresses many challenges businesses face with blockchain technology. AvaCloud is a Web3 Launchpad and a landmark step for massive blockchain adoption.
I have spoken with businesses around the world, and one thing is clear. There is a resounding interest in blockchain technology, but primary barriers of poor user experience, scalability, and expensive start-up costs keep businesses from entering the space.
With AvaCloud, our team has automated the process of launching completely customizable, infinitely scalable blockchains using a no-code portal your parents could use. This will accelerate the opportunities for businesses of all sizes to build in Web3.

avax.network/blog/ava-labs-…
Read 6 tweets

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