Thread by @CryptoSeq

1/ Avalanche is a revolutionary consensus engine and highly customisable interoperable platform to enable mass adoption of blockchain. Capable of throughput in excess of VISA, sub-second finality, whilst able to scale to millions of validators $AVAX 🧵👇

medium.com/avalanche-hub/…

2/ Avalanche combines the benefits of Nakamoto consensus (robustness, scale, decentralization) and all the benefits of Classical consensus (speed, quick finality, and energy efficiency) without the disadvantages.

medium.com/avalanche-hub/…

3/ Ted Yin created HotStuff (used in Facebooks Libra) and is the fastest classical consensus protocol. Rather than continue to work on that he went on to be Co-founder & Chief Protocol Architect @avalabsofficial to work on Avalanche, the biggest Breakthrough since Nakamoto

4/ Speed is more than just tps, equally important is latency

Bitcoin has finality of 60 mins
Ethereum 2.0 is 6 mins
Polkadot is 60 seconds (60 mins to external chains)

Avalanche its sub 1 second, immutable and completely irreversible whilst also being able to process 4500 tps

5/ It’s pointless saying you can process more tps than VISA when it takes 60 secs for a transaction to complete.

Low latency greatly increases general usability and satisfaction, nowadays everyone expects payments to happen instantly, with Avalanche that’s now possible.

6/ Avalanche is a platform of platforms ultimately consisting of thousands of subnets to form a heterogeneous interoperable network of many blockchains, that takes advantage of the revolutionary Avalanche Consensus protocols to provide a secure, globally distributed...

7/ , interoperable and trustless framework offering unprecedented decentralisation whilst being able to comply with regulatory requirements.

Every blockchain has their advantages and disadvantages and that is why the Avalanche platform is designed to be a highly ...

8/ customisable, heterogenous interoperable platform of many different blockchains and subnets to enable projects to meet their requirements rather than having one blockchain / protocol across many shards trying to appease to every use case and ultimately having to compromise.

9/ Avalanche was built with serving financial markets in mind. It has native support for easily creating and trading digital smart assets with complex custom rule sets that define how the asset is handled and traded to ensure regulatory compliance.

medium.com/avalanche-hub/…

10/ The assets could represent financial instruments such as equities, bonds, debt, real estate, or anything else. Offering the best place to build DeFi applications but also the traditional finance market, where the derivatives market alone is worth a staggering $800 trillion.

11/ Avalanche's Primary Subnet consists of 3 Blockchains, the X-Chain, P-Chain and the C-Chain

The X-Chain acts as a decentralized platform for creating and trading smart digital assets. Assets created can be Fixed Capped, Variable Cap, NFTs and recently introduced in the ...

12/ Apricot Upgrade, Freezable Assets. This is important for use cases such as compliant trading of securities, where regulation requires that an asset is locked for a period of time, before being able to trade on secondary markets. The potential market size for this is trillions

13/ Any exchange that supports $AVAX can instantly support any asset created on Avalanche.

The P-Chain is the metadata chain and co-ordinates validators, keeps track of active subnets, and allows for the creation of new subnets.

14/ Avalanche's C-Chain is a smart contract chain that uses the EVM and is 100% compatible with existing Ethereum tooling. Everything you can do on Ethereum you can do on the C-Chain with the added benefit of 1000's of tps, sub-second finality and low fees.

15/ Existing Ethereum DAPPs can easily be ported over and use all the existing tooling such as Metamask / Truffle etc making it easy for existing Ethereum developers to build on Avalanche.

16/ In addition to building assets and smart contracts on existing blockchains within the primary subnet, anyone can create their own blockchain using a custom virtual machine - whether that be AVM, EVM, WASM, Privacy VM etc. Any can be built on top of the Avalanche consensus

17/ Existing blockchains can port their existing state over to Avalanche, swapping out their consensus for Avalanche to provide high speed, security, low finality, and decentralisation Avalanche offers, whilst also have fees and staking rewards in their existing native token.

18/ All validators have to validate the primary subnet, additional Subnets manage their own membership and it may require that its constituent validators have certain properties such as requiring them be located in a given country, passing a KYC check or holding a certain license

19/ Multiple bridges are being released soon to connect to other ecosystems, enabling tokens from other ecosystems to be ported over to provide universal composability

https://twitter.com/kevinsekniqi/status/1326552089871278083?s=20

20/ Pangolin, a DEX built on Avalanche using the AMM of $UNI and capable of trading all tokens on Ethereum and Avalanche

Using Avalanche's 4500 tps, sub second finality, low fees and a governance token which is 100% community driven for Next-Gen DeFi

pangolin.exchange/litepaper

21/ Polyient Games, the unique investment ecosystem dedicated to the non-fungible token (NFT) asset class is building the Polyient DEX on Avalanche for trading of NFTs across all blockchain ecosystems.

medium.com/polyient-games…

22/ An Ethereum Genesis holder who bought $ETH at $0.3111 had hands of steel whilst the price soared to highs of $1433, a 4606x on their investment

Everyone has their limits though and sold a 1/3 of their ETH to participate in the $AVAX ICO (max allowed)
etherscan.io/address/0xd9b7…

23/ Avalanche not only has superior tech, but it also has the tokenomics to match

Unlike most other staking platforms which have an unlimited supply and continuously increase their supply at a compounded rate, Avalanche has a fixed capped supply of 720 million, creating scarcity

24/ Transaction fees across all the blockchains in the Primary network, fees for creating and minting of assets, creation of blockchains and the creation of subnets are all paid in AVAX which are burned adding deflationary pressure.

medium.com/avalanche-hub/…

25/ Earn 11.54% per year staking $AVAX running a node, there is no risk of slashing and losing your funds like other staking protocols. Perfect for anyone regardless of technical knowledge to be involved and part of an ecosystem that will change the world

https://twitter.com/CryptoSeq/status/1334935721090617344