Deloitte, the largest professional services firm in the world, spanning 150 countries & 20K professionals, provide consultancy & delivering solutions for enterprises, including 90% of the Fortune 500
This is not only a big partnership, but one that will enable exponentially more
2/ It can be difficult to grasp the scope of Avalanche. Even the incredible growth seen on the community side, this is still only the C-Chain, just 1 blockchain in 1 of an infinite number of subnets that are possible, Want a Bitcoin, Solana, Cardano, Polkadot, Doge etc subnet?
3/ Avalanche provides a scalable highly customisable platform whether that be new innovative tech with the ability to use any custom VM - maybe x86 VM, Privacy VM, WASM, High throughput subnets, subnets designed for data availability / ZKRollups, Regulatory compliant subnets,
4/ Application specific blockchains with zero gas fees, in addition to allowing projects from any blockchain, existing and future, to easily be ported over and benefit from the performance, decentralisation, low fees and customisation Avalanche offers and all interoperate.
5/ We are just scratching the surface of its potential, and has only been 14 months since mainnet!
1/ Funny to see all the hate from ETH maxis recently.
Their time would be better spent trying to convince users to move from Ethereum L1 to Rollups rather than attack other L1s. If they can't do that with $100+ gas fees then what does that say about the current state of rollups?
2/ "Your chain is centralised"
Avalanche doesn't compromise on decentralisation, has over 1100 validators, & its breakthrough consensus can scale the active validator set rather than limited to a small number of validators/ committee & sub second finality cryptoseq.medium.com/unlike-other-b…
3/ Meanwhile Rollups are centralised currently, permissioned networks with a single sequencer, have admin keys with a promise to decentralise later. What happened to not compromising on decentralisation? Especially dangerous considering the increased scrutiny from regulators
The Layer 1 that people are sleeping on:
✅Upcoming incentive program
✅The 1st Derivatives DEX on Cosmos
✅The 1st Central Limit Order Book DEX on Cosmos
✅One of the first EVM compatible chains on Cosmos
✅Zero Gas Fees
✅IBC Interoperability to $ATOM, $LUNA, $OSMO, $BAND
1/9
✅Bridge to Ethereum and partnered with all the main L1s with more bridges to follow
✅Fully decentralised with everything through governance
✅Front Running Resistant
✅Trade any asset - Crypto, Commodities, Equities, Forex
2/9
✅Ability to easily create your own customised DEX for institutions or retail and share liquidity through relayers
✅Incredible feedback loops - More Relayers / DEXs / Customised protocols leads to more liquidity / Volume / Users > Attracts more relayers / DEXs for fees.
3/9
1/ New Interoperability proposal for universal payment channels from Visa with multiple references to Open Digital Asset Protocol (ODAP), a protocol that Quant are collaborating with MIT, US Government, Intel, Juniper, Payment companies and Telecom companies on 👀
2/ "We've also met with payment providers, cloud providers and financial services organisations. They see the huge value of having OVN gateways to access new markets and clients and allow the OVN ecosystem across to their internal blockchains, resources and digital assets."
3/ "We're talking with one of the largest software companies in the world who want OVL Gateways to create an inter-bank network for all their financial services clients and connecting them all through their gateway to the OVN."
1/ Oracle, the 2nd largest software provider in the world is working with partners on numerous Central Bank Digital Currency implementations.
I wonder who could have partnered with them? 🤔
🧵👇
$QNT
2/ The above video is from a recent demonstration with Oracle showing how Quant's technology can be used to tokenise assets on Hyperledger Fabric / Oracle Blockchain as well as interoperate with other blockchains.
3/ Quant are one of three Fintech Partners to deliver financial services infrastructure (Quant, Hacera and R3)
Quant are enabling #interoperability of DLTs to deliver mission-critical business applications and workloads for FS clients.
1/ #Avalanche Rush has barely even begun yet and looks set for exponential growth over the coming months
With Major DeFi Blue Chip Protocols about to launch, $10 Billion+ Dollar Asset classes, Trillion dollar markets, Exchange Listings, Subnets & more
Have you bridged yet?
🧵👇
2/ Currently only @BenqiFinance incentives are live on Avalanche Rush and within 2 weeks since launching it has more attracted more than $2 Billion TVL 👀
That is more than Fantom, Cosmos Hub, Tezos, NEO, Algorand, Cardano, Polkadot, Optimism & Arbitrum COMBINED 🤯
3/ The program has barely started yet
Incentives used: Less than $1 Million
Incentives to go: $469 Million
$AVAX Price: 3x in 3 weeks
1/ Solana is good and all, but it also has its disadvantages / inflated metrics which very few people seem to talk about. In addition to the answers given to @RyanSAdams and @TrustlessState I would also add the following 👇
2/ Whilst everyone talks about the high specifications of buying and running a machine (24 cores, 128 GB Memory, 2 TB NVMe, 1 GB Network and high end graphics card) many don't realise that Solana is the only blockchain that does consensus votes on chain)
3/ Up to 80% of tps are consumed just by validators voting on consensus. Even with the cheap cost per transaction, each validator has to spend between 1 and 2 SOL every day just voting in consensus.