Subnets allow enterprises to fully customize their network, and build in compliance layers, such as KYC checks. This allows regulated financial institutions to benefit from public, permissionless blockchains, while still navigating regulatory considerations.
2️⃣ Benefits of a Broader Network
Building on an Avalanche Subnet gives enterprises the foundation for a high level of decentralization, while inheriting all the infrastructure and tooling that comes from a highly interoperable Avalanche ecosystem.
3️⃣ High Performance
Subnets are scalable, fast, and inexpensive to deploy. Enterprises can leverage the performance benefits to give users a better experience from day 1, minimizing transaction costs, optimizing for efficiency, and delivering a product tailored to the end user.
"Finance powered by DeFi rails’’ will eventually become just, ‘’Finance’’.
The design and performance of the Avalanche network provides the foundation that aims to make financial systems faster, more efficient, and more accessible.
This is the future of democratizing finance.
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Introducing a brand new Avalanche app for @Ledger devices and Ledger Live!
The latest Avalanche Ledger and Ledger Live apps are fully rebuilt from the ground up to ensure that storing crypto assets and using Avalanche dApps is as easy as possible. /🧵
The new design for the Ledger Avalanche apps focuses on getting you quickly to your desired action while keeping crypto assets & NFTs secure.
The update improves the experience for signing P, C, and X-Chain transactions, validation and delegation, and connecting to Subnets.
These improvements to the Avalanche @Ledger apps greatly reduce the time spent on troubleshooting the device and put Ledger owners directly in the action.
Now, seamlessly connect your Ledger device to @coreapp wallet, using multiple derivation paths.
#Avalanche Warp Messaging (AWM) is here–bringing fast, native communications to all Subnets.
🔺 Build your own VM and interoperate with other Subnets
🔺 Compound dApp capabilities by messaging contracts on other Subnets
🔺 No reliance on Bridges
🔺 More! medium.com/avalancheavax/…
2/ Today, Banff 5, the final AvalancheGo release of 2022, is live.
Banff 5 enables Subnets to easily communicate with each other and creates a natively composable blockchain-enabled ecosystem. github.com/ava-labs/avala…
3/ AWM enables key capabilities:
1. Allows any Subnet validator to attest to the validity of an arbitrary message, verifiable by any other Subnet
2. Enables customizable messaging rulesets for Subnet validators, allowing them to choose which Subnets to accept messages from.
.@coreapp continues to level up with more essential features!
Today, Core browser extension integrates @coinbase Pay, offering Core users another easy-to-use way to go from cash to dApps. medium.com/avalancheavax/…
2/ @coinbase provides crypto trading services for over 100 million users globally.
If these customers wanted to use dApps, the path from cash to dApp is often unclear depending on what service you use for cash on-ramps.
3/ Going from cash to dApp can be done quickly and directly from the @coreapp wallet.
@coinbase customers can seamlessly transfer crypto to Core, and use their existing accounts to convert cash to crypto.
The Avalanche Foundation remains financially strong during this difficult time.
A quick thread with more details 👇
2/ Our hearts go out to everyone adversely impacted by the current situation. We hope everyone is able to recover their assets.
3/ The Avalanche Foundation works with many counterparties for financial activities, including TradFi firms, CeFi players, and DeFi protocols. We strongly believe in risk management, due diligence & “not your keys, not your crypto”, and act in accordance with these principles.
Congratulations to the Avalanche Tech Prize winners at @CalHacks, the world's largest collegiate hackathon, hosted at @UCBerkeley during #AvalancheCreates!
Imagine a future where, say, @Nike, running their own loyalty chain on a Subnet, decide they want to automatically reward members who recently purchased an @FCBarcelona NFT on @opensea.
Banff 1 is the upgrade that makes this potential use case possible /🧵
Banff 1 (AvalancheGo v1.9.1) brings us one step closer to seamless Subnet interoperability with the introduction of VM2, a communication channel for VMs to message each other.
VM2 is a building block for Subnet interoperability, and makes it easy for a virtual machine to interact with any other virtual machine running on the same node, like the C, X, or P-Chain.