Thread by @e_Koush

#Bitcoin Nakamoto Consensus is revolutionary and the publication of #Avalanche Consensus in 2018 was also groundbreaking

Yet both protocols have their own strengths and weaknesses

We asked: what if we could use their unique properties to compliment each other?
#Web3 #Blockchain

In simple terms, #Bitcoins Nakamoto Consensus keeps a "written history" that is secure and fully trustless, but inefficient 📜

#Avalanche is efficient & fast at keeping an "oral history" that is unfortunately only trustless if you are there in the moment to witness it 🗣️

Here comes #eCash🌐 and its mission is to scale, massively. Since the beginning of the project, the development team has declared what is necessary to achieve this

One item needed, is "Pre-Consensus". It would enable fully secure settlement of transactions within seconds...

It would also allow efficient coordination between miners, who wouldn't be dependent on Nakamoto's inefficient communications anymore

They could share information and compute over the entire 10 minute block finding process, instead of only the last second after a block was found

Imagine a group of miners still writing down all the necessary transaction history as always

But in between that, they are free to share what they are writing by talking to each other and coordinating a shared block template which will be propagated, by whoever finds it first

When the Avalanche whitepaper came out in 2018, #eCash🌐 development team has immediately started on implementing it on top of the eCash Nakamoto consensus from scratch (not connected to AVAX)

As explained above, it doesn't replace the core Nakamoto consensus, but compliments it

We have our cake and eat it, too as we are now having the perfect combination of all strengths of both Nakamoto and Avalanche Consensus

But also have both protocols negate each others weaknesses!

This is a groundbreaking approach at fixing the "Blockchain Trilemma"

Along with our self-funding mechanism and further scaling milestones, some of which will utilize #AvalancheIntegration on #eCash🌐 as its foundational technology

We'll have a neutral, trustless, scalable, efficient and super secure #crypto-network

A real #blockchain innovation!

#eCash🌐development team (@Bitcoin_ABC) doesn't take shortcuts, undermining their decentralization principles

Yet, they're open for necessary innovation, implemented with #XECellence and efficiency despite being a small team with less resources than the usual corporate-coins