Key Takeaways
- Avalanche is the world’s fifteenth greatest cryptocurrency by market cap
- John Nahas, Vice President of Enterprise Improvement on the agency behind Avalanche, Ava Labs joins the podcast
- He chats by launching so not too long ago (2020), the bull and bear markets, making an attempt to resolve the blockchain trilemma, Avalanche’s power output, tribalism in crypto, regulation and extra
The business of cryptocurrency has not been round a very long time. Bitcoin is the grandparent of the area, and but it solely launched 13 years in the past.
However even inside this younger business, Avalanche stands out for its youth. Launched in late 2020 because the crypto bull market was starting to rage, it has swiftly established itself among the many high initiatives. At this time, it’s the fifteenth greatest coin by market cap.
On the most recent episode of the CoinJournal podcast, I interviewed John Nahas, Vice President of Enterprise Improvement at Ava Labs, the creator of Avalanche.
We mentioned the rollercoaster trip that has been crypto during the last couple of years, and the way it was to launch into such an auspicious market surroundings. After all, we additionally then chatted in regards to the latest bear market and the way this has been for the venture, in addition to crypto as an entire.
One factor I loved: pouring chilly water on the poisonous tribalism that crypto has a delicate spot for. I’ve written extensively about this partisan perspective, the “my coin is healthier than your coin” perspective that crypto has. This maximalism is one thing that irks John too, as he shortly dispelled the “ETH killer” narrative that has been floated about for Avalanche and different blockchains within the area.
We talked in regards to the technical of Avalanche, and why John believes it has solved the blockchain trilemma. John additionally touched on the power aspect of issues, a kind of add-on to the trilemma which has solely grown louder in recent times, with sure cryptos coming underneath stress for his or her massive power payments.
We additionally mentioned the gray space that’s regulation, and particularly for Avalanche, how staking could possibly be affected. John pressured the latest penalties towards Kraken had been for failures to correctly disclose, quite than towards the act of staking itself.
These are just some of the larger matters which we coated. In case you are considering Avalanche, be at liberty to pay attention.
Hearken to the podcast on numerous platforms here:
Hear on Spotify here:
Observe Avalanche: @AvalancheAvax
Discover out extra at www.avax.network/community
Observe Ava Labs: @AvaLabsOfficial
Observe John @SJohh_Nahas