Key Takeaways
- Avalanche is the world’s fifteenth largest cryptocurrency by market cap
- John Nahas, Vice President of Enterprise Improvement on the agency behind Avalanche, Ava Labs joins the podcast
- He chats by means of launching so just lately (2020), the bull and bear markets, making an attempt to unravel the blockchain trilemma, Avalanche’s power output, tribalism in crypto, regulation and extra
The trade 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 trade, 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 prime initiatives. At the moment, it’s the fifteenth largest coin by market cap.
On the newest 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 over the past couple of years, and the way it was to launch into such an auspicious market setting. After all, we additionally then chatted in regards to the current bear market and the way this has been for the mission, in addition to crypto as a complete.
One factor I loved: pouring chilly water on the poisonous tribalism that crypto has a gentle spot for. I’ve written extensively about this partisan angle, the “my coin is better than your coin” angle 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 lately, with sure cryptos coming below stress for his or her massive power payments.
We additionally mentioned the gray space that’s regulation, and particularly for Avalanche, how staking may very well be affected. John pressured the current penalties in opposition to Kraken had been for failures to correctly disclose, fairly than in opposition to the act of staking itself.
These are only a few of the larger matters which we lined. If you’re keen on Avalanche, be happy to hear.
Hearken to the podcast on numerous platforms right here:
Hear on Spotify right here:
Comply with Avalanche: @AvalancheAvax
Discover out extra at www.avax.community/group
Comply with Ava Labs: @AvaLabsOfficial
Comply with John @SJohh_Nahas
