Emin Gun Sirer describes the Avalanche protocol

[PunishmentOfLuxury]

Ava Labs: Avalanche and the Future of Blockchain Protocols

NB: You wil need to register (free) to view the video.

Quote

Santiago Velez, entrepreneur and digital asset investor for Block Digital Corporation & AD, Inc, welcomes Emin Gün Sirer, CEO & founder of Ava Labs, Inc., to discuss his journey into crypto, the creation of the Avalanche protocol, and the future of the blockchain ecosystem. Sirer explains different consensus protocols and their uses within advanced blockchain systems. Specifically, he argues that the Avalanche protocol, created by Ava Labs, is faster and more efficient than classic and Nakamoto protocols because it is easily scalable and requires less energy than Bitcoin mining. Aiming for Avalanche to digitize the world’s assets, Sirer believes that it can accomplish this as it is a faster, environmentally friendly protocol, providing flexibility for virtual machines and improved control over the network. Filmed on June 2, 2021.

 

[Seoulite]

This guy thinks Flare is a fork of Avalanche:

 

[PunishmentOfLuxury]

1 hour ago, Seoulite said:

This guy thinks Flare is a fork of Avalanche:

 

I'm not clever enough to tell them apart.

[Seoulite]

25 minutes ago, PunishmentOfLuxury said:

I'm not clever enough to tell them apart.

I’m not sure on the technical specifics of avalanche consensus but more generally the Avalanche blockchain uses Proof of Stake while Flare uses Federated Byzantine Agreement. There are also some other differences. In any case it is disappointing to see his reaction but not surprising. Flare is a direct competitor. A lot of people are gonna have their noses put out of joint when Flare fully launched.

[brianwalden]

3 hours ago, Seoulite said:

This guy thinks Flare is a fork of Avalanche:

 

These statements are both true.

[Seoulite]

23 minutes ago, brianwalden said:

These statements are both true.

How can that be if Flare says what he says is incorrect? One of them has to be incorrect, no?

[brianwalden]

59 minutes ago, Seoulite said:

How can that be if Flare says what he says is incorrect? One of them has to be incorrect, no?

Flare is a fork and Flare has made significant changes. The two statements aren't mutually exclusive.

I'm counting the word "just" as rhetoric, it's made to make Flare look bad but not deliver any substantial content. If you're interpreting it to literally mean "only and nothing else" then I agree with you.

[thinlyspread]

I'm still trying to find a good explainer of the consensus mechanism Avalanche uses to make it so goddam fast with finality. I had assumed XPRL would be the most efficient method with the 3-4 sec lag necessary for the consensus to finish making rounds etc, with enough time added for slower nodes to synch. How on earth does Ava get around this and do it in under 2 secs?! The white paper is hurting my brain so I'll try tomorrow with a clear head and cup of coffee. 

[BillyOckham]

52 minutes ago, thinlyspread said:

I'm still trying to find a good explainer of the consensus mechanism Avalanche uses to make it so goddam fast with finality. I had assumed XPRL would be the most efficient method with the 3-4 sec lag necessary for the consensus to finish making rounds etc, with enough time added for slower nodes to synch. How on earth does Ava get around this and do it in under 2 secs?! The white paper is hurting my brain so I'll try tomorrow with a clear head and cup of coffee. 

I probably shouldn’t comment because I know next to nothing about Avax.

But if they use proof of stake as mentioned above then consensus can be very fast because you only need the big owners to agree and that’s over the line.

Federated Byzantine Agreement (hope I got that name right) requires a larger collection of responses and so is likely to be slower.

Just a peanut gallery comment…. I could easily be wrong.

[NightJanitor]

2 hours ago, thinlyspread said:

I'm still trying to find a good explainer of the consensus mechanism Avalanche uses to make it so goddam fast with finality. I had assumed XPRL would be the most efficient method with the 3-4 sec lag necessary for the consensus to finish making rounds etc, with enough time added for slower nodes to synch. How on earth does Ava get around this and do it in under 2 secs?! The white paper is hurting my brain so I'll try tomorrow with a clear head and cup of coffee. 

What's the rush?  (If there is one, lmk;  I do my *best* work on Labor Day, naturally - but, you know, have to prioritize - only ~24 hours in a day, some people say.)   (The real question is what trades they may've made, engineering-wise, in order to ..."achieve?"... uhm, well, "get" that speed is maybe better - and at what cost(s)?)

Edited September 5, 2021 by NightJanitor
"It's like the sound of electric guitar..."

[brianwalden]

From what I've seen on pure specs Avalanche may be a hair faster and have a hair higher throughput than Solana, whose native token has been on a tear lately. We'll see when these networks get the real world usage of the really high volume networks. I'm curious to see how Flare will compare to Avalanche.

[thinlyspread]

11 hours ago, BillyOckham said:

But if they use proof of stake as mentioned above then consensus can be very fast because you only need the big owners to agree and that’s over the line.

Federated Byzantine Agreement (hope I got that name right) requires a larger collection of responses and so is likely to be slower.

No that's actually very helpful, thanks. I like to try to boil things down to the simplest possible tweet-length explanations before looking into a concept more closely anyway. I figure, if you can't explain the basic idea in a few sentences, it's not worth diving into.