Jump to content

Emin Gun Sirer describes the Avalanche protocol


PunishmentOfLuxury
 Share

Recommended Posts

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.

 

Link to comment
Share on other sites

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.

Link to comment
Share on other sites

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.

Link to comment
Share on other sites

 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.