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CryptoCRYPTOVERSE

Ava Labs: Avalanche and the Future of Blockchain Protocols

Featuring Santiago Velez and Emin Gün Sirer

Jun 07, 2021 • 53 minutes

194

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Crypto

CRYPTOVERSE

Ava Labs: Avalanche and the Future of Blockchain Protocols

Emin Gun Sirer discusses his journey into crypto, the creation of the Avalanche protocol, and the future of the blockchain ecosystem.

Featuring Santiago Velez and Emin Gün Sirer

Jun 07, 2021 • 53 minutes

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. Key Learnings: Sirer explains the benefits of the Avalanche protocol and how it functions to make decisions. Unlike mining and voting from other protocols, Avalanche benefits from repeated subsample voting. This makes the network more robust as many participants are involved in the decision-making process, guaranteeing the veracity of the network's decision. These aspects also allow Avalanche to act as a payment and settlement system. Show More

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

In the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.

More Episodes

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