Trade 24/7.
NYSE’s Michael Blaugrund explains how bringing markets onchain will make them more efficient and improve the experience for investors and businesses alike, and how Avalanche is playing a key role in this.
Avalanche Originals. Episode 2.
I first discovered Avalanche in the early months of the pandemic. I was working at a government institution, running COVID-19 PCR tests. I spent those first three months alone in a hotel room. For two years, I worked 24-hour shifts, day and night.
During those first three months, when I felt like I was about to lose my mind, I asked myself a simple question: “What is blockchain?” That question led me to Avalanche.
I could probably write a book about the six years since then. The vision I believed in back then is paying off today, and in a big way. 🔺
Wishing @el33th4xor and all the teams who helped bring that vision to life continued success. We still have a long road ahead.
Good luck to us all.
Onwards🔺
Today we announced the six research teams selected through our first Call for Research Proposals.
For some time now, we’ve been working through some of the central questions in blockchain economics: How much value does an ecosystem create? How much of it does the network capture, and what’s the right price for blockspace? And as networks mature, how should they pay for their security over the long term?
We’ve been exploring these questions in public through our economic research agenda. Now this program brings in independent researchers, affiliated with Stanford, Oxford, Imperial College London and others, to help accelerate that work and add independent scrutiny.
Getting these answers right matters.
They shape how a network sustains itself, how it rewards those who secure it, and whether the value it creates supports its long-term health. They’re questions many proof-of-stake networks face, which is why we intend to share what we learn openly.
As this industry takes on more responsibility, rigorous and independent research like this will only become more important.
Excited to work with these talented teams, and see what they find.
Vamos! 🔺
The NYSE announcement is a monumental milestone for Avalanche, but I would argue it’s an even bigger moment for our entire industry and we're excited to be a part of that progress.
Naturally, I’m proud to see Avalanche technology at the center of infrastructure being developed for one of the world’s most important financial institutions.
But scrolling through the timeline, I’m reminded of how difficult it can be for this industry to recognize progress beyond an individual’s own native ecosystem or bias.
We have spent the better part of a decade debating which chain will ultimately prevail, sometimes losing sight of what we’re actually trying to accomplish. The opportunity in front of us is orders of magnitude larger than the market we’re competing over today.
When an institution like the NYSE moves toward blockchain-based market infrastructure, it lends credibility to an entire industry that has spent years working to establish its place in global finance.
That should be celebrated, regardless of which network is involved.
I want Avalanche to win, and I’ll continue making the case for why our team and technology is uniquely suited for institutional finance. But I also recognize that meaningful progress across other ecosystems strengthens the case for all of us. The pie is infinite for all of us collectively.
We’re still early in a much larger transformation of global finance. There’s plenty of room for healthy competition without losing sight of the fact that we’re building toward the same future.
I hope we can move beyond the old tribalism and start acting like an industry that’s ready for the responsibility being placed in its hands.
Onwards 🔺
Avalanche is meeting institutions, enterprises, and innovators where they are in their onchain journey.
The industry can either continue to sit on the sidelines and lecture about the benefits of blockchains, or meet the moment and show what they can do. We're doing that.
Onwards 🔺
Trade 24/7.
NYSE’s Michael Blaugrund explains how bringing markets onchain will make them more efficient and improve the experience for investors and businesses alike, and how Avalanche is playing a key role in this.
Avalanche Originals. Episode 2.
The economics of decentralized networks deserve the same intellectual rigor as the protocols themselves.
Great to see the Avalanche Foundation bringing together researchers from Stanford, Oxford, Imperial and other leading institutions to tackle fundamental questions around validator incentives, security, and value accrual.
Introducing the six research teams selected through our first Call for Research Proposals 🔺
The teams will take on some of the most important open questions in blockchain economics.
Accelerating research already underway through our economic research agenda.
Global markets are made possible on Avalanche.
@JohnNahas84 joins @paulbarron to explain why NYSE’s move onchain validates Avalanche’s vision: giving institutions the privacy and control to build on their terms and make their businesses better.
Ava Labs President & COO @CharleyCooper01 joined @FINTECHTVglobal at the New York Stock Exchange to discuss how blockchain is moving into the infrastructure behind global capital markets.
And why Avalanche is built for this moment.