After a huge airdrop, another modular infra giant is about to launch and reach a billion $$$ FDV. 🚀
With the upcoming $AVAIL launch, all eyes are on @AvailProject. 👀
While the market understands Avail as a @CelestiaOrg competitor, few understand that Avail is much more than "just" DA.
The world's first modular DA layer, powered by light clients performing a validity proof based DAS mechanism, is just Stage 1 (Avail DA).
Let's explore the full vision of @AvailProject and how it aims to achieve its mission to unify Web3. 👇
Stage 2 a.k.a. Avail Nexus, is another key part of the overall @AvailProject architecture and acts as a verification hub that unifies rollups powered by shared sequencing and proof aggregation, using Avail DA as the ultimate root of trust.
In terms of design, Avail Nexus is a custom ZK coordination rollup built on top of Avail that consists of:
✦ Proof aggregation and verification layer
✦ Sequencer selection/slot auction mechanism
Nexus also submits the aggregated proof periodically to Ethereum and the @AvailProject DA layer for verification, where a custom module within Avail DA verifies the aggregate proof.
The Nexus layer is key to enable a seamless UX across rollups, regardless of whether users are interacting with a single network, navigating multiple rollups within the @AvailProject ecosystem, or even chains beyond.
This evidences @AvailProject's ambitious mission to become this primary coordination layer for verifiable (rollup-based) computation.
However, for @AvailProject to become this Web3 coordination layer, it needs to be extremely secure. This goes for the crypto-economic guarantees as well as the cryptographic ones, which ultimately define the Avail ecosystem.
To cater to that, @AvailProject is developing Fusion Security (Stage 3), which takes the native assets of the most mature ecosystems such as $BTC, $ETH, $SOL & more, allowing them to contribute to the Avail consensus as staking assets.
Not only that, but Avail Fusion also allows rollup tokens in the ecosystem to play a role in securing the base layer, adding additional utility to the tokens of projects building on @AvailProject.
The TL;DR on Fusion is:
✦ Allows the Avail base chain to incorporate non-native tokens alongside $AVAIL to secure the Avail platform.
✦ Provides increased security and added utility for tokens of rollups built on Avail.
✦ Will help bring and lock more liquidity from other blockchains into the Avail ecosystem.
Putting the pieces of the puzzle together, @AvailProject is a comprehensive and extremely secure platform that provides a single-UI that allows users to easily manage all their assets across various blockchains. Powered by cross-chain intents, users just sign an intent to seamlessly execute transactions across the entire ecosystem (and beyond).
This is powered by Avail Nexus and its support for asynchronous message passing. A system which communicates with other chains across the ecosystem to fulfill the user's request, ensuring a smooth & efficient web3 user experience.
@AvailProject = Unification.
As for the $AVAIL token, it stands at the center of the Unification layer, acting as a key staking asset and as token for fee payments.
This one will be absolutely huge anon and I expect this to evolve into a thriving ecosystem of interoperable, application- and vertical-specific execution layers quickly, which will drive an airdrop narrative similar to the one we have seen with $TIA and $DYM.
With $TIA as the main reference in terms of comparable FDV, I expect $AVAIL to trade between $5B-$10B FDV quickly, swiftly surpassing $10B once airdrop sell pressure is gone.
Good for $AVAIL holders that $TIA is gaining some momentum here again.
Technologically speaking, @AvailProject's vision is even more comprehensive though and as more products are shipped to make the unification of Web3 a reality, it is not unlikely to expect Avail to overtake Celestia in terms of valuation at some point. With the leading/pioneering role within the modular narrative that @CelestiaOrg has, this will take a while though.
Super bullish $AVAIL and will diamond-hand my airdrop for sure! 💎 🙌
How should we think about the market for coprocessors and the differences between cryptographic (ZK) and cryptoeconomic coprocessors like Polkadot cores?
I go into this in my latest article.
https://t.co/Vtn2Lttna8
A total of 127K CQT has been processed through our ‘fee switch’ mechanism on Ethereum in the month of February, marking a new phase in bringing off-chain revenue on-chain 🔄.
1/ Brevis now enables @UniswapFND hook developers to add data-driven logic at key points in a pool’s lifecycle, powered by trustless data computation of LPs’ and traders’ historical transactions: https://t.co/G1218pm9jh
The Subsquid Public Testnet has launched! 🚀
Whether you're a developer, node runner, or simply an enthusiast, there are important tasks that need to be accomplished.
Learn how to get started with our sleek, mobile-friendly, network app in today's blog: https://t.co/NZ0n0AYkry
Leading blockchain API provider @Covalent_HQ has established a channel partnership with @ChainlinkLabs.
This partnership supports #ChainlinkBUILD projects by providing them with expert mentorship, complimentary access to credits, and up to $25K in Covalent API grants.
https://t.co/Z8bXWnksoh
📢 We're excited to announce Taiko Quest — a @Galxe campaign aimed at educating users about Taiko in a fun and interactive way.
Learn how to use our ecosystem dapps, test your knowledge about ZK-rollups, and show your support for Taiko. 🥁
Here are some more details. 🧵
1/10
🤝TaskOn x Manta: Ecosystem Partnership! The next-gen Web3 collab platform @taskonxyz has onboarded the @MantaNetwork as an Ecosystem Partner!!🔐
20,000 limited Manta CAP Campaign feat. potential TaskOn token drop! FCFS👇 https://t.co/b7WWHmRPLp
⏳[1/4]
🔊Presenting the Linea Voyage: a 9-week odyssey to unravel the Linea ecosystem, build L2 knowledge, and support our mainnet launch!
Engage in weekly challenges and gather points to claim your exclusive Linea NFTs.
Ready, set, explore!
https://t.co/eGZGElZ1Kd
In Q1 2023, @Polkadot continued its path of network development and expansion.
The platform successfully onboarded six additional parachains, bringing the total to 41. XCM continued to gain adoption and utilization, and four forkless runtime upgrades were enacted.
📢Dmail Network x Manta: NPO SocialFi Partner Announcement
@Dmailofficial has partnered with @MantaNetwork to offer privacy preservation solutions to its users!🎊
Get the free OAT for the Dmail x Manta Partnership below🆓👇
https://t.co/k9WiPiQtqD
⏳[1/4]
🚀1/ Talk is cheap. Show me the code. Let’s walk through Brevis’s zkFabric and its initial implementation for Ethereum PoS, Cosmos Tendermint, and BNB Chain. We built some of the highest-performance circuits in the world.
🚀Excited to see Celer-bridged ERC20 assets on @EvmosOrg now successfully converted to IBC tokens!
🌉Users can now transfer Celer-bridged tokens across the @cosmos ecosystem!
🌈A huge thank you to @swiss_staking for leading the registration. https://t.co/D5F0uOnGsv
🚀#Celer is excited to be part of the initial batch of whitelisted projects in the fair onboarding alpha for @zksync Era∎!
🌉Bridges are now live for $BNB, $BUSD, $MATIC, and $AVAX!
🌈dApps can use Celer IM to build smooth cross-chain features as well!
https://t.co/8pdPIT3ckd
🦄🌉While joining CT debates about selecting a single bridge for @Uniswap cross-chain governance could be fun, we instead built a MULTIPLE-bridge solution to achieve the highest level of security, availability, and service quality with no vendor lock-in ♥️ https://t.co/t1WcDgXlId
1/ Today we’re excited to announce our integration with @AstarNetwork 🎉 One of the top parachains in the @Polkadot ecosystem and a multichain smart contract platform for WASM + EVM.
Let’s keep building together #UnifiedAPI 🤍
Learn more about the integration ⬇️⬇️