Charlie G.

🔺 A BRIEF HISTORY OF AVAX 🔺 -> 2 mins read piece, feel free to check it now or bookmark for later :) For those who know me, I've always existed in the Ethereum space for most of my time in here. With the advent of @starsarenacom I was for the first time directly and forcefully exposed to AVAX and the broad Avalanche Ecosystem! This made me start appreciating, reading and researching into it. Then I thought others would probably be in a similar position, and some probably want to know a bit more about it but don't have the time to go around searching. So I summed it up in a short read! If that's you, here we go -> who created @avax , when, and what's cool about it? • Foundation: Developed by Emin Gun Sirer, aka @el33th4xor , co-founder and current CEO of Avalabs, the organization behind @avax / avalanche blockchain. Emin is a Turkish-American computer scientist, who was an associate professor at Cornell University, and former co-director of the Initiative for Cryptocurrencies and Smart Contracts (IC3), a global organization connecting world-renowned universities around crypto. Emin was awarded the NSF career award, the most prestigious NSF award for junior faculty in the US. As a researcher and PhD myself, I can vouch for how valuable and highly competitive these type of grants are! -> Dope fact: Emin and co-authors proposed Karma as a safer virtual currency, the first peer-to-peer currency with a distributed mint in 2003, which is 5 years BEFORE Satoshi Nakamoto's bitcoin paper came out 🤯 talk about OG... The @avax main net released years after that, namely 3 years and 1 month ago, in September 2020, after the founding of Ava labs. 🔺 • Unique Characteristics: One of the key features of Avalanche is its consensus mechanism, known as Avalanche consensus. It's a highly-scalable and efficient protocol that allows for very quick confirmation of transactions. This consensus algorithm distinguishes Avalanche from many if not all other blockchain platforms! -> This is also the reason why @starsarenacom trading works so fast and with such cheap gas fees, something that is fundamental for a platform such as this to be viable in the long-term! • Interoperability, Scalability, DeFi and NFTs: Due to its unique characteristics Avalanche presents a distinctive focus on interoperability with other blockchains. The platform aims to facilitate cross-chain communication and asset transfers, which is a beautiful characteristic! Thus, It's no wonder that Avalanche quickly gained popularity in the DeFi and NFT ecosystems. A scalable, low-TX-fee platform presents the perfect environment for DeFi projects, DApps, and NFT marketplaces to operate away from the constraints of blockchains like BTC or even ETH. Safe to say that Avalanche is probably one of, if not the best place to build a SoFi world like this one ⭐️ Moreover, the direct support of @avax and Avalabs to @starsarenacom is absolutely unique and something that's a real game changer across current SoFi platforms. For myself personally, it has been a great ride of discovery and learning more about the history of such a great invention. Thanks to the Arena and to all of you, I am no longer an eth maxi, and am becoming quite the @avax lover! Couldn't be more excited to continue building in here as a content creator with every single one of you. Even if I can't disclose all my plans at this stage, there's plenty of dope stuff to come! And that's it - If you've enjoyed reading this piece yourself, a repost is all I ask for! 🙏 Some Sources: [1] https://www.youtube.com/shorts/WRvruhw-0i8 [2] https://www.ibtimes.co.uk/cornells-ic3-tackles-off-chain-transactions-intel-sgx-1624069 [3] https://cis.cornell.edu/cornell-profs-join-nsf-campaign-cybersecurity [4] Forbes Talks https://www.youtube.com/watch?v=0erPKUwaAQ4 (really informative interview to watch) [5] https://arxiv.org/pdf/1801.03998.pdf .

Oh it's christmas time in the Arena now!

Pamp it

Never fade the Arena. It'll always comeback stronger

Good morning and happy Sunday arena The pamp is inevitable