Avalanche Blockchain; Satoshi’s footprints…

Today the calendars show the date of September 21, 2020. We have been looking forward to Avalanche Blockchain for months and will start distributing transactions from its network today. So today, Avalanche’s Genesis Block will do its first transaction. Mainnet is one of the words, or rather events, that people close to Blockchain projects or digital money markets hear the most. Mainnet is the official acceptance of a blockchain. Am I exaggerating too much? Avalanche repeatedly tried various network architecture features on testnets, performed operations, tried virtual machines, subnets, and tokens. The most trusted corporate companies in the Blockchain area have tested the blockchain they have built, conducted audits, and continued working with these companies. In other words, Avalanche blockchain and subnets, which have been tested thousands of times today, and have been working as opensource for 16 months, work in front of people’s eyes. But whatever you call it, it’s called testnet. The Avalanche blockchain will begin distributing the first data on the genesis block today under its label.

Avalanche is one of the most notable Networks among the next generation blockchain networks, called Blockchain 3.0, especially with its consensus mechanism. Avalanche’s most significant advantage in existing networks, which reaches processing accuracy in less than a second in the last testnet event, is the interoperability feature with a built-in model consisting of 3 subnets meets different needs. Many blockchain networks force participating networks and platforms to use their features. However, almost any blockchain network with varying bases of tokens written in various software languages can work with Avalanche. These subnets can also create the most independent ecosystem parts that can be with virtual machines, transaction fees, token features, and their own private or public options without being converted to the Avalanche network’s features. This subnet system, which avalanche theorists call interoperability, increases the Avalanche network’s scalability and prevents it from losing speed even though the number of users increases. Look, Our CEO Is Prof.Emin Gün Sirer’s article published today in Coinmarketcap.

In some projects, an attempt has been made to solve the problem with the “sharding” scaling approach, which aims to process transactions at the same time. But this approach also brings significant complexity and execution risk. A group called the Ethereum killer had compromised decentralization in a high-speed blockchain network. Avalanche, which aims to maintain the spirit of blockchain in Satoshi’s footsteps, is decentralized, highly scalable, and secure with a PoS system. Avalanche briefly solved the blockchain trilemma. This interoperability feature, which I believe will create a revolutionary transformation in the adoption of Blockchain technology, offers the Avalanche blockchain unlimited growth potential.

Polyient Games platform, which I’m sure will be one of the most important platforms in the Avalanche ecosystem, this week introduced PGFK in the NFT feature. Polyient Games platform will create a DEX on Avalancha in the first place. PGFK, the Polyient Games founder’s Keys, which are on sale these days, is an NFT, one of the platform’s unique tokens, which we will also witness various DeFi SOLUTIONS in the coming days. NFTS with the ERC-721 standard is collectible tokens that can be used for game characters that cannot be copied. Although it works in a subnet of the Avalanche ecosystem, Polyient Games is a platform that has developed its own rules and solutions, with XPGP to be sold in the marketplace to be installed on the Avalanche subnet and the Polyient governance token to be used for Platform Management.
Important Warning!
After the purchase period is over, there will be no more direct PGFK sales, and you can only create Pgfks by collecting XPGP tokens through the particle market. (However, PGFKs created by collecting XPGP will never have all the rights of founder Pgfks. Therefore, today may be your last chance to become the owner of Pgfk, the founding key of Polyient.

Summarize:

At the beginning of the new ten years, a whole new blockchain is coming from Satoshi’s footprint to address the challenges of scaling, decentralization, and security in Blockchain technology. Avalanche blockchain is born today, taking the useful features of Ethereum blockchain with the principles of Bitcoin blockchain and solving its problems with the avalanche consensus model, which is built with a revolutionary approach. As a blockchain fan who has long been waiting for this magical birth, I pay my respects to Emin Gün Sirer, Kevin Sekniqi, Maofan “Ted” Yin, John Wu, and the giant core team of 45 people for the Avalanche blockchain they have built.
Thank you for reading.

Avalanche Hub’s Name: ipek

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I am a content writer. I believe that Blockchain technology will play an important role in the future of humanity to live more fair, equal, and free.