Has Avalanche solved the blockchain trilemma?

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Key Takeaways

Avalanche is the world’s fifteenth greatest cryptocurrency by market cap
John Nahas, Vice President of Business Development at the agency behind Avalanche, Ava Labs joins the podcast
He chats by launching so lately (2020), the bull and bear markets, trying to unravel the blockchain trilemma, Avalanche’s power output, tribalism in crypto, regulation and extra

The trade of cryptocurrency has not been round a very long time. Bitcoin is the grandparent of the area, and but it solely launched 13 years in the past.

But even inside this younger trade, Avalanche stands out for its youth. Launched in late 2020 as the crypto bull market was starting to rage, it has swiftly established itself amongst the prime tasks. Today, it’s the fifteenth greatest coin by market cap.

On the newest episode of the CoinJournal podcast, I interviewed John Nahas, Vice President of Business Development at Ava Labs, the creator of Avalanche.

We mentioned the rollercoaster trip that has been crypto over the final couple of years, and the way it was to launch into such an auspicious market atmosphere. Of course, we additionally then chatted about the latest bear market and the way this has been for the mission, in addition to crypto as a complete.

One factor I loved: pouring chilly water on the poisonous tribalism that crypto has a smooth spot for. I’ve written extensively about this partisan perspective, the “my coin is better than your coin” perspective that crypto has. This maximalism is one thing that irks John too, as he rapidly dispelled the “ETH killer” narrative that has been floated about for Avalanche and different blockchains in the area.

We talked about the technical of Avalanche, and why John believes it has solved the blockchain trilemma. John additionally touched on the power aspect of issues, a type of add-on to the trilemma which has solely grown louder lately, with sure cryptos coming below stress for his or her massive power payments.

We additionally mentioned the gray space that’s regulation, and particularly for Avalanche, how staking might be affected. John harassed the latest penalties towards Kraken had been for failures to correctly disclose, quite than towards the act of staking itself.

These are just some of the larger subjects which we coated. If you have an interest in Avalanche, be happy to hear.