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 via launching so just lately (2020), the bull and bear markets, making an attempt 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 house, 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 high 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 experience that has been crypto over the final couple of years, and the way it was to launch into such an auspicious market setting. Of course, we additionally then chatted about the current bear market and the way this has been for the challenge, in addition to crypto as a complete.
One factor I loved: pouring chilly water on the poisonous tribalism that crypto has a tender 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 shortly dispelled the “ETH killer” narrative that has been floated about for Avalanche and different blockchains in the house.
We talked about the technical of Avalanche, and why John believes it has solved the blockchain trilemma. John additionally touched on the power facet of issues, a form of add-on to the trilemma which has solely grown louder lately, with sure cryptos coming below strain for his or her giant power payments.
We additionally mentioned the gray space that’s regulation, and particularly for Avalanche, how staking could possibly be affected. John pressured the current penalties towards Kraken have been for failures to correctly disclose, fairly than towards the act of staking itself.
These are just some of the greater matters which we lined. If you have an interest in Avalanche, be happy to hear.
Listen to the podcast on varied platforms here:
Listen on Spotify here:
Follow Avalanche: @AvalancheAvax
Find out extra at www.avax.network/community
Follow Ava Labs: @AvaLabsOfficial
Follow John @SJohh_Nahas
