Avail DA Mainnet & the AVAIL Token are Now Live!
23rd July 2024 marked the exciting launch of Avail DA, who state they are the first modular data availability layer using validity proofs and data availability sampling. This innovation enables entire blockchain networks to scale efficiently and cost-effectively.
We have been working closely with Avail during all the testnet phases and we are excited to support it since day one.
The AVAIL Token Powers the network by allowing users to pay fees, stake for security, and participate in governance.
The Avail DA supports L2 solutions, RaaS providers, and blockchain developers by providing a robust, validity-proof-based DA layer optimized for ZK technology. This significantly reduces operational costs and enhances scalability for developers building on Avail DA.
About Avail:
Since late 2020, founders Anurag Arjun and Prabal Banerjee have been dedicated to creating trust-minimized systems. Avail has secured investments from notable entities like Peter Thiel’s Founders Fund, Dragonfly, and the Cyber.fund.
The project has partnered with industry leaders such as Arbitrum, Optimism, and Polygon, fostering a robust ecosystem.
Read their blog post for an in-depth understanding of Avail’s vision for a unified Web3 blog post, or go to the comprehensive developer documentation available here.
Validator Network
The Avail network can support up to 1000 validators using an NPoS consensus mechanism, ensuring equitable reward distribution and enhanced decentralization. The rollout will start with a genesis set of validators.
P2P.org is proud to support Avail as a genesis validator and participate in all the testnet activities. That ensures we are the leaders, supported by strong technical expertise. We work closely with Avail Project on X: https://x.com/AvailProject, providing our audience with insightful pieces of information from its founder:
During high demand for the Avail Goldberg Testnet, P2P.org demonstrated its commitment and capability by actively supporting Avail. We participated in the light nodes challenge and were one of only three external providers of RPC nodes.
This strategic support played a vital role in ensuring the stability of the Avail Goldberg Testnet during a crucial phase of its operations.
Our team's efforts included deploying a proxy balancer that efficiently managed the load between several nodes:
This technological prowess demonstrates P2P.org’s capability in managing high-demand blockchain operations and shows our expertise in providing advanced infrastructure solutions.
Web3 Unification
Avail DA aims to be the cornerstone of a permissionless unification layer for Web3. This layer will facilitate cross-chain transactions through Avail Nexus and provide comprehensive shared security via Avail Fusion, paving the way for a unified future for decentralized applications.
Developers are encouraged to build on Avail DA using Ethereum’s top rollup stacks or explore beyond the EVM.
Discover more about the Avail project and start staking your AVAIL tokens today.
Do not hesitate to ask questions in our Telegram chat or contact Alex via aleksandr.tishin@p2p.org. We are always open to communication.
Web: https://p2p.org
Stake AVAIL with us: https://p2p.org/networks/avail
Twitter: @p2pvalidator
Telegram: https://t.me/P2Pstaking