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 not too long ago (2020), the bull and bear markets, making an attempt to resolve the blockchain trilemma, Avalanche’s vitality 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 initiatives. 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 journey that has been crypto over the final couple of years, and the way it was to launch into such an auspicious market surroundings. 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 an entire.
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 angle, the “my coin is better than your coin” angle 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 house.
We talked about the technical of Avalanche, and why John believes it has solved the blockchain trilemma. John additionally touched on the vitality aspect of issues, a kind of add-on to the trilemma which has solely grown louder lately, with sure cryptos coming below stress for his or her giant vitality payments.
We additionally mentioned the gray space that’s regulation, and particularly for Avalanche, how staking may very well be affected. John burdened the latest penalties towards Kraken had been for failures to correctly disclose, moderately than towards the act of staking itself.
These are only a few of the greater subjects which we coated. If you have an interest in Avalanche, be happy to hear.
Listen to the podcast on numerous 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
