PODCAST: Has Avalanche solved the blockchain trilemma?

Key Takeaways

• Avalanche is the world’s fifteenth largest cryptocurrency by market cap
• John Nahas, Vice President of Enterprise Growth on the agency behind Avalanche, Ava Labs joins the podcast
• He chats by way of launching so just lately (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 business 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.

However even inside this younger business, Avalanche stands out for its youth. Launched in late 2020 because the crypto bull market was starting to rage, it has swiftly established itself among the many high initiatives. In the present day, it’s the fifteenth largest coin by market cap. 

On the most recent episode of the CoinJournal podcast, I interviewed John Nahas, Vice President of Enterprise Growth at Ava Labs, the creator of Avalanche.

We mentioned the rollercoaster trip that has been crypto over the past couple of years, and the way it was to launch into such an auspicious market setting. After all, we additionally then chatted concerning 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 angle, the “my coin is healthier 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 within the area.

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

We additionally mentioned the gray space that’s regulation, and particularly for Avalanche, how staking could possibly be affected. John harassed the current penalties in opposition to Kraken had been for failures to correctly disclose, fairly than in opposition to the act of staking itself.

These are just some of the larger subjects which we coated. If you’re inquisitive about Avalanche, be happy to pay attention.

Take heed to the podcast on varied platforms right here:

Hear on Spotify right here:

Observe Avalanche: @AvalancheAvax

Discover out extra at www.avax.community/neighborhood

Observe Ava Labs: @AvaLabsOfficial

Observe John @SJohh_Nahas