What makes Avalanche (AVAX) special? - Crypto in Plain English - Episode 63 - by cryptohunt.it

What makes Avalanche (AVAX) special? - Crypto in Plain English - Episode 63 - by cryptohunt.it

What makes Avalanche (AVAX) special?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today, we talk about Avalanche, a relatively new blockchain technology that launched in late 2020 and has already made it into the top 10 earlier this year.

Like other projects, Avalanche’s main goal is to provide the same capabilities as Ethereum, but solve its main problems. If you’ve listened to this podcast, you will recognize them quickly: Ethereum allows for the creation of an entirely digital financial system through smart contracts, but can’t currently handle a lot of transactions and the fees are very high.

Avalanche tries to solve this problem in a couple of ways. First, it splits the three core jobs – transaction validation, exchanging money, and executing smart contracts – and operates three separate computer networks to run them. This allows it to process thousands of transactions per second as opposed to around 17 for Ethereum, and Avalanche has fees that can be thousands of times lower.

The other way Avalanche attempts to replace Ethereum is by simply being compatible with it. Computer code written to build smart contracts on Ethereum can be reused on Avalanche. That means, programmers can move over very quickly and take advantage of fast, cheap transactions, which has helped Avalanche gain rapid adoption since it’s launch.

And that’s why Avalanche is becoming so popular and starting to compete with Ethereum. And next time, we’ll talk about Polkadot.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Jaksot(373)

What is a Bubble Token and why do these things keep bringing down crypto companies? - Crypto in Plain English - Episode 293 - by cryptohunt.it

What is a Bubble Token and why do these things keep bringing down crypto companies? - Crypto in Plain English - Episode 293 - by cryptohunt.it

What is a Bubble Token and why do these things keep bringing down crypto companies? Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. Today, let’s tal...

11 Marras 20223min

The full "behind the scenes" of what (probably) happened at FTX (part 2 of 3) - Crypto in Plain English - Episode 292 - by cryptohunt.it

The full "behind the scenes" of what (probably) happened at FTX (part 2 of 3) - Crypto in Plain English - Episode 292 - by cryptohunt.it

Welcome to the Cryptohunt jam, where we spend one minute ... … actually, today we are breaking with the format and will dig deep into what happened with FTX, and the nuclear bomb it set off in crypto ...

10 Marras 20227min

A crypto nuclear bomb just went off - Binance buys FTX (part 1 of 3) - Crypto in Plain English - Episode 291 - by cryptohunt.it

A crypto nuclear bomb just went off - Binance buys FTX (part 1 of 3) - Crypto in Plain English - Episode 291 - by cryptohunt.it

A crypto nuclear bomb just went off - Binance buys FTX (part 1 of 3) Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. Today, a bomb of nuclear propor...

9 Marras 20223min

Where does the crypto in cryptocurrency come from? - Crypto in Plain English - Episode 290 - by cryptohunt.it

Where does the crypto in cryptocurrency come from? - Crypto in Plain English - Episode 290 - by cryptohunt.it

Where does the crypto in cryptocurrency come from? Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. We talk about crypto all day, but have you ever w...

8 Marras 20222min

What is Gitcoin and how does it use Quadratic Funding? - Crypto in Plain English - Episode 289 - by cryptohunt.it

What is Gitcoin and how does it use Quadratic Funding? - Crypto in Plain English - Episode 289 - by cryptohunt.it

What is Gitcoin and how does it use Quadratic Funding? Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. Today, we take a short look at Gitcoin, which...

7 Marras 20223min

What are Radical Markets and what do they have to do with blockchains? - Crypto in Plain English - Episode 288 - by cryptohunt.it

What are Radical Markets and what do they have to do with blockchains? - Crypto in Plain English - Episode 288 - by cryptohunt.it

What are Radical Markets and what do they have to do with blockchains? Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. Have you ever looked around a...

4 Marras 20223min

What does the US government think about crypto as a payment system? - Crypto in Plain English - Episode 287 - by cryptohunt.it

What does the US government think about crypto as a payment system? - Crypto in Plain English - Episode 287 - by cryptohunt.it

What does the US government think about crypto as a payment system? Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. We’ve talked a lot about governm...

3 Marras 20222min

How does raising interest rates reduce inflation? - Crypto in Plain English - Episode 286 - by cryptohunt.it

How does raising interest rates reduce inflation? - Crypto in Plain English - Episode 286 - by cryptohunt.it

How does raising interest rates reduce inflation? Welcome to the Cryptohunt Jam, where we spend one minute a day to explain crypto. In plain English. When the economy cools down, crypto prices usually...

2 Marras 20223min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
rss-rahamania
ostan-asuntoja-podcast
herrasmieshakkerit
rss-tarkeista-asioista-2
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-lahtijat
rss-rentotapaus
rss-sisalto-kuntoon
rss-seuraava-potilas
pomojen-suusta
sijoituspodi
rss-muutoksenanatomiaa-podcast
rss-uppoava-vn-laiva
rss-tyoelaman-timantteja