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REGULATION
by
1 year ago

Arbitrum, Optimism, Polygon, StarkWare, and zkSync will integrate with Avail’s data availability.

2024-04-26

REGULATION
by
1 year ago

 

On April 25, 2024, Avail announced that Ethereum layer 2 including Arbitrum, Optimism, Polygon, StarkWare, and zkSync will integrate with Avail’s data availability.


Data availability is one of the layers in a blockchain transaction. Modular blockchain allows transaction layer of a blockchain to be separable. Therefore, it lets to the creation of data availability providers.

 

Data availability means applications or validators post data on blocks. It is data that available for downloading to verify the transactions such as Alice transferred 5 BTC to Bob.

 


blog.availproject.org



Avail is a data availability provider for Ethereum rollups.

 

Avail developers see that Ethereum rollups are growing and they want to solve the problem of scaling data.

 

Developers can build data availability layer on Avail. Applications can send data blobs to Avail to process the transactions.

 

Avail also provides its own validators. It sets a goal to have 1,000 validators to make sure the network is decentralized.

 

Rollups allow crypto assets on Ethereum to process off of Ethereum mainnet.

 

Avail’s task is to handle data availability layer. Avail developers said that every base layer is going to be a DA layer.

 

Avail is a base layer, it provides raw blockspace to rollup chains.

 


Avail makes sure that data is sequenced, packaged into blocks, and published. It supports rollups, zkEVMs, and validiums.

 

AVAIL is the native utility token of the Avail Network, it uses to power Avail DA.

 

AVAIL uses to obtain Avail DA services, secure the unification layer via staking. Token holders can use it for governance as well.

 

Avail will be launching its mainnet and AVAIL token in May. AVAIL tokens will have an initial supply of 600 million tokens. 

 

Avail is an interesting project that helps develop blockchain technology.

 


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