What Is (AVAIL)? Accelerating Web3 Unification

Bittime - Blockchain technology faces significant challenges related to scalability and fragmentation, which hinder its mass adoption. Avail Blockchain addresses these issues by leveraging advanced data availability to provide a modular, scalable, and interoperable platform designed to unify the Web3 ecosystem.

This article discusses the main components of Avail — Avail DA, Fusion, and Nexus — along with their historical development, core goals, operational mechanisms, and future roadmap.

What is Avail?

Avail is a data availability blockchain designed to improve blockchain scalability, interoperability, and security, thereby unifying the Web3 ecosystem.

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History of Avail

The Avail project was started by the team at Polygon Labs in late 2020, driven by the need for a robust data availability solution within a blockchain architecture. It later became an independent entity, focused on its mission to empower developers by offering a highly scalable, modular consensus layer. This enables the creation of innovative, high-performance applications without the complexity of underlying blockchain infrastructure. 

The primary motivation behind Avail is the importance of data availability sampling (DAS) for blockchain scalability and efficiency. By addressing this core problem, Avail supports the creation of rollups and other blockchain applications, attracting substantial investment and interest from the blockchain community.

Avail Purpose

Avail aims to address user fragmentation and scalability challenges in the Web3 ecosystem, promising a unified and efficient platform for users and developers across ecosystems.

• User Fragmentation: The permissionless nature of Web3 has resulted in innovative technologies but also fragmented user experiences. Avail’s Unification Layer aims to create a cohesive experience for end users while maintaining the ethos of decentralization.

• Scalability Issues: While there are many innovative solutions in Web3, scalability remains a barrier to mass adoption. Avail introduces components such as Avail DA, Nexus, and Fusion to form a Unification Layer that promises a scalable and connected Web3 experience.

• Cross-Ecosystem Transactions: Cross-blockchain transactions are currently complex, hindering user adoption. Avail aims to simplify these transactions, facilitating easier onboarding for new users into the Web3 community.

• Asynchronous Microservices: Learning from Web 2.0, Avail uses asynchronous microservices to scale the blockchain. This method allows services to scale independently, showing a scalable future for blockchain similar to high-demand systems like Amazon and Visa.

Avail Operational Mechanism

Traditional blockchains struggle to store and verify large volumes of transaction data, slowing the system down as transactions increase. Avail addresses this by separating data storage from transaction processing, acting as a dedicated verification solution that ensures the data needed to verify transactions is always accessible without burdening the network. 

Teknologi Zero-Knowledge Avail

Avail uses zero-knowledge technology, featuring three main components : Avail Nexus, Avail DA, and Avail Fusion . Together, these form its Unification Layer for Web3, improving scalability and user experience. Avail uses data availability sampling (DAS) and KZG polynomial commitment to efficiently verify data correctness, ensuring near-perfect data availability with no evidence of fraud.

Avail Features

• Avail DA: This base layer acts as a scalable shared source of truth for blockchain networks, providing abundant data availability blob space essential for scaling rollups and blockchains. It supports advanced technologies such as validity proofs and data availability sampling, compatible with major rollup stacks and non-EVM execution environments.

• Avail Fusion: Enhancing ecosystem security, Fusion incorporates native assets from mature ecosystems like BTC and ETH into its consensus mechanism. Multi-asset stakes secure the Avail Unification Layer, with stakers receiving AVAIL rewards and contributing additional security through their crypto holdings.

• Avail Nexus: This ZK coordination rollup acts as a verification hub, unifying rollups and enabling seamless cross-chain transactions. Nexus uses Avail DA as the root of trust, facilitating efficient and secure cross-ecosystem interactions.

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Roadmap Avail

• 2021 : Avail originated from Polygon Labs, then became an independent project.

• June 2023 : Kate testnet launches, featuring data availability sampling, erasure coding, and KZG commitments.

• November 2023 : Clash of Nodes testnet engages the community in challenges to prepare for the mainnet transition.

• December 2023 : Launch of grant program to support developers and scale the ecosystem.

• June 2024 : Secures $43 million in Series A funding, adding to previous $32 million from pre-seed and seed rounds. Upcoming steps:

• Light Client Challenge : Community participation to test light clients supported by DAS.

• Final Testnet Deployment : Operating alongside the mainnet, with the Clash of Nodes testnet running temporarily in parallel.

• Equipment and Infrastructure Optimization : Improvements for smooth post-mainnet deployment and monitoring.

• Validator Set Finalization : Increasing the number of validators to ensure a strong and decentralized security layer.

Tokenomik Avail

AVAIL is the native token of the Avail platform, used for transaction fees and staking to participate in the consensus mechanism. Token holders can get involved in governance, influencing the future development of the network. 

No official details about AVAIL's tokenomics have been released, but 600 million AVAIL tokens have been allocated in the Unification Airdrop, available once Avail DA launches.

Conclusion

Avail is poised to unify the blockchain ecosystem with a robust data availability solution. Backed by substantial funding and a clear roadmap, Avail addresses scalability and interoperability challenges, promising a streamlined experience for users and developers. 

As it approaches its mainnet launch, Avail is poised to make significant waves in the Web3 space, making it a project to watch.

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