dd

Project to watch: Avalanche

Website under development.

Prof. Emin talking about Avalanche: https://www.youtube.com/watch?v=AXrrqtFlGow&feature=youtu.be

Whitepaper: https://ipfs.io/ipfs/QmUy4jh5mGNZvLkjies1RWM4YuvJh5o2FYopNPVYwrRVGV

Referred to as Snowflake, Snowball and Avalanche, the protocols randomly sample network participants, and ultimately choose a single result, Sirer said. "They rely on randomness and they rely on random interactions and yet they ensure after the interactions everyone has decided the same thing. The Avalanche protocol had unprecedented scalability. BTC hashrate is controlled by a few dozen miners. EOS has 21 block producers. Ava can have tens of thousands directly participate.”

According to the white paper:

"Inspired by gossip algorithms, this new family gains its safety through a deliberately metastable mechanism. Specifically, the system operates by repeatedly sampling the network at random, and steering the correct nodes towards the same outcome."

Team:

Emin Gün Sirer is a Turkish-American computer scientist. He is currently an associate professor of computer science at Cornell University, co-director of IC3. He is known for his contributions to peer-to-peer systems, operating systems and computer networking.

Before becoming a professor at Cornell University Sirer worked at AT&T Bell Labs on Plan 9, at DEC SRC, and at NEC.

Sirer is best known for his contributions to operating systems and distributed systems. He developed the SPIN (operating system), where the implementation and interface of an operating system could be modified safely at run-time by type-safe extension code. He also led the Nexus OS effort, where he developed new techniques for attesting to, and reasoning about, the semantic properties of remote programs. His Karma system, published in 2003, is the first cryptocurrency that uses a distributed mint based on proof-of-work

Telegram channel: https://t.me/avalanchecoin