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Author Topic: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!  (Read 11608 times)

Offline Phu Juck

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When we look at Coin Market Cap, we can see a new coin and it seems to be very famous: it is Avalanche [AVAX]:  https://coinmarketcap.com/currencies/avalanche/

Now, I have done research about Avalanche if it's a good coin and have read an article on Hacker Noon (it's a platform for Hackers and Computer Experts, so people on it are very experienced for code and programming). About Avalanche, it was written:

Quote
Led by Professor Emin Gün Sirer of Cornell University, one of the cryptosphere’s most esteemed critical thinkers, and the co-founders of AVA Labs, Kevin Sekniqi, CS Ph.D. at Cornell and Ted Yin, CS Ph.D. at Cornell, the “AVA Labs” team recently revealed the concept behind "Alpine Snowstorm".
This took the form of a private testnet for a next-generation blockchain platform based on a novel metastable consensus protocol family called Snow-Avalanche.

However, does this represent the next chapter in the story of blockchain technology?

Very likely, but let’s try to understand why.


Despite several projects having emerged over the last two to three years, there has not yet been any major disruptor in the blockchain space. Although we constantly see projects adding features and building castles in mud fields, this progress is hamstrung by serious tech bottlenecks that are rarely addressed successfully.
https://hackernoon.com/avalanche-ava-blockchain-3-0-a-novel-metastable-consensus-protocol-28cdc4ee8984

Expert says Avalanche is a completely new chapter of crypto currency after Bitcoin! He says: Bitcoin was first step and Avalanche is now second step.

Why?

Because Avalanche has solved Blockchain scaling problem by a new approach. It is a very technical term but you can read all in Hacker Noon, where it's described by an expert: https://hackernoon.com/avalanche-ava-blockchain-3-0-a-novel-metastable-consensus-protocol-28cdc4ee8984


He makes a final conclusion:

Quote
Last words

Revolutionary is the one word I have for the work of Team Rocket and AVA Labs. The combination of protocol capabilities and the knowledge acquired through the past years of experience and research gives the right tools in the hands of the team to craft the ultimate blockchain platform of platforms.

https://hackernoon.com/avalanche-ava-blockchain-3-0-a-novel-metastable-consensus-protocol-28cdc4ee8984

Avalanche can be really a big coin! What is your opinion after reading Hacker Noon article?
« Last Edit: February 14, 2021, 05:43:40 PM by Phu Juck »
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Offline Sirait

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #1 on: February 14, 2021, 05:49:44 PM »
^ this is a coin that is move positif this year. I have been watching the avalanche price movement in recent times, I am very confident that the price increase will continue to occur the avalanche price. avalanche will continue to move up the rankings.

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Offline TomPluz

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #2 on: February 15, 2021, 12:11:45 PM »
I am not really familiar with this new Avalanche coin, but I think I have read something on this before I just could not reprise my memory where. Anyway, based on what I know on this thread alone, I think there must be something potentially good with this platform and if this can be performing as it is supposed to then we might welcome another good addition to the roster of quality platforms. In case I could free some of my remaining funds, then maybe I should look closer into this and also "invest" some, who knows this can be going to the moon at the right time.

Offline MishaSER

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #3 on: February 15, 2021, 11:10:39 PM »
I am not really familiar with this new Avalanche coin, but I think I have read something on this before I just could not reprise my memory where. Anyway, based on what I know on this thread alone, I think there must be something potentially good with this platform and if this can be performing as it is supposed to then we might welcome another good addition to the roster of quality platforms. In case I could free some of my remaining funds, then maybe I should look closer into this and also "invest" some, who knows this can be going to the moon at the right time.
This project is like Ethereum, only with a very low gas price. It is possible to transfer your tokens from the Ethereum network to the Avalanche network. But there are few supported by the project at the moment. For example UMI SUSHI. Here is a link to the full list https://pangolin.exchange/

Offline I-Bit

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #4 on: February 15, 2021, 11:39:31 PM »
I think that veery team from every project will always say that theirs will be huge, but not all of them can really prove it. As long as they are listed in big exchanges, they will have a chance to be huge. And this AVAX may be one of them. But let's see what fundamental news can really finetune the price to be huge

Offline Phu Juck

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #5 on: February 20, 2021, 06:54:43 PM »
As long as they are listed in big exchanges, they will have a chance to be huge. And this AVAX may be one of them. But let's see what fundamental news can really finetune the price to be huge
For Avalanche, it had good news recently, when Pangolin, a Dex like Uni Swap, was launched. It has already a huge value locked into it and will be listed at Coin Market Cap soon, a dev said. And in March, a new mainnet upgrade will be done, it is called Apricot and it will bring building tools for Defi applications.

Avalanche could be a big player like Binance and Polka Dot because technically, it can provide all features needed when Apricot update will be released.
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Offline Thymoty

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #6 on: February 20, 2021, 07:35:05 PM »
I think that with the solutions they offer, the Avalanche platform will become a player in the decentralized financial market. Given that some experts say that the potential DeFi market is huge in the next few years. So I have a prediction that the price of AVAX tokens will increase in the next few years.
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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #6 on: February 20, 2021, 07:35:05 PM »


Offline Fakhrulenclix

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #7 on: February 20, 2021, 08:46:10 PM »
I don't know anything about this coin. but if see the market exchanges, this is a good coin. The current price $39, I think this is still expensive which we know the ATH is $59
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Offline disconnectme

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #8 on: February 20, 2021, 09:07:05 PM »
Avalanche is not a new coin, it has been in the space for some time now and just launch its main net. I believe Avalanche is one of the most promising ICO last year but the project is struggling for lack of strong community and developers are not building on the chain, just look at what Polkadot is doing incentivizing developers to move to their chain but nothing like this from Avalanche foundation, if this don't gain any traction this year, I believe it will be one of the failed Ethereum competitors in the space
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Offline bigcash2011

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #9 on: February 20, 2021, 11:17:42 PM »
It has already performed really well from last few months and price seems high to me already but no one knows how high it will go but eventually the project has to launch its products and services to find real value.

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #10 on: February 20, 2021, 11:30:01 PM »
i have always known Avalanche as a quality project and a long term asset which will grow to multi billion dollar project. currently, there has been lots of partnerships and development with projects into defi, finance, sales and so many other options. Avanlache is a quality project with prospect and will achieve huge success in the future.
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Offline Mexite

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #11 on: February 20, 2021, 11:43:55 PM »
AVAX is a highly promising blockchain that can help solve many of the recurring problems in old generation blockchains. However, it needs to stand the test of time and gain serious adoption to be sure that it can perform well when Bitcoin--or ETH-like traffic passes through it.
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Offline Phu Juck

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #12 on: February 25, 2021, 02:25:58 PM »
I think that with the solutions they offer, the Avalanche platform will become a player in the decentralized financial market. Given that some experts say that the potential DeFi market is huge in the next few years. So I have a prediction that the price of AVAX tokens will increase in the next few years.
Yes, Avalanche has already a lot of DeFi partnerships and also a Chain Link cooperation. Nazarov from Chain Link talked about it. Right now, Avalanche is very cheap and maybe a good opportunity for buy.


Avalanche is not a new coin, it has been in the space for some time now and just launch its main net.
Avalanche is a very new coin, whitepaper was published 2 years ago and you can ask in Telegram for a timeline. Avalanche is a very new and innovative coin.

I believe Avalanche is one of the most promising ICO last year but the project is struggling for lack of strong community and developers are not building on the chain, just look at what Polkadot is doing incentivizing developers to move to their chain but nothing like this from Avalanche foundation, if this don't gain any traction this year, I believe it will be one of the failed Ethereum competitors in the space
Community is still build because Avalanche is very new. Avalanche is not focussing on marketing like Polkadot right now, Avalanche is building a working product first before big marketing.
And for developers moving to Avalanche I saw a web site where Devs can applie: https://www.avalabs.org/avalanche-x/explore-open-grants

Avalanche is most likely next Ethereum, many computer experts say.
Always buy top coins of Defi: Yearn Finance from Andre Cronje and Avalanche from Emin Gün Sirer

Offline TomPluz

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #13 on: February 25, 2021, 02:34:46 PM »
AVAX is a highly promising blockchain that can help solve many of the recurring problems in old generation blockchains. However, it needs to stand the test of time and gain serious adoption to be sure that it can perform well when Bitcoin--or ETH-like traffic passes through it.

Hopefully, this can indeed make it to the top after some years of existence. The best test of anything is always the time  and in the world of cryptocurrency many were not able to make it after even just two years of existence and sometimes it can because the market eventually changed its interest and the platform is left behind worthless. I am then wishing the people of Avalanche all the luck and power they need. Considering the kind of response AVX is getting so far, I would say that it can have a better chance of survival, and it is all up to the dev to use this very good advantage.


Offline dragononcrypto

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Re: A new coin: Avalanche [AVAX] and Computer Experts says it will be huge!
« Reply #14 on: February 25, 2021, 06:11:11 PM »
I quite like AVAX, it was one of my investments based on Ethereum gas prices becoming too high and speculation moving into other POS platforms such as avalanche, terra/luna and elrond. Fortunately all three of these investments I was able to sell half at 2x profit in this month alone. A bit like the 2017 "Bitcoin too expensive" altcoin moon scenario or even early 2018 speculation on "Ethereum killers". Despite how much I love Eth, I do like a good competitor  ;)

Avalanche is a very new coin, whitepaper was published 2 years ago and you can ask in Telegram for a timeline. Avalanche is a very new and innovative coin.

I also now see it's the 3rd largest POS coin, only after Cardno and Polkadot and above Beaconchain (Eth 2.0) that's in 5th at the moment, which says a lot in my opinion:
https://www.stakingrewards.com/cryptoassets

Avalanche is most likely next Ethereum, many computer experts say.

I wouldn't underestimate blockchain platforms that can compete as well as work alongside Ethereum right now, even if they don't stand chance at killing Ethereum ;-)
« Last Edit: February 25, 2021, 06:15:00 PM by dragononcrypto »

 

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