Avail - Accelerating the Unification for Web3

arndxt

Feb 28, 2024

“A rollup unified future >> Rollup-centric future”

A future where deploying a rollup will be as easy as deploying a smart contract

We'll see a DA narrative explosion in 1H of 2024 and the holy Trinity for DA unification will set the stage👇

If you enjoy the read, please RESTACK, LIKE and COMMENT on what you like to hear next. It will be super helpful

Ethereum embraced rollups in 2020, and since then, we've seen an explosion of these technologies, from optimistic to zk rollups.

When traditional blockchains are overloaded with transactions, things can get slow, and fees can skyrocket.

Like the infamous @solana outages.

However, rollups aren't one-size-fits-all.

There are other application-specific rollups tailored for unique business needs, focusing on specific logic and functionalities

@AvailProject is set to change the game for rollups. They just raised $27M led by @foundersfund and @dragonfly_xyz

It unifies all the rollups, offering a data availability (DA) layer, thanks to ZK technology and KZG Polynomial commitments.

What does this mean for you and me? Faster transactions, lower costs, and a much smoother user experience.

Avail accelerates the unification of Web3 👇

🔷 Trinity of Avail 🔷

The Avail trinity that makes this unification possible:

Avail DA
Avail Nexus
Fusion Security

Unification = modularity + aggregation + shared security

Let's unpack these components and understand how they work together.

Avail DA: The Scalability Engine

At the heart of the rollup-centric vision lies the need for robust data availability. This is where Avail DA steps in.

Avail DA is modular DA layer that uses data availability sampling (DAS) along with validity proofs to ensure data is scalable alongside execution demands.

Unlike other DA solutions that rely on optimism, Avail DA's use of validity proofs delivers a tenfold improvement in transaction ordering speed. This means users experience a responsive blockchain network, free from the sluggishness that can plague other systems.

Avail Nexus: The Unification Layer

As we embrace a future with potentially thousands of rollups, the challenge becomes how to navigate this complex landscape without getting lost in a sea of fragmentation. Avail Nexus act as the the verification hub for rollups. Through Avail Nexus, disparate rollups are unified, leveraging Avail DA as the root of trust.

This zk coordination rollup layer brings together proof aggregation, verification, and a sequencer selection mechanism to ensure that navigating through rollups is seamless

Fusion Security: The Protective Shield

Where security is paramount, Avail introduces Fusion Security—a novel approach that marries the security assets of established ecosystems (like BTC and ETH) with the potential of new rollup tokens.

Fusion Security represents a symbiotic relationship where the security of the base layer is bolstered by contributions from across the blockchain spectrum. It's an additive, crypto-economic security model that empowers new and existing chains alike, solidifying Avail's position as the value coordination layer of the future.

🔷 Unlocking Web3 Scalability 🔷

The dirty little secret is that most blockchain platforms today don’t actually scale that well.

Ethereum can still only handle 15 transactions per second - nowhere near enough for global adoption. Without a major scalability breakthrough, Web3 risks facing the same fate as the early commercial internet which languished for years before broadband infrastructure unlocked the first dotcom boom.

@AvailProject is a data availability network purpose-built for scaling rollup chains and app-specific blockchains.

6 ways Avail lays the foundations for mass adoption of Web3 👇

1. Supercharges Ethereum Throughput

Rollups like Optimism and Arbitrum help scale Ethereum by handling transactions off-chain and posting data back to the mainnet. But each data post creates congestion which limits their potential.

Avail reduces this congestion by giving rollups a dedicated data availability layer for transaction data. This enables much higher throughput on Ethereum itself by taking load off the main chain.

2. Cross-Ecosystem Portability

Another benefit of Avail’s data availability focus is cross-ecosystem support. Developers can build chains on Starkware, Polygon, or other rollup stacks and still use the Avail Network for data storage and availability sampling.

This rollup-chain portability creates a common foundation for interoperability. The end result is a unified user experience instead of fragmented, isolated platforms.

3. Expandable Blockspace

Most blockchains have fixed blocks to balance network load. But Avail has a novel expandable blocksize model based on validity proofs and data sampling by light clients.

As more devices like phones and watches run these light clients, the collective network can support larger blocks. It’s a decentralized, demand-driven model perfect for global scale.

4. Reduces Centralization Risk

Today most dApps rely on centralized providers like Infura for node infrastructure. But light clients eliminate this single point of failure by enabling users to verify data availability directly.

This on-device verification unlocks true decentralization where users run lightweight oversight instead of fully trusting remote nodes.

5. Overcomes the Scalability Trilemma

Blockchains historically faced tradeoffs between scale, security and decentralization. But Avail’s componentized structure optimizes each piece separately, sidestepping limitations.

Specializing in data availability enables high performance and throughput without compromises. Modularity is key to overcoming inherent constraints.

6. Lowers Costs for End Users

Storing data availability directly on Ethereum is hugely expensive, making apps cost-prohibitive. By offering 90% savings over native fees, Avail unlocks cheaper dApps that mainstream users can actually afford.

Lower friction ultimately drives higher adoption by consumers. And broad participation is critical for achieving decentralized network effects.

🔷 Conclusion 🔷

Avail is the future in blockchain, where scalability, interoperability, and security converge. Through its components—Avail DA, Avail Nexus, and Fusion Security—Avail promises a seamless, rollup-centric ecosystem that's accessible and efficient for everyone.

This marks the dawn of a new era in Web3, where deploying a rollup is as simple as deploying a smart contract, welcoming widespread adoption and a unified digital world.

Threading on the Edge

Discussion about this post