So many academics forget that our goal, as a profession, is *not* to publish papers. It's to change the world.
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Emin Gün Sirer
@el33th4xor
Emin Gün Sirer🔺’s posts
Avalanche ($AVAX) processed 1.1 million transactions today, approximately 96% of Ethereum's load. Average fees for a swap operation were $0.23 on Avalanche and $62.00 on Ethereum.
Let's build together.
Even fully-collateralized fiat stablecoins have depegged. Even some of the weak algo stablecoins have recovered.
Some thoughts. 🧵👇
There's an ongoing attack targeting the Solana ecosystem right now. 7000+ wallets affected, and rising at 20/min. Because it's very early and the attack is ongoing, there's a lot of misinformation and speculation. So here are a few thoughts and clarifications.
Our hearts are shattered for those affected by the earthquake. I hope this can assist in a quick recovery and help those in our community.
Please help if you can. Here is the donation address:
0x868D27c361682462536DfE361f2e20B3A6f4dDD8
Credit cards are ancient, insecure technology, where you happily provide your private key to every merchant. And that motivates crooks to do stuff like this to get at that key.
How could anyone believe something so ridiculous as the conspiracy theory nonsense on Cryptoleaks? We would never engage in the unlawful, unethical and just plain wrong behavior claimed in these self-serving videos and inflammatory article. Our tech & team speak for themselves.
Avalanche ($AVAX) is Green.
Great to see the insane growth on #Avalanche :
- 80% of Ethereum's activity
- 134,000 daily active addresses
- 13,000 unique devs
All within 14 months of launch, and all with low fees.
But most of all, I'm proud of our happy user community.
My response to the categorically false Crypto Leaks article and lies circulating about Ava Labs and myself:
The focus of Avalanche has, and always will be, building great technology backed by science. We launched in the last bear market, and we’ll continue to push forward together with confidence. Let’s create the next wave of innovation together.
I'm thrilled to have been appointed to the CFTC's Technical Advisory Board. I'll do everything I can to move the space forward, inform regulators about the latest developments in crypto, and bring the benefits of blockchains to our financial system.
cftc.gov/PressRoom/Pres
Proof of Reserves is a good start, but it needs to be coupled with Proof of Liabilities in order to be useful.
1/ The Luna Foundation Guard has announced a strategic deal with the Avalanche Foundation to acquire $100M of $AVAX to help bolster its UST Decentralized Forex Reserve.
99.99% drop on the squid game token. I mean, what did you guys expect? There's nothing behind this coin except it stole its name from a popular show.
Replying to
Overall, the UST depegging played out exactly as we saw in past historical cases. I'm even more bearish on all copycats, and bullish on UST once the dust settles down.
We're still in the early days of building fast, scalable blockchains. Issues can happen. Power to & the Solana team as they perform a restart.
Turkish media is irresponsibly sensationalist when it comes to crypto. Here, we have Binance closing withdrawals for a few hours, and they use the headline that "Bitcoin collapsed."
If you're wondering why the coin prices are so volatile, look no further.
Look, "The Metaverse" as envisioned by "big tech" is just going to be ads, ads, and ads, combined with office work. It's full on cringe, because this is all they know.
The actual metaverse will be built on blockchains.
This is a big deal. It's not your grandfather's "AWS partnership announcement." Let me explain in plain English.
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AWS partners with Avalanche to scale blockchain solutions for enterprises, governments tcrn.ch/3Qw0Mn8 by @jacqmelinek
I was just thinking about Gates, Bezos and the like. If you're a billionaire, but you don't know what these are, are you even rich?
How many times can the same dumb company, whose near-insolvency was an open secret for almost a decade, crash the crypto markets? #Evergrande
Three years ago today in Korea, no mainnet, no believers. Just a K-pop boyband in its early days.
Reminder: There can only be at most 720m AVAX, regardless of what any website says. There has been no change on this front since launch.
Alright, listen up. Y'all have never seen a blockchain that actually scales, so get ready for some counterintuitive discoveries. We’re in a new paradigm of blockchain value capture, and things get interesting.
A thread 👇
1/ Today, @avalancheavax announced the largest investment into the #Avalanche ecosystem to-date totaling $230M. I’m thrilled to see so many people realizing the power of Avalanche’s technology and community, and the opportunities for exponential growth.
Everyone is looking for "the next AVAX." A coin with the strongest tech innovation, business development that brings new assets to life, with dedicated teams and a good community.
AVAX is the next AVAX.
So glad that Avalanche, Ethereum, Cosmos, and Tezos aren't in this list. We will continue to build with like-minded people.
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A single Avalanche subnet, launched literally two days ago, has more TVL than Cardano, ranked 8th. Avalanche itself is ranked 10th. Make of that what you will.
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DFK chain
+ TVL $345M
+ Days from launch: 1 day
Cardano
+ TVL $334M
+ Days from launch: 2,555 days
Elon, block times and block sizes cannot be scaled like that. And as long as Doge is based on proof of work, it would be an environmental disaster. New protocols are necessary to scale.
The biggest scientific breakthrough since the Bitcoin whitepaper is the Avalanche protocol.
I normally never talk about the price, but you have to check it out on coin market cap :-).
One day, they ban the word and take down videos, the next day, they add you as a tab on their finance pages.
Adoption doesn't happen overnight. Kudos to everyone who stuck with the crypto journey to this point. There's so much more to conquer.
This is from 4 years ago, back when China banned crypto only the 156th time.
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"The lesson from the internet is anything China bans, invest in" -@fredwilson #BitLicense / Banking on Bitcoin 31:30 netflix.com/watch/80154500
Web2 baron doesn't like technologies that would undermine his empire. News at 11.
Large market movements are the perfect time to test chains. I hope you all have been monitoring chain performance over the last few days.
Thread 👇
Please don't be an Avalanche maxi. Let's always be open-minded, kind, and scientifically driven -- that's what got us here. twitter.com/kevinsekniqi/s
This post is unavailable.
Avalanche is fast. Not because it uses massive hardware, not because it centralizes processing, but because it uses a superior algorithm for achieving consensus.
Bullish.
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DONALD TRUMP: Crypto is very dangerous. It could be an explosion like we have never seen before
People are too soon to forget that builders accumulate while speculators leave projects. In crypto, the long-term always wins, and $AVAX is built to change the game for good.
Ok, there is a terribly wrong framework emerging around consensus protocols. People think that PoW and PoS are consensus protocols, and that they are the only two consensus protocols out there.
This is false. Let me explain.
1/ I am incredibly excited that is collaborating with to empower the future of smart mobility with #Avalanche at its core. A quick thread on why I believe Togg will breakthrough and deliver on its bold vision.
As we spin up more subnets, and as some of them use their own tokens for gas, some of you may be concerned that the demand for AVAX will drop. To the contrary.
Let's delve into token dynamics. 🧵
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: I love $AVAX, and I think the tech is awesome. But I have a real concern.
Crabada currently accounts for 64% of $AVAX weekly transactions. Next month, it’s getting its own subnet titled “Swimmer Network.”
This means $TUS becomes the gas token instead of $AVAX..Happy 10th anniversary of the collapse of Lehman Brothers and the start of the 2008 financial crisis.
For most people, this is their first big crypto market downturn. First, I'm sorry, but this high variance is why everyone loves these assets. They're not Union Pacific, not Stores of Value. They move. Just as much down as up.
The question you're asking is: Why?
(Thread >>)
Incredibly proud of the latest Avalanche upgrade. More details tomorrow, but I'll just mention that this change makes #Avalanche the cheapest (lowest fees per transaction) and fastest (lowest time to finality) chain.
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0/ Apricot Phase 4 (Snowman++ and Reduced C-Chain Fees) activated successfully on #Avalanche Mainnet ~60 minutes ago (0 downtime observed)!
Shoutout to the entire validator community for upgrading 97.5% of stake to AvalancheGo@v1.6.0 prior to activation!
medium.com/avalancheavax/
I try to avoid the cultism that's common in crypto and am openly critical of anything that contradicts science and good engineering.
Don't take a critical view as bearishness. I invested far more in crypto than most, want the entire space to succeed, and believe it will.
I keep hearing this: "but but but some day Avalanche will be as slow as Ethereum."
No. Avalanche brought us the biggest breakthroughs in consensus and bridging. We will address lesser engineering problems without batting an eyelid.
What on earth is this.
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This is pretty wild. The Solend team wants to take over the whale's account and execute the liquidation themselves. The whale's position is so degenerate that if SOL drops too low it will create cascading liquidations across the DEX books (and potentially bad debt). "DeFi" twitter.com/solendprotocol…
Check out the impact of the latest Avalanche upgrade on fees.
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Apricot Phase 5 is now active on #Avalanche Mainnet
Can you tell when the AP5 upgrade went live? twitter.com/_patrickogrady…
Is this the day when the crypto markets realize that they are far more resilient to Chinese real estate developers than they think they are?
Ethereum only has 14M blocks. #Avalanche is doing 85% of Ethereum's daily load right now, caught up to 70% of its chain length, and still maintains low fees. Wishing you all a great week.
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We just passed 10M blocks on the #Avalanche C-Chain! 
Congrats to everyone on the huge milestone!
Congrats to everyone on the huge milestone!
Over the last 24 hours, our API nodes have seen 2.75 billion API requests, with no increase in average latency, compared to last week.
Every now and then, something happens to remind me that HSBC is still around. To recap:
1. HSBC laundered money for the Mexican cartel. They were so brazen that the cartel got special bags manufactured to fit through HSBC teller windows.
2. Not a single exec went to jail.
and...
1/ Ava Labs is thrilled to announce its partnership with to build more efficient disaster relief platforms using the Avalanche blockchain.
This effort combines the speed, resilience and adaptability of Avalanche, and Deloitte's Fortune 100 enterprise knowledge. 🧵⬇️
Replying to
One final point: no, Roche does not have anywhere near 1% of tokens. That is also a blatant lie from the article.
Here's the link to the AVAX Wallet from Ava Labs.
wallet.avax.network
Do *not* ever use Google to search for the wallet. There are scam ads that will direct you to realistic looking websites which will then steal your coins.
Development activity breakdown for top coins.
Do not "invest" in coins where the dev team isn't actively working on improving the platform.
Saturday morning distributed systems micro lecture: Performance Metrics.
A thread 👇
Nice to see exchange support for AVAX-native assets.
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Crypto.com Exchange now supports deposits and withdrawals of $USDC via AVAX C-Chain.
*Available for both Exchange Web and App.
Deposit Now 
crypto-exchange.onelink.me/E54m/6cf81eb9
crypto-exchange.onelink.me/E54m/6cf81eb9
Replying to
My thoughts and takeaways today:
1. We need a decentralized stablecoin. Fiat-backed stables are subject to legal seizure and capture. A decentralized economy needs a decentralized stablecoin whose backing store cannot be frozen or confiscated.
A HUGE THANK YOU! to the many sponsors who made the Avalanche Summit possible! It's looking to be epic.
$45m of BTC bridged to Avalanche. No centralized custodian. Just trustless networking that enables users to use their BTC as collateral in DeFi.
This is an important milestone. Here's to the next 999 million!
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In just 2 years, #Avalanche has proven that its breakthroughs in consensus and design live up to their promise.
Seeing Avalanche grow and deliver value to people around the world is the highlight of my career.
There's a scammer out there who is claiming that I did not meet with the Bank of England to discuss CBDCs. As you can see from the BoE letter below, they clearly say that I met with them on 3 different occasions.
You all made a lot of noise about decentralization, and someone finally went and measured it for Bitcoin and Ethereum. Wait that's us.
Decentralization in Bitcoin and Ethereum
hackingdistributed.com/2018/01/15/dec
This isn't the Andretti Formula-E electric car, but this electric car is getting prepared for wide scale production and it will have an #Avalanche wallet in it.
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With this addition, Avalanche solidifies its position as the fastest system for sending USD around the globe. SWIFT/ACH/etc, step aside.
Someone dropped this paper on IPFS and some IRC channels yesterday. It describes a new family of consensus protocols that combines the best of Nakamoto consensus with the best of classical consensus. Huge breakthrough:
ipfs.io/ipfs/QmUy4jh5m
"Although some professed surprise that Pollen had launched on AVAX rather than ETH, the decision was .. made following feedback from the community. As Pollen expressed “We love ETH and will deploy when the transactions are not a barrier to all but whales”"
Rumors are that the Indian government is planning to pass new regulations that recognize crypto as an asset.
We're going to need better glasses. 🧐🥸
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Core web is here! This is an all-in-one “command center” for Avalanche, Bitcoin, Ethereum, L2s and various EVM-based blockchains.
What the heck is a command center and how does it differ from a wallet?
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Inbound transfers for AVAX are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Thursday September 30, if liquidity conditions are met. blog.coinbase.com/avalanche-avax
Replying to
Did y'all sell perfectly good coins that **are not even using the same tech as Bitcoin** because Elon was worried about Bitcoin's environmental impact, and now y'all are buying because he said something positive? Sheesh.
Just wrapped up the very first blockchain hackathon in Turkey. Spoke individually with 150 devs. Gave out ~$100k in prizes. Met some amazing people from all ages and backgrounds. Slept around 10 hours in 3 days.
Totally worth it!
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3 günde toplam 10 saat uyku
Cevap bekleyen 100+ mail, projeler toplantılar
Yol, yorgunluk
AMA
Spekülasyondan başka bir meta ile beslenmemiş topluluğu geliştirmeye teşvik etmek paha biçilemez
AvalancheHacks müthiş oldu seneye daha adilini, büyüğünü yapmak için görüşmek üzere!
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NEW token listed on Kraken: $AVAX @avalancheavax
Deposits begin NOW & trading is live December 21st! 
Learn more: blog.kraken.com/post/12249/ava
$AVAX @avalancheavax
Deposits begin NOW & trading is live December 21st!
Learn more: blog.kraken.com/post/12249/ava
Condolences to everyone affected by the earthquake in Turkey. Wishing for a quick rescue and recovery. Absolutely devastated by the news.
Yesterday, I bought my first $AAVE on Avalanche's Pangolin. Today, I just put it back into the Pangolin liquidity pool to get some PNG. DeFi, here we come.
By 2139, Bitcoin will be an Avalanche subnet.
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There’s a debate in Bitcoin over how secure the network will be in 2139 when currency issuance ends and fees are the only incentive for miners.
What are the chances that the dollar, euro, yuan, ethereum, solana, or any extant digital currency is still widely used in 120 years?
At times like the present, when people are nervous, be careful of people who spread misinformation. They want to make a quick profit by separating you from your coins.
Some quick observations.
Microsoft stops supporting Legacy Bitcoin (BTC), saying it only supports "active payment instruments." Ouch.
1/ It’s a wild month! I’m excited to see #AVAX on , giving over 68 million people globally simple, easy access to #Avalanche
🧵⬇️
