Revolutionizing data availability, Avail’s long-awaited mainnet launch unlocks cost-effective, scalable rollups and marks a major step towards Web3 unification.
Avail , a company building a unified layer that brings together all Web3 users and developers, today announced the launch of the Avail DA mainnet and the AVAIL token . The launch of Avail DA marks the first step for Avail in its mission to provide developers with the tools they need to enhance blockchain scalability, enhance liquidity, and provide seamless usability across any blockchain ecosystem.
Avail DA is an innovative modular blockchain technology designed to improve data availability for scalable, user-customizable rollups. It combines KZG commitments and data availability sampling (DAS) to break the boundaries between blockchains. This initiative sets a new milestone in the blockchain field, allowing rollups to instantly experience the advanced features and advantages planned by the Ethereum danksharding roadmap.
Avail's lightweight client can efficiently verify the availability of data through proof of validity, and this technology can be easily integrated into everyday consumer hardware, such as smartphones. Combining data availability sampling and proof of validity, Avail can provide rapid data availability guarantees, so that once a block is confirmed by Avail's validators, the relevant data can be sampled. In order to reduce the risk of validator centralization, Avail introduced a nominated proof of stake (NPoS) consensus mechanism to ensure that staked tokens are fairly distributed among active validators. The network's decentralized validator system is initially planned to support approximately 1,000 validators, and it is expected that this number will be expanded to 10,000 over time, further enhancing the decentralization and security of the network.
Prabal Banerjee, co-founder of Avail, stressed: "By combining KZG commitments and data availability sampling technology, we provide a ready-to-use advanced data infrastructure for the blockchain ecosystem. Developers can easily connect various execution environments to Avail DA with just a small amount of code, giving them powerful blockchain capabilities."
Joey Krug, Partner at Founders Fund, added: “As cryptocurrencies continue to move toward modularity and interoperability, Avail is building critical infrastructure to drive this innovation. Avail’s architecture achieves exceptional speed and security while being completely blockchain agnostic by using KZG proofs and Data Availability Sampling (DAS). We are very pleased to support the team and are excited about the significant progress they are making in achieving this ambitious vision.”
With the official launch of the Avail DA mainnet, the AVAIL token is also launched. As the core asset of the Avail network, the AVAIL token is not only used to pay for data availability (DA) related fees, but also to ensure the security of the network through the staking mechanism. Starting today, AVAIL token holders can start staking their tokens by visiting staking.avail.tools , and receive incentives by participating in staking to jointly maintain the security and stability of the network.
Anurag Arjun, Co-founder of Avail, noted: “The launch of Avail DA and its AVAIL token is the culmination of years of research and development efforts to address the most pressing issues facing Web3 today, including blockchain fragmentation, data availability shortages, and scalability limitations. This innovation is a solid foundation for the future development of blockchain technology and will facilitate seamless collaboration across the ecosystem. We are excited about the innovative applications that our partners and developers will build on the Avail platform.”
Avail DA supports a variety of blockchain architectures, including Validiums, Optimiums, sovereign rollups, and Bitcoin's second-layer network (BTC L2). Currently, more than 70partners have joined , including application-specific blockchains, decentralized finance (DeFi) solutions, and Web3 game chains that will be integrated at the beginning of Avail DA's launch or soon. In addition, Avail has integrated with Ethereum's major second-layer solutions and rollup frameworks, such as Arbitrum Orbit, Optimism OP Stack, Starkware, Polygon CDK, and ZKsync.
The Avail team is excited about sharing the launch of Avail DA with the entire ecosystem and welcomes partners in the community to join in the co-construction. Currently, Avail is actively promoting its next two major product releases: Avail Nexus and Avail Fusion. As an interoperability layer, Avail Nexus provides lightweight but powerful proof aggregation and sequencer selection ZK rollup, built on top of Avail, to achieve cross-rollup and cross-ecosystem settlement. As a secure network layer, Avail Fusion provides additional cryptoeconomic security through a re-staking mechanism, which improves the construction of a unified layer.
Avail has raised a total of $75 million in funding and is backed by investors including Founders Fund, Dragonfly Capital, and Cyber Capital.
For more information and to start building on Avail DA, visit here .
About Avail
Led by Anurag Arjun, former co-founder of Polygon, Avail is building an innovative unifying layer designed to address the fragmentation problem in rollup technology at scale. Avail DA, as the foundation of this unifying layer, takes a first principles approach to solving blockchain scalability challenges, implementing technologies that match the Ethereum danksharding roadmap, such as KZG commitments and data availability sampling (DAS). Further, Avail Nexus leverages proof aggregation on Avail's scalable DA layer to address the increasing blockchain fragmentation and provide permissionless interoperability. And Avail's security is further strengthened through Avail Fusion's multi-asset staking mechanism. Start your blockchain unification journey now and visit here to learn more.
Media Contacts
Garret J. Shaw garret@serotonin.co (+1) 517.213.3180
Kyle Heise kyle@serotonin.co
Welcome to BlockBeats the BlockBeats official community:
Telegram subscription group: https://t.me/theblockbeats
Telegram group: https://t.me/BlockBeats_App
Official Twitter account: https://twitter.com/BlockBeatsAsia
