The modular blockchain team at Avail has announced the launch of the Avail DA mainnet and its own AVAIL token, marking a significant milestone for the project. Avail DA, the first modular data availability platform using validity proofs and data availability sampling, is now ready for use. This solution will enable the creation of blockchains that can scale according to user needs.
Avail DA is designed to work with layer two solutions such as Optimism and Validium, as well as other projects based on zero-knowledge proofs. The Avail DA technology provides data availability and verification outside the main network, making it a key component of a modular network structure.
The Avail project claims that its new platform optimizes data availability, helping developers create more scalable, cost-effective, and composable blockchains. This solution will be the first of three parts of Avail's modular blockchain stack. The team is currently also working on the Nexus interaction layer and the Fusion security layer.
The project’s blog emphasizes that data availability is a critically important part of blockchain infrastructure. Without guaranteed data availability, network participants cannot easily and independently verify blocks, which can lead to fraud, censorship, theft, or freezing of assets.
Traditionally, Ethereum layer two networks have relied on the base layer to ensure data availability. However, the rapid growth of layer two solutions has led to congestion, reduced throughput, and increased gas fees. The Avail team notes that rollups spend millions of dollars monthly just to ensure data availability, and these costs are passed on to users.
The Avail DA developers highlight that their platform is the only data availability layer that combines KZG commitments with data availability sampling. This allows rollups to benefit from features and advantages similar to Danksharding in Ethereum.
The AVAIL token will be used for transaction fees and staking. The Avail platform employs the Nominated Proof-of-Stake (NPoS) consensus mechanism, which evenly distributes staked tokens among validators, reducing centralization.
In April, the Avail team announced an airdrop of 600 million AVAIL tokens to project users. This initiative aims to encourage activity within the ecosystem and attract new participants.
It is important to note that in 2023, Anurag Arjun, former Chief Product Officer at Polygon, left his position and acquired the Avail project. This move was a significant step in the project's development and emphasized its independence.
The launch of Avail DA and the AVAIL token demonstrates the team’s commitment to creating a sustainable and scalable blockchain infrastructure capable of meeting the growing demands of the market.
