Avail develops innovative solutions to enhance scalability and interoperability in blockchains, addressing key challenges in decentralized technologies.
What is Avail and What Problems Does It Solve?
Avail is a modular data availability layer and a unified coordination layer for scaling. It's a specialized blockchain that aids other networks in scaling more efficiently by providing secure storage and verification of transaction data.
Why is Data Availability Important in Blockchains?
Data availability is crucial as computation moves off Ethereum to Layer-2. Such layers allow for confident verification of all computations due to accessible and readable data, preventing potential fraud from incorrect transactions.
Avail's Features and Advantages
Avail's distinction lies in users' ability to self-verify data availability. Using KZG cryptographic commitments, users gain assurance of data existence without needing to trust operators, creating a more robust and decentralized system.
Avail aims to unite fragmented blockchain networks, enhancing interaction and reducing transaction costs through innovative products like Avail DA, Nexus, and Fusion.