Avail is a modular blockchain infrastructure project designed to scale access to the onchain economy. It provides a secure and scalable infrastructure to connect applications to various blockchain networks. Avail addresses fundamental scaling and user experience problems by offering a data availability layer that anchors modular blockchains using zero-knowledge technology, ensuring responsive and reliable data availability. This allows app developers to onboard new users and liquidity efficiently.
The AVAIL token is the native utility token within the Avail ecosystem, playing a crucial role in the system’s design and network architecture. It secures the Avail network through staking and is essential for accessing data availability services on Avail DA. The AVAIL token is supported on the Avail Mainnet, Ethereum Mainnet, and Base, facilitating cross-chain operations and liquidity.
Avail Nexus, a general-purpose interoperability protocol, leverages Avail DA as its root of trust. This enables developers to access users, tokens, and applications across major blockchain networks without concerns about asset location. The overall goal of Avail is to unify the onchain economy, making it easier for developers to build hyper-scalable and cost-efficient blockchain solutions.
FAQ
What is Avail?
Avail is a modular blockchain infrastructure project that provides a scalable data availability layer and cross-chain coordination. It aims to unify the onchain economy by connecting users, apps, and liquidity across chains.
What problem does Avail solve?
Avail solves fundamental scaling and user experience problems by addressing the fragmentation in the blockchain ecosystem. It makes cross-ecosystem transactions less cumbersome and helps app developers onboard new users and liquidity.
What is Avail DA?
Avail DA is a modular data availability layer that allows rollups to post, verify, and retrieve data without running a full node. It uses zero-knowledge technology to ensure responsive and reliable data availability, enabling high-throughput chains.
What is Avail Nexus?
Avail Nexus is a general-purpose interoperability protocol that leverages Avail DA as its root of trust. It enables developers to access users, tokens, and applications from every major blockchain network, simplifying cross-chain operations.
What is the utility of the AVAIL token?
The AVAIL token is the native utility token of the Avail ecosystem. It secures the Avail network through staking and is used to access data availability services on Avail DA.
On which networks is the AVAIL token supported?
The AVAIL token is currently supported on the Avail Mainnet, Ethereum Mainnet, and Base.
How can users bridge AVAIL tokens between Avail and Ethereum?
The Avail Bridge enables users to transfer AVAIL tokens between the Avail and Ethereum blockchain networks. This typically takes 1-2 hours to complete.
What is liquid staking for AVAIL tokens?
Liquid staking allows AVAIL token holders to stake their tokens in return for Liquid Staking Tokens (LSTs), such as stAVAIL. LST holders can participate in securing the network while also using the LSTs for DeFi applications.
How do Avail DA light clients work?
Avail DA light clients download only block headers and perform data availability sampling. This technique, combined with erasure coding and KZG polynomial commitments, provides strong guarantees of data availability without relying on fraud proofs.
What is erasure coding in Avail DA?
Erasure coding is a technique used in Avail DA to encode data, spreading information across multiple shards. This allows data to be reconstructed even if some shards are lost, making data availability sampling more robust.
What are KZG commitments in Avail DA?
KZG commitments are used in Avail DA to commit to polynomials in a succinct manner. They allow for short openings, helping light clients verify availability, and their cryptographic binding property helps avoid fraud proofs.
Does Avail’s architecture mean that an application’s performance is affected by other chains using Avail?
No, Avail headers contain an index that allows a given application to determine and download only the sections of a block that have data for that application. This means they are largely unaffected by other chains using Avail simultaneously.
Who are the founders of Avail?
Avail is led by former Polygon co-founder Anurag Arjun and former Polygon research lead Prabal Banerjee.
How can one monitor the Avail blockchain?
Users can monitor the Avail blockchain’s on-chain activity, including transactions, data submissions, and staking activity, using Avail’s blockchain explorer.
