Crazy that it's not common knowledge how big of a breakthrough Avalanche Consensus is. These dudes grinded for years as researchers at Cornell and created an entirely new consensus mechanism. It's the biggest innovation in decentralized tech since Nakamoto's Bitcoin.
Great episode, awesome questions from Santi per usual. Great idea to have John doing these interviews along side Emin. Please don’t be that eth maxi that is close minded and dismissive of quality innovation. The subnet architecture allows anyone to have an EVM blockchain, with limited restrictions, and lots of control over technical parameters. I can assure you, this is extremely useful for institutions and is the only product of its kind today.
This is why I believe Avalanche will work. It is built to work for as many people as possible rather than trying to push its token price to $1,000,000 a coin.
Scalability is the most critical issue to be solved for mass adaption of blockchain technology all around the world. I believe that Emin Gun Sirer and his team will solve this issue with their subnet technology. Subnets have the ability to message each other. This feature helps us to build a future where everything will be different.
What if a particular dapp is hogging up all the bandwidth on mainnet and decides not to move to a subnet? Is there a way to kick them off the mainnet and force them into their own net?
Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
Appreciate the detailed breakdown! 🧐 I wanted to ask something unrelated: 🤔 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Not sure how to use them, would appreciate help. 🙏
The ETH maxi in the cap getting frustrated is hilarious. He can not punch any hole in the armor and if he is intellectually honest he would accept it by now.
Hey Empire team, please have Piers Ridyard CEO of Radix dlt. Radix dlt is trying to build a full stack solution to defi. They claims to build a chain which has infinite scalability without breaking atomic composability. Also they have Radix engine and asset oriented language Scrypto which will bring the "game engine moment" that early game devs experienced to defi.
Emin didn’t really answer the questions about what the Avalanche’s weakness’s and it’s trade off in the block chain Trilemma. In fact, he just deflected it as well, there are other trilemma we can talk about. Lol Avalanche has its niche, it’s sacrificing its decentralization to have better speed and security. And it’s fine. They said it already. They want to be regulated. They want to be part of the enterprise blockchain solutions. But you can’t walk around pretending Avalanche is still the crypto grass root products…
You're assuming there is a trilemma to begin with. As you stated, Emin mentioned Avalanche is not beholden to the same trade-offs that Ethereum, Bitcoin, are others are beholden to. This is due to new Avalanche consensus and the network's architecture. This doesn't mean a new magical trilemma appears. This means the other tech is not the best tech and Avalanche has at-least solved the issues those blockchains continue to deal with. @kevinip7173 @christianjohnson3205
@@jmart621 Did you just drink the kool-aid? The trilemma of security, scalability and decentralisation is inherently a constraints of our physical world. Unless you can teleport the electron, hence the data, we are always going to have this in "distributed systems", like Emin like calling it. The consensus is taking sample size of the data to come into consensus, it just means faster. If for whatever reason, the internet between Asia and the US had a 1 min delay, the cosensus would still cut it?
The avalanche founder not the asian guy but the other guy is so arrogant, he is a hater!! And he seems very scammy... if we had a picture of a huckster he needs to be it 😂
Educate yourself... so you can keep up with the advances Avalanche has made. If you are educated ..... speak to where you are having a hard time understanding.
@@contrabandi6475 lmao a ‘few understand’ in the wild. It’s not that complex, it’s not more complicated than anything a first year computer science learns. But part of the scam is convincing others that is high tech and innovative.
You're wrong. Educate yourself. Clearly you are not capable of understanding the tech, or you wouldn't characterize Avalanche the way you just did ...because your comment isn't based on any evidence.
Why they are EVM compatible then? If they are that confident, why they did not come up with their own virtual machine like solana? They are literal copy of Ethereum.
@@Iliatjriw5562 c-chain (a subnet) is EVM compatible bc the EVM is great and people want to use it, the x-chain p-chain also primary chain, but as you heard a developer can customize their subnet with any VM they would like- could even launch a rust based vm. I think people miss the point that at it’s most basic form, Avalanche is a VM agnostic set of validators that validate under a new consensus model according to whatever prescribed rules the creator of the subnet wants.
Crazy that it's not common knowledge how big of a breakthrough Avalanche Consensus is. These dudes grinded for years as researchers at Cornell and created an entirely new consensus mechanism. It's the biggest innovation in decentralized tech since Nakamoto's Bitcoin.
But PoLYgOn…..
Great discussion on how Avalanche will outscale L2s! Really interesting insights from Emin Gn Sirer and John Wu. Highly recommend watching!
the cult is strong
Im so impressed with the quality of questions and the level of the conversation is so satisfying.
Great episode, awesome questions from Santi per usual. Great idea to have John doing these interviews along side Emin.
Please don’t be that eth maxi that is close minded and dismissive of quality innovation. The subnet architecture allows anyone to have an EVM blockchain, with limited restrictions, and lots of control over technical parameters. I can assure you, this is extremely useful for institutions and is the only product of its kind today.
This is why I believe Avalanche will work. It is built to work for as many people as possible rather than trying to push its token price to $1,000,000 a coin.
Covered all corners with this one, so good
Scalability is the most critical issue to be solved for mass adaption of blockchain technology all around the world. I believe that Emin Gun Sirer and his team will solve this issue with their subnet technology. Subnets have the ability to message each other. This feature helps us to build a future where everything will be different.
The best part is hands down the shovel analogy Gun used when asked about the trade-offs of the "blockchain trilemma" (19:25)
Great job explaining the technology that Amazon and Alibaba formed a partnership with.... and excites Wall Street
İnformative discussion. Thanks
Insightful interview
Interesting podcast. Thanks everyone
What if a particular dapp is hogging up all the bandwidth on mainnet and decides not to move to a subnet?
Is there a way to kick them off the mainnet and force them into their own net?
Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
You should interview Dominic Williams from Dfinity.
👏👏
Appreciate the detailed breakdown! 🧐 I wanted to ask something unrelated: 🤔 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Not sure how to use them, would appreciate help. 🙏
The ETH maxi in the cap getting frustrated is hilarious. He can not punch any hole in the armor and if he is intellectually honest he would accept it by now.
not enough pushback on their claims
Hey Empire team, please have Piers Ridyard CEO of Radix dlt. Radix dlt is trying to build a full stack solution to defi. They claims to build a chain which has infinite scalability without breaking atomic composability. Also they have Radix engine and asset oriented language Scrypto which will bring the "game engine moment" that early game devs experienced to defi.
evasive feel multiple times in this interview
This guy sounds exactly like Alex Mashinsky
uniswap is not building on avax
Man doesn’t realise ZK roll ups will not lead to fractured liquidity lmao
That’s only one part of the problem, there’re still a multitude of problems that zk haven’t yet able to solve.
@@gumgenius4012 such as? I'm genuinely interested to hear.
I'm sure Emin is aware lol it's not like he is a world leading expert who created the first PoW blockchain or anything.
Emin didn’t really answer the questions about what the Avalanche’s weakness’s and it’s trade off in the block chain Trilemma. In fact, he just deflected it as well, there are other trilemma we can talk about. Lol Avalanche has its niche, it’s sacrificing its decentralization to have better speed and security. And it’s fine. They said it already. They want to be regulated. They want to be part of the enterprise blockchain solutions. But you can’t walk around pretending Avalanche is still the crypto grass root products…
What exactly makes it centralized in your opinion? Stake distribution? Number of nodes?
He said, “Our consensus mechanism is different and doesn’t suffer from the same trilema as the older consensus protocols.”
You're assuming there is a trilemma to begin with. As you stated, Emin mentioned Avalanche is not beholden to the same trade-offs that Ethereum, Bitcoin, are others are beholden to. This is due to new Avalanche consensus and the network's architecture. This doesn't mean a new magical trilemma appears. This means the other tech is not the best tech and Avalanche has at-least solved the issues those blockchains continue to deal with. @kevinip7173 @christianjohnson3205
@@jmart621 exactly. He answers the question, quite clearly.
@@jmart621 Did you just drink the kool-aid? The trilemma of security, scalability and decentralisation is inherently a constraints of our physical world. Unless you can teleport the electron, hence the data, we are always going to have this in "distributed systems", like Emin like calling it. The consensus is taking sample size of the data to come into consensus, it just means faster. If for whatever reason, the internet between Asia and the US had a 1 min delay, the cosensus would still cut it?
The avalanche founder not the asian guy but the other guy is so arrogant, he is a hater!! And he seems very scammy... if we had a picture of a huckster he needs to be it 😂
This is so unlikely ; these guys are delusional
You simply ngmi ❤️
Where are you having a hard time keeping up?
Sure, MiTtErMaYeR...
Absolute fallacy....AVAX will achieve absolutely nothing of note.
Already built a revolutionary consensus stop being a hater
@ExcelBaller it's not hate. Just my opinion 🤷 reeeelax brother✌️
Educate yourself... so you can keep up with the advances Avalanche has made. If you are educated ..... speak to where you are having a hard time understanding.
@@contrabandi6475 lmao a ‘few understand’ in the wild. It’s not that complex, it’s not more complicated than anything a first year computer science learns.
But part of the scam is convincing others that is high tech and innovative.
Cope and seethe...
another Ethereum copy cat
Wrong
You're wrong. Educate yourself. Clearly you are not capable of understanding the tech, or you wouldn't characterize Avalanche the way you just did ...because your comment isn't based on any evidence.
Why they are EVM compatible then? If they are that confident, why they did not come up with their own virtual machine like solana? They are literal copy of Ethereum.
@@ExcelBaller prove me wrong
@@Iliatjriw5562 c-chain (a subnet) is EVM compatible bc the EVM is great and people want to use it, the x-chain p-chain also primary chain, but as you heard a developer can customize their subnet with any VM they would like- could even launch a rust based vm. I think people miss the point that at it’s most basic form, Avalanche is a VM agnostic set of validators that validate under a new consensus model according to whatever prescribed rules the creator of the subnet wants.