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Ava Labs' Avalanche Mainnet Will Be Launched On Sept. 21, Competing For DeFi Market ​Share

Mary Liu

Summary: Blockchain protocol Ava Labs today announced that it will launch its mainnet Avalanche blockchain on next Monday, September 21st. The Avalanche is a proof-of-stake blockchain that featured over 1,000 nodes operated by community members on its Denali testnet, enables up to millions of independent validators to participate as full, block-producing nodes. The team position it to compete ...

Blockchain protocol Ava Labs today announced that it will launch its mainnet Avalanche blockchain on next Monday, September 21st.

The Avalanche is a proof-of-stake blockchain that featured over 1,000 nodes operated by community members on its Denali testnet, enables up to millions of independent validators to participate as full, block-producing nodes. The team position it to compete for DeFi market share, but the long-term sights set on traditional finance. 

Bitpush previously reported the Avalanche team completed its first public token sale in July, raised $42 million in 4.5 hours. 

By Mary Liu

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