Express

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

Last Update:

Tags: ,,,
Link: Ava Labs' Avalanche Mainnet Will Be Launched On Sept. 21, Competing For DeFi Market ​Share   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 1 day ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 12 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 15 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago

    • You need to login to comment.