Ethereum Fork to Give Free ATH, Meet AVA

emin gun sirer 1

“We need to show to the world that this area can overtake Wall Street and move it to a better foundation. It can overtake governments and move them to a better foundation. And most importantly can overtake corporations and business logic and make them trustworthy again.” That’s Emin Gün Sirer, professor of distributed systems at Cornell, introducing Avalanche (AVA), a new crypto protocol that is described as a platform for platforms. One such platform to run on AVA is athereum, a friendly fork which basically replicates the ethereum network, including all account balances and contracts, onto the new network. In many ways it’s similar to a chain-split where 1eth is equal to, in this case, 1 eth plus 1 ATH (athereum). There is no chain-split however, there’s no contention or anything, but everyone who has eth gets ath. The reason is because they want to showcase the new protocol which…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE