Jay Kurahashi-Sofue from Ava Labs Claims Blockchain Challenge Avalanche Is Reaching Decentralization at an “Unprecedented Tempo”

Jay Kurahashi-Sofue, VP of Advertising and marketing at Ava Labs, a company centered on constructing Avalanche in order that the platform can empower individuals to create “an open, easy, and democratic web of finance,” has famous that main as much as the official launch of the Avalanche mainnet, it was clear that Ava Labs needed to convey its position in growing decentralized software program options.

Jay confirmed that, in June 2020, the Ava Labs staff introduced a consolidation of its model id to make the required connections (and distinctions) between Ava Labs, Avalanche, and the Avalanche (AVAX) token. He defined that this effort was meant to be a part of a long-term strategy to establishing Avalanche as an initiative that’s “pushed by and for its neighborhood.”

Jay additional famous that Ava Labs has served because the launchpad for the Avalanche mission. He additionally talked about that Ava Labs plans to proceed taking part in a task in supporting the blockchain-based community’s growth. Nonetheless, in addition they “aspire to minimize [their] affect over the platform’s route as Avalanche governance begins to take maintain,” Jay claims. He argues that that is “the pure development of all nice decentralized networks.”

He added:

“The profitable completion of the Avalanche (AVAX) token sale and the launch of Avalanche’s mainnet marked step one in testing our model consolidation efforts; Avalanche’s model mark exemplifies the platform as a complete, whereas the model mark for AVAX symbolizes a small piece of the Avalanche platform.”

He continued:

“With mainnet launch on September 21, 2020, Avalanche is reaching decentralization at an unprecedented tempo–over 500 full, block-producing validator nodes throughout the first week and quickly rising neighborhood throughout all channels (so far, the Avalanche Twitter has grown 112% for the reason that token sale on July 15).” 

It’s price noting that many blockchain or distributed ledger expertise (DLT) tasks declare that they’re decentralized, nevertheless, this may not essentially be the case. For instance, there have been many circumstances the place these so-called decentralized platforms have been hacked and the founding members or builders needed to step in to convey issues again to regular. In lots of circumstances, this has concerned shutting down the community utterly till the problem is resolved. A very decentralized system could be nearly not possible to close down so simply.

Regardless of these points, Jay confirmed that Ava Labs is concentrated on making it simpler to launch DeFi apps by leveraging blockchain or DLT. The group goals to assist people and companies with creating an open, democratic web of finance.

As famous by the group’s staff members:

“Ava Labs makes it easy to launch finance purposes … with extremely scalable and environment friendly networks, customizable private and non-private blockchains, the aptitude to create any digital asset, and extra.”