Avail DA mainnet officially launched, AVAIL token will be listed simultaneously

Avail, a modular project dedicated to integrating all Web3 users and developers through a “unification layer”, today announced the launch of Avail DA Mainnet and AVAIL Token. The launch of Avail DA is the first step towards realizing Avail’s vision, which is to provide developers with the necessary tools to enhance blockchain scalability, improve liquidity, and provide seamless usability across different blockchain ecosystems.

Avail DA is a modular blockchain solution designed to optimize data availability (DA) for highly scalable and customizable Rollup. Avail DA is the only DA layer that combines KZG commitments and Data Availability Sampling (DAS) and is chain-agnostic, making it compatible with any blockchain. This is a significant milestone in the development of blockchain, enabling Rollup to immediately benefit from the features and advantages of ETH2.0 Danksharding roadmap.

Avail’s light client uses validity proof to efficiently verify data availability and can be integrated into consumer-grade hardware such as mobile phones. The combination of DAS and validity proof enables faster DA verification, allowing Avail’s verification nodes to immediately sample data after Block confirmation. To drop the centralization risk of verification nodes, Avail adopts the Nominated Proof of Stake (NPoS) Consensus Mechanism, which evenly distributes staked tokens among active verification nodes. The decentralization verification node cluster for Avail DA was initially designed to support 1000 nodes and can rise to 10000 nodes over time.

Avail co-founder Prabal Banerjee said: “By combining KZG commitments with DAS, we will provide a more advanced data availability infrastructure for today’s blockchain ecosystem. With just a few lines of code, developers can connect any execution environment to Avail DA and build a more powerful blockchain.”

Founders Fund partner Joey Krug said, “The cryptocurrency industry is evolving towards a modular trend, with increasing demand for interoperability. Avail is building the critical infrastructure to advance this trend. Their architecture utilizes KZG proof and DAS, achieving impressive speed and security, as well as complete chain-agnostic. We are excited to support the Avail team and their significant and rapid progress in realizing this vision.”

Upon the launch of Avail DA, the AVAIL Token will also be released simultaneously. As the native asset of the Avail network, AVAIL will be used to pay for DA fees and to ensure network security through stake. Starting today, AVAIL holders can begin staking their AVAIL on staking.avail.tools, thereby having the opportunity to participate in network security maintenance and help the ecosystem achieve incentive consistency.

Avail’s other co-founder, Anurag Arjun, said: ‘Avail DA and AVAIL represent the results of our many years of research and development, aiming to solve a series of key challenges facing the Web3 industry, such as blockchain fragmentation, insufficient data availability, and scalability limitations. It is the cornerstone of the future development of the blockchain industry, capable of endowing the entire ecosystem with seamless collaboration capabilities. We look forward to seeing partners and developers build innovative solutions based on Avail.’

Avail DA supports a variety of long blockchain architectures including Validium, Optimism, Sovereign Rollup, and BTC L2. The network has partnered with 70 long partners, including specific AppChains, Decentralized Finance chains, and Web3 gaming chains, all of which will be integrated with Avail DA at launch or shortly thereafter. In addition, Avail has integrated with mainstream Ethereum L2 solutions, including Arbitrum Orbit, Optimism OP Stack, Starkware, Polygon CDK, and ZKsync within the Rollup framework.

The Avail team is delighted to share the launch of Avail DA with the ecosystem and welcomes community partners to build with Avail. Avail is currently advancing towards the next two major versions, Avail Nexus and Avail Fusion. Avail Nexus is an interoperability layer that provides convenient and powerful proof aggregation, supports ZK rollup for sequencer selection on Avail, and enables settlement across rollups and ecosystems. Avail Fusion, as a secure Network Layer, provides additional economic security through stake and completes the construction of the “unified layer”.

Avail has raised a total of 75 million dollars and received support from investment institutions such as Founders Fund, Dragonfly Capital, and Cyber Capital.

To learn more information and start building on Avail DA, visit mainnet.availproject.org.

About Avail

Avail, led by former Polygon co-founder Anurag Arjun, is currently building a “unified layer” aimed at solving the fragmentation problem of Rollup. Avail will address the scalability issue of blockchain from first principles: Avail DA is a data availability layer that adopts technologies planned in the ETH2.0 sharding roadmap, such as KZG commitments and DAS; Avail Nexus solves the ongoing fragmentation problem and achieves permissionless interoperability by using proof aggregation on Avail DA; Avail Fusion further strengthens the security of Avail by staking long assets. Join availproject.org now and start your journey with the “unified layer”.