Over 100 million transactions have been conducted on Avail’s Goldberg testnet, which is a significant milestone in the company’s preparation for a mainnet launch. Over 100 million transactions were successfully handled by the Avail DA Goldberg testnet, according to the company.
Avail is a Web3 infrastructure layer that minimises trust while enabling modular execution levels to scale and interact. Avail is developing Nexus, a permissionless verification hub that will integrate rollups and chains and use Avail DA as the foundation of trust, to alleviate rollup fragmentation.
Avail had recently raised $27 million in an initial public offering (IPO) round, with notable contributions from Dragonfly Capital and Peter Thiel’s Founders Fund. Among the other angel investors that took part in the round were SevenX, Figment, and Nomad Capital.
The day is here! We’re unfolding the cards!
Avail raises $27m, led by @foundersfund and @dragonfly_xyz to accelerate the unification of web3!
With this, we’ll build the Avail trinity – a three-phase roadmap aimed at unifying multiple ecosystems in web3.
Consisting:
• Avail… pic.twitter.com/DbmuNdoPKz
— Avail | ✈️ ETH Denver (@AvailProject) February 26, 2024
The 100 million milestone is a very dependable indication that the mainnet blockchain can handle real-world network load.
Recently, Avail unveiled “Clash of Nodes,” a testnet with incentives that aims to thoroughly evaluate the network by enlisting the help of validators, light client operators, and other community members.
In addition to providing a forum for participation and competition, this project was crucial in stress testing Avail’s infrastructure. Its goal was to protect a base layer with minimal trust that was centred on data accessibility.
The testnet powered the main functions of the network by utilising validators’ capabilities to reliably validate and generate blocks.
All interested parties are welcome to join “Clash of Nodes,” which offers a variety of tasks like identification verification and balance transfers to aid in network testing.
Avail wants to offer a unified platform that connects different blockchain ecosystems.
Through the implementation of appropriate primitives and standards, Avail network aims to guarantee collaboration and interoperability among heterogeneous blockchain networks. This strategy not only improves the user experience but also promotes a blockchain ecosystem that is more cohesive and effective.
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