The team of the modular blockchain Avail has announced the launch of the main network of Avail AD and its own token AVAIL.
Avail DA Mainnet & the AVAIL token are now live!
Today marks the launch of Avail DA, the first modular data availability layer using validity proofs + data availability sampling. Now, build blockchains that truly scale with demand.
The AVAIL token powers the network—pay fees,… pic.twitter.com/t3SNvRV8Sl
The protocol is positioned as a data availability layer for Optimism, Validium and other zero-knowledge evidence-based solutions that will work on top of it. The technology will allow you to place and confirm the availability of data (DA) offline, acting as a key component of the concept of a modular network structure.
According to the project statement, Avail DA is a solution designed to optimize data availability and help developers create more scalable, cost—effective and composable chains.
This is only the first of three parts of the modular blockchain stack. The team is currently working on the Nexus interaction layer and the Fusion security layer.
"Data availability is a critical component of the blockchain infrastructure. Without a guaranteed DA, network members cannot easily and independently verify blocks, which can lead to fraud or censorship, as well as theft or freezing of funds," the blog says.
Traditionally, L2 networks in Ethereum have relied on a baseline to provide DA. However, the rapid growth of second-tier solutions has led to congestion, reduced capacity and higher gas prices, the Avail team noted.
According to the project's representatives, rollups spend "millions every month" just on data availability. These costs are directly passed on to users.
"Avail DA is the only data availability layer that combines KZG's commitment with data availability sampling. This is an important milestone for the community, as it allows rollups to enjoy features and benefits similar to Danksharding in Ethereum today," the developers stressed.
The AVAILABLE token is used to pay commissions and staking. Avail uses the Nominated Proof-of-Stake (NPOs) consensus mechanism, which distributes blocked tokens evenly among validators to reduce centralization.
In April, the blockchain team announced airdrop among the project's users. 600 million AVAILABLE will be allocated for these purposes.
Recall that in 2023, Polygon Product Director Anurag Arjun left the post, buying out the Avail project.