This Week in Avalanche, Sept 27, 2020
This Week in Avalanche, Sept 27, 2020
Mainnet & More
Avalanche News
Mainnet has launched! On September 21st (just) AVAX went live with 188mil AVAX staked across 260 validators on day 1. Mainnet has been running smooth ever since.
Avalanche wallet is live, you can use it to create accounts and access the network
AVAX Ledger integration is upcoming after it has released you’ll be able to store AVAX in a secure hardware wallet
Athereum, a proposed Ethereum fork deployed as a subnet, has been making some waves in the Ethereum community. There’s some community discussion about what % (if any) of ATH should go to AVAX holders.
If you didn’t update your AVAX address prior to mainnet reach out to support@avax.network ASAP, they can help you (but you might need to be a little patient).
Staking (P-Chain)
A guide for validating and delegating using the avalanche wallet by Rado Minchev
Article on how to set up a validator on AWS by Collin Cusce
Stats:
65% staking ratio (232,649,603 AVAX)
~11% current staking reward per year
474 Validators
Asset Layer (X-Chain)
111 assets have been issued on the X-chain.
Various meme coin airdrops are ongoing. MOON & Baguette appear to be the most popular, it’s a nice way to test out the network but don’t expect these things to have any value.
An introduction to the AVM - a workshop with Gabriel Cardona
Dapp layer (C-Chain)
The C-Chain is live but hasn’t seen much activity yet. If you’re a developer use this tutorial to get started.
Ecosystem
Ava labs has built a block explorer, use it to monitor your accounts.
Avascan has also launched an independent block explorer. They also have a nice blog you should check out.
The SCAN token was announced, it will represent how much users have contributed to Avascan.
The MoneyDance hackathon was announced. $37,000 up for grabs in prizes, running from Sept 28 - Dec 09.
Polyient Games concluded their crowdsale, raising $5M. They’re building a NFT marketplace & DEX on AVAX.
Get rewarded for 2 new tasks in Avalanche hub this week:
Exchanges
Binance, Huobi, OkEx and Gate.io all announced and listed AVAX on day 1
Bitfinex launched trading later in the week
Huobi announced a deposit campaign worth $50,000 in total
Podcasts, Interviews & Misc
Emin interviewed on Crypt0’s youtube channel. Omar, the host was certainly impressed, afterwards he tweeted this.
Emin interviewed on Coin Fugazi, recorded just before mainnet launch.
A Dive Into Avalanche: A high level overview of AVAX, published by Coinmarketcap & written by Emin.
CZ from Binance had some nice words to say, recognising AVAX as a serious competitor.
Interesting tweet thread critiquing Avalanches approach to fees. Another one, this time on rewards in Avalanche consensus. And a third on safety in Avalanche consensus. Kevin responded to the claims here.
Upcoming Dates
Sept 28 - Dec 9: MoneyDance Hackathon
Dec 9: MoneyDance Demo Day
About me & the newsletter
I’m a long term investor & enthusiast in the space. I’ve been interested in Avalanche for a while & decided to start this to keep up with the project & hopefully enable others too as well. If I’ve missed anything or you want me to include something for next week please let me know! You can reach me at @_ed1990_ on twitter or @edwardwill1 on telegram.
P.S. This is heavily inspired by Week in Ethereum by Evan Van Ness, please consider subscribing and donating to his Gitcoin grant.