• Advertise
  • Disclaimer
  • Contact
  • Submit Post
  • About
Wednesday, March 8, 2023
  • Login
Metaversepaper
Advertisement
  • Home
  • News
    • Latest
    • Blockchains
    • Business
    • Crypto
    • Bitcoin
    • Ethereum
    • Altcoin
    • Web3
    • Web5
    • Policies and Regulation
  • Features
    • People
    • Interviews
    • Opinion
    • Key Players
    • Top Companies
    • Project Spotlight
    • Reviews
  • Education
    • Metaverse 101
    • How To
    • Glosary of Terms
  • Metaverse
    • Events
    • Games
    • NFT
  • Market
    • Price Index
  • Technology
  • Artificial Intelligence
No Result
View All Result
  • Home
  • News
    • Latest
    • Blockchains
    • Business
    • Crypto
    • Bitcoin
    • Ethereum
    • Altcoin
    • Web3
    • Web5
    • Policies and Regulation
  • Features
    • People
    • Interviews
    • Opinion
    • Key Players
    • Top Companies
    • Project Spotlight
    • Reviews
  • Education
    • Metaverse 101
    • How To
    • Glosary of Terms
  • Metaverse
    • Events
    • Games
    • NFT
  • Market
    • Price Index
  • Technology
  • Artificial Intelligence
No Result
View All Result
Metaversepaper
No Result
View All Result
Home Technology

Polygon Technology Introduces Polygon Avail

by Modesta Chi
June 29, 2022
in Technology
Reading Time: 2 mins read
Share on FacebookShare on Twitter

Polygon Technology introduces Polygon Avail to Web 3

Take Away points

  • Polygon Technology introduces polygon Avail to the world
  • The Polygon Avail is the new data availability Blockchain designed to make Blockchains more scalable
  • It helps to remove the gas fees needed for post-transaction data in Ethereum

The Introduction of Polygon Avail 

Polygon Avail was introduced as the new data availability blockchain, designed to make web 3 more scalable. Avail helps users to change how they operate in blockchain, bringing the future of Web3 “modular” where data availability, execution, and settlement are divided into separate layers.

Today, we're introducing the world to @0xPolygonAvail.

Avail takes a bold step towards a modular future, where chains specialize and work together for a much more scalable #Web3.

Here’s how it works 👇 [1/6] pic.twitter.com/d7r9KSc3J7

— Polygon – MATIC 💚 (@0xPolygon) June 29, 2022

“Avail aims to facilitate a complete change in how we approach the design of blockchain systems. Avail enables modular chain design where various execution environments can use Avail for data ordering and availability. Avail is agnostic to the execution layer, which can be the standalone chains or off-chain scaling solutions that use Avail. The applications hosted on these execution layers enjoy the full security of Avail.” Reports the official avail page. 

Related articlesYou may also like

Nubank Partners with Polygon to Launch its Own Cryptocurrency Nucoin

October 19, 2022

Polygon Selected to Participate in Disney’s 2022 Accelerator Program.

July 13, 2022

Why Polygon Avail was introduced

Before the introduction of Polygon Avail, blockchains multitasked. They do so many works like:

  • Reaches an agreement on a transaction (tx), then order and ensure that transactions are available for verification ( Data Availability)
  • Run transactions and determine state changes (Execution)
  • Final verification and judgment (Settlement)

With the introduction of Avail, works are divided. Allowing other blockchains to perform their function, makes them focus on doing what they do best. It is especially for rollups, now rollups see 100x improvements in scalability, They don’t have to store their data on Ethereum anymore, instead, they will store the data on Polygon Avail, it saves cost by getting rid of the gas fees needed for post-transaction data to Ethereum.

Share this:

  • Twitter
  • Facebook
  • More
  • Email
  • LinkedIn
  • Reddit
  • Tumblr
  • Pinterest
  • Telegram
  • WhatsApp

Like this:

Like Loading...

Related

ShareTweetShareSendShare

Modesta Chi

Human. Writer. Fascinated about the metaverse, and its evolution.

Related Posts

Nubank Partners with Polygon to Launch its Own Cryptocurrency Nucoin

by Modesta Chi
October 19, 2022

Nubank on Wednesday entered into a partnership with Polygon into Web3. Takeaway Points Nubank announced its partnership with Polygon The partnership will allow them to launch their cryptocurrency on the Polygon blockchain in the first half of 2023 and share it with their customers free of charge. Nubank will invite...

Polygon Selected to Participate in Disney’s 2022 Accelerator Program.

by Modesta Chi
July 13, 2022

Polygon was selected as one of the six companies to take part in Disney’s 2022 Accelerator program. Take Away Points Walt Disney selected six companies to take part in Disney’s 2022 Accelerator program. Polygon is the only Blockchain Company selected along with the other five participants. With the new companies,...

Green Blockchain Summit Next Step in Polygon’s Sustainability Journey

by Modesta Chi
July 12, 2022

Polygon has announced it will be hosting Green Blockchain Summit, their next step in sustainability development, on July 13. Take Away points Polygon to host Green Blockchain Summit, their next step in the sustainability journey The summit will convene founders, academics, leaders, and more across Web3 to discuss how to...

Meta Tests Profile Pictures on Ethereum and Polygon

by Modesta Chi
June 30, 2022

Meta begins to test NFT profile pictures on Ethereum and polygon for a few creators in the US. Take Away Points A few Meta creators will be allowed to test NFT profile pictures on Ethereum and polygon Users can test the NFT profile pictures, and cross-post on Facebook and Instagram...

Facebook

Facebook and its products go offline for hours

by Patrick El
October 6, 2021

Facebook and its products went offline today, causing worldwide panic that saw users taking to other social networks for safety. Takeaway points Facebook, Whatsapp, and Instagram Shutdown for several hours.Mark Zuckerberg loses over $6bn after the shutdown.Users move to other platforms for refuge.Facebook may face sanctions from policy makers over...

Load More
  • Trending
  • Comments
  • Latest
Metaverse Movies

Top 5 Movies that Explored the Ideas of the Metaverse

April 13, 2022

What is the Metaverse?

August 10, 2021

How to Protect Your Job in a World of Artificial Intelligence(AI)

December 29, 2022
from Pixel To Avatar

10 Things, (Ideas) you should know about the Metaverse.

August 1, 2021
from Pixel To Avatar

10 Things, (Ideas) you should know about the Metaverse.

What is the Metaverse?

Facebook’s Holographic optics is the new face of virtual reality

5 ideas of Life in the Metaverse

OKX Partners with Manchester City’s Four-Star Players to Launch OKX Collective

February 3, 2023

Mark Zuckerberg Called His Management Theme for 2023 the “Year Of Efficiency”

February 2, 2023

Samsung to Introduce its Cryptocurrency Wallet to Eight New Extra Countries

January 20, 2023

McDonald’s Partners with Karen X Cheng to Celebrate the Lunar New Year Experience in the Metaverse.

January 14, 2023
Metaversepaper

© 2022 Metaversepaper

Navigate Site

  • Advertise
  • Privacy Policy
  • Terms of Use.
  • Submit Post
  • About

Follow Us

No Result
View All Result
  • Home
  • News
    • Latest
    • Blockchains
    • Business
    • Crypto
    • Bitcoin
    • Ethereum
    • Altcoin
    • Web3
    • Web5
    • Policies and Regulation
  • Features
    • People
    • Interviews
    • Opinion
    • Key Players
    • Top Companies
    • Project Spotlight
    • Reviews
  • Education
    • Metaverse 101
    • How To
    • Glosary of Terms
  • Metaverse
    • Events
    • Games
    • NFT
  • Market
    • Price Index
  • Technology
  • Artificial Intelligence

© 2022 Metaversepaper

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$22,016.00-0.92%
  • ethereumEthereum(ETH)$1,552.02-0.33%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$289.750.54%
  • usd-coinUSD Coin(USDC)$1.00-0.06%
  • rippleXRP(XRP)$0.3944213.49%
  • cardanoCardano(ADA)$0.322185-2.94%
  • okbOKB(OKB)$43.84-1.65%
  • dogecoinDogecoin(DOGE)$0.072466-2.17%

Add New Playlist

%d bloggers like this: