What is Avalanche?

in #bitcoin7 years ago

I chat with Chris Pacia, lead developer of Open Bazaar and a BCH developer, about a pre-consensus method called Avalanche. The protocol has been applied to the Bchd full node implementation and the proof of concept officially running on the BCH mainnet. Chris Pacia explains how it all works.

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Sounds like a big step for Crypto looking forward to it. Maybe time to invest in Bitcoin Cash? 💯🐒

I think what they are doing with BCH is brilliant, but I'm beginning to lose my bullish tone for BCH and BTC.

Pacia is awesome, but I'm really starting to believe the world will head down an Ethereum/MakerDAO/Dai future. The truth is I'm coming to accept that the BTC guys saying the world money thing doesn't work are essentially right.

The issue is the volatility, which is not likely to change within our lifetime. So, the digital gold concept matches better than the cash concept. However, Dai is a different story entirely... Dai is ready to use right here and now, and doesn't need to conquer the global economy in order to start replacing the US dollar right away.

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