key takeaways
- Avalanche is the fifteenth largest cryptocurrency in the world by market cap.
- John Nahas, vice president of business development at the firm behind Avalanche, joins the Ava Labs Podcast
- He recently (2020), chats through launching bull and bear markets, attempts to solve the blockchain trilemma, avalanche energy production, tribalism in crypto, regulation and more
The industry of cryptocurrency has not been around for a long time. Bitcoin is the granddaddy of the space, and yet it only launched thirteen years ago.
But even in this young industry, avalanche Standing up for his youth. Launched in late 2020 as the crypto bull market raged on, it has quickly established itself among the top projects. Today, it is the fifteenth largest coin by market cap.
In the latest episode of the CoinJournal Podcast, I interviewed John Nahas, Vice President of Business Development at Ava Labs, the makers of Avalanche.
We discussed the rollercoaster ride crypto has been through over the past few years, and how to launch in such an auspicious market environment. Of course, we then also talked about the recent bear market and how it has been for the project as well as crypto as a whole.
One thing I love: pouring cold water on the toxic tribalism for which crypto has a soft spot. I’ve written extensively about this biased, “my coin is better than your coin” attitude that crypto has. This extremism is something that bothers John as well, as he quickly dispelled the “ETH killer” narrative that floated for Avalanche and other blockchains in the space.
We talked about Avalanche’s tech, and why John believes it has solved the blockchain dilemma. John also touched on the energy side of things, a sort of add-on to the trilemma that has only grown louder in recent years, with some cryptos coming under pressure for their massive energy bills.
We also discussed the gray area that regulation is, and how that might be affected, specifically for Avalanche. John emphasized that the recent penalty against Kraken was for failing to properly disclose, rather than against the staking itself.
These are just some of the big topics we cover. If you’re interested in Avalanche, feel free to listen in.
Listen to podcasts on various platforms Here,
Listen on Spotify Here,
Follow Avalanche: @AvalancheAvax
get more information www.avax.network/community
Follow Ava Labs: @AvaLabsOfficial
follow john @SJohh_Nahas