The Protocol: Another Episode in the Layer-2 Teams Drama
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”
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Avail
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”
The chains’ users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.
Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the to tweet to CoinDesk, describing it as a “leak.”
A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as “proto-danksharding,” which gives room for a dedicated space that is separate from regular transactions, and at a lower cost.
Avail’s new “data availability” solution, currently in testing, and Madara, which is Starkware’s sequencer, are both expected to go live in early 2024. They might be used in conjunction to create new application chains or “appchains.”