Ava Labs CEO says Avalanche was ‘never ever’ marketed as ETH killer

nexninja
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Emin Gün Sirer of Ava Labs says Avalanche was by no means marketed as an “Ethereum killer,” stressing although its capacity to deploy unbiased blockchains, not like Ethereum.

The top of Ava Labs, Emin Gün Sirer, says Avalanche “was by no means ever” designed to be an “Ethereum killer,” including that the definition was developed by advertising managers at Consensys, a blockchain tech agency based by Joseph Lubin, one of many co-founders of Ethereum. Addressing the misunderstanding on the Token2049 convention, Sirer famous that Avalanche “has at all times been complimentary to Ethereum.”

“We by no means ever marketed Avalanche as an Ethereum killer. That could be a phrase that some advertising folks at Consensys truly use to raise Ethereum. We’ve at all times been complimentary to Ethereum.”

Emin Gün Sirer

Whereas acknowledging Ethereum’s function within the blockchain ecosystem, Sirer highlighted Avalanche’s distinctive functionality to deploy unbiased blockchains with completely different guidelines, a function he added Ethereum “essentially is incapable of.”

“Ethereum is a single-chain system [and] Avalanche is a multi-chain system. We are able to do many extra issues that they’ll’t do. And probably the most vital ones is we enable different folks to launch their very own blockchains based on their very own guidelines. That is one thing that Ethereum simply essentially is incapable of.”

Emin Gün Sirer

Token2024: Ava Labs CEO says Avalanche was 'never ever' marketed as ETH killer - 1
(Left-to-right) Jasen Qureshi from DragonFly, Raj Gokal from Solana, Emin Gün Sirer from Ava Labs, Mustafa al Bassam from Celestia, Adeniyi Abiodun from Mysten Labs, Keone Hon from Monad | Supply: crypto.information

Addressing competitors, Sirer emphasised Avalanche’s consensus protocols, noting their superior velocity in comparison with Ethereum’s, noting that Avalanche’s protocol “places us in a unique recreation.”

“My competitors is with the Wall Avenue. My competitors will not be with my good pals within the Ethereum group, of which I’m a component nonetheless.”

Emin Gün Sirer

Reiterating Avalanche’s mission, Sirer underscored the platform’s dedication to advancing blockchain know-how by “bringing new tokens, new belongings into the blockchain house.”

In August 2022, the whistleblower web site Crypto Leaks published an intensive expose alleging that Ava Labs paid the crypto-focused regulation agency Freedman Roche in tokens and fairness to file a collection of class-action lawsuits towards rivals. On the time, Sirer dismissed the claims as “conspiracy idea nonsense,” emphasizing that the agency “would by no means interact within the illegal, unethical and simply plain mistaken habits claimed in these self-serving movies and inflammatory article.”


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