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Avalanche is the only network with new tech that gets rid of the problems of Classical Consensus and Nakamoto Consensus.
When someone asked explain Avalanche like I’m five, Twitter Handle Avalunch opined, it is the Son Goku fighting against Freezer vs. Super Saiyajin Goku against Freezer. Much faster and efficient. The number of his opponents are irrelevant scaling.
For clarity, Son Goku is a fictional character and main protagonist of the Dragon Ball Manga series created by Akira Toriyama. Manga — Dragon Ball is a Japanese media franchise created by Akira Toriyama in 1984.
The story follows the adventures of Son Goku, from childhood to adulthood, as he trains in martial arts and explores the world in search of the Dragon Balls, seven magical orbs which summon a wish-granting dragon when gathered. Along his journey, Goku makes several friends and battles villains, many of whom also seek the Dragon Balls.
Community response: I very basically understood how the principles of the tech stack ushered in an entirely new paradigm in crypto. It meets the needs of the next ‘mainstreaming era’. A must-own digital asset.
Jokes aside. It would be very beneficial in my opinion to actually see some legit L1 comparisons so we demonstrate AVAX’s superiority.
Emin Gun Sirer opined: “Working with governments and large foundations is critical to continue to bring blockchain tech to mainstream institutions. The Avalanche Foundation is looking forward to helping the UK develop innovative and competitive digital currency solutions.”
Emin stated this in response to a news which read, “A group of crypto advocates and firms are forming a new coalition to push the United Kingdom to issue a central bank digital currency (CBDC)”
The Digital Pound Foundation have announced their launch and they are focusing on supporting “the implementation of a well-designed digital Pound and digital money ecosystem.” The member firms in the process consist of Accenture, Avalanche, Billon Group, CGI Group, Electroneum, Quant and Ripple.
Community: Why are you pushing for the further centralization of power? Why not choose the path of separation of money and state?
Aren’t CBDCs largely against the ethos of crypto i.e. against centralized power?
It is perfectly normal for every clear-headed state to take advice about blockchain from Avalanche.
Have they given an indication of timescale when we could expect I central-bank digital currency? You guys are doing great work.
I think before issuing their own CBDCs they can buy large amounts of AVAX and use that for test purpose. Then they will ban every crypto that is not under control.
