Avail: Polygon (MATIC) unveils new blockchain project
Polygon (MATIC) made headlines yesterday: The platform announced that it plans to launch “Avail.” The team behind Polygon, which has built a network based on the Ethereum blockchain with its project, wants to use “Avail” to primarily offer standalone chains, sidechains, and off-chain solutions. In this way, “Avail” is intended to establish a new type of blockchain. What does that mean exactly? You’ll find out in the article.
According to the press release, “Avail” is described in the original English as a “robust general-purpose scalable data availability layer.” This means that “Avail” is intended to be a general-purpose, scalable blockchain focused on data availability. Also mentioned in the press release was the launch of an interest-bearing value investment called Pickle. Finance.
Regarding “Avail,” it was further announced that this application would primarily serve sidechains. This means that various scaling solutions can dock onto Avail and access the transaction data. In this way, Avail can allocate transactions in a scalable manner and check whether the stored data is available. Only then will confirmation be given for the next block.
