Emin Gün Sirer of Ava Labs says Avalanche was never marketed as an “Ethereum killer,” Its ability to run independent blockchains is what it emphasizes as opposed to Ethereum.
The head of Ava Labs, Emin Gün Sirer, says Avalanche “was never ever” The word “designed” is used to describe the concept of a person or thing. “Ethereum killer,” Marketing managers developed the term “add-on” to define it. ConsensysAvalanche is a blockchain technology firm that was founded by Joseph Lubin. He was one of the founders of Ethereum. Sirer clarified the Avalanche misconception during the Token2049 event. “has always been complimentary to Ethereum.”
“We never ever marketed Avalanche as an Ethereum killer. That is a phrase that some marketing people at Consensys actually use to elevate Ethereum. We’ve always been complimentary to Ethereum.”
Emin Gün Sirer
Sirer acknowledged Ethereum’s importance in the ecosystem of blockchains, but he highlighted Avalanche’s ability to create independent blockchains that have different rules. This is a unique feature, which he also added Ethereum “fundamentally is incapable of.”
“Ethereum is a single-chain system [and] Avalanche is a multi-chain system. We can do many more things that they can’t do. And one of the most important ones is we allow other people to launch their own blockchains according to their own rules. This is something that Ethereum just fundamentally is incapable of.”
Emin Gün Sirer
Sirer, in addressing the issue of competition, emphasized Avalanche’s consensus protocol, noting how it is faster than Ethereum’s. “puts us in a different game.”
“My competition is with the Wall Street. My competition is not with my good friends in the Ethereum community, of which I’m a part still.”
Emin Gün Sirer
Sirer reiterated Avalanche’s mission and emphasized the platform’s commitment to advance blockchain technology. “bringing new tokens, new assets into the blockchain space.”
Crypto Leaks will be launching its whistleblower website in August 2022. published Ava Labs was accused in an extensive exposé of paying the cryptocurrency-focused law firm Freedman Roche with tokens and equity so that they could file class-action suits against their competitors. Sirer was the only one who knew about it at that time. dismissed Claims as “conspiracy theory nonsense,” Emphasizing the company “would never engage in the unlawful, unethical and just plain wrong behavior claimed in these self-serving videos and inflammatory article.”
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Source: crypto.news
