{"id":130418,"date":"2021-06-28T15:06:21","date_gmt":"2021-06-28T15:06:21","guid":{"rendered":"https:\/\/precoinnews.com\/?p=130418"},"modified":"2021-06-28T15:06:21","modified_gmt":"2021-06-28T15:06:21","slug":"polygon-announces-scalable-data-availability-infrastructure-avail","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/polygon-announces-scalable-data-availability-infrastructure-avail\/","title":{"rendered":"Polygon announces scalable data availability infrastructure Avail"},"content":{"rendered":"

Ethereum (ETH) scalability infrastructure developer Polygon has announced the rollout of a general-purpose, scalable data availability solution called Avail.<\/p>\n

According to a release issued on Monday, Polygon revealed that Avail will function as a data available tool for execution layers like sidechains, standalone networks, and layer-two protocols.<\/p>\n

One of the major hurdles for effective blockchain scaling is the data availability problem. Malicious actors can broadcast blocks to the network with incomplete data and other participants will be none the wiser.<\/p>\n

To tackle this problem, the Polygon team stated that Avail utilizes erasure coding and polynomial commitment to combat data encoding fraud proofs by creating a two-dimensional data availability layer.<\/p>\n

Rather than creating their own data availability protocols, execution layers can offload the role to the Avail layer with the latter acting as a secure data hosting site. <\/p>\n

For standalone chains, interfacing with Polygon\u2019s Avail will reportedly enable these networks to rely on the latter\u2019s validator security protocols. Thus, these chains will be able to solve the data availability problem without needing to run their own validator set.<\/p>\n

For layer-two protocols, the announcement revealed that scaling solutions like Validium can expand their scalability throughput by deploying Avail to secure the data availability function offline.<\/p>\n

Commenting on Avail\u2019s importance within the context of ongoing efforts to boost blockchain scalability, the announcement quoted Polygon co-founder Anurag Arjun as stating: \u201cAvail is a key component of a new paradigm in which blockchains will work in the future.\u201d <\/p>\n

\u201cWe believe off-chain scaling solutions and standalone chains will require a robust scalable data availability solution and we are excited to be working on this problem,\u201d the Polygon co-founder added in the release.<\/p>\n

Related: <\/em><\/strong>Polygon debuts SDK for building Ethereum-compatible chains<\/em><\/strong><\/p>\n

Polygon\u2019s popularity continues to be a growing trend within the crypto and blockchain space with an expanding user base that reportedly hosts 1.4 million unique users. Popular decentralized finance staples like Aave and SushiSwap have also established a presence on Polygon.<\/p>\n

Cross-chain liquidity protocol Ren has also recently created a bridge to allow users and projects to port their Ren-based wrapped tokens to the Polygon ecosystem. Back in May, the team released a software development kit to enable developers to create Ethereum-compatible standalone chains as well as layer-two protocols.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) scalability infrastructure developer Polygon has<\/p>\n","protected":false},"author":3,"featured_media":130417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nPolygon announces scalable data availability infrastructure Avail - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/polygon-announces-scalable-data-availability-infrastructure-avail\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polygon announces scalable data availability infrastructure Avail - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Ethereum (ETH) scalability infrastructure developer Polygon has\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/polygon-announces-scalable-data-availability-infrastructure-avail\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-28T15:06:21+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/06\/Polygon-announces-scalable-data-availability-infrastructure-Avail.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/polygon-announces-scalable-data-availability-infrastructure-avail\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/polygon-announces-scalable-data-availability-infrastructure-avail\/\",\"name\":\"Polygon announces scalable data availability infrastructure Avail - 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