Blockchain technology has opened up many innovations in the world today. Innovation brings security and ease, especially in financial technology.
Each version of this technology has brought their own form of uniqueness as they improve on specific aspects of the technology.
From Security, anonymity, and speed these pillars of the Blockchain have been the most essential and there has been diversity in the way each of the versions of the technology has tried to approach these pillars. This includes moving from proof of work (POW) to Proof of Stake (POS).
The diversity in the ways each of the Blockchain technologies worked really makes it confusing sometimes because there now lots of special kinds of platforms for each token based on these Blockchain versions.
What is UnityOs?
This UnityOS is not referring to the new OS based on Deepin Linux, this UnityOs is a fictional OS by an Indian playwright back in 2010 (Pyaar Impossible 2010). He explained an Operating system that at one boot can run all other Operating systems like Windows, iOS, Linux, and even mobile operating systems like Android OS, java, etc. He fictionizes this is OS as such in which you don't need to dual boot or partition any your drive for, they can all run at the same time all you have to do as to run your programs and choose which platform you want to run it on.
Now, this kind of operating system means you don't need to have loads of hardware around you to run any platform you want. Just imagine having an operating system when you are not limited to the types of apps you can use on your PC. This also means you can have the best of all platforms, you don't have to worry about choosing the right application for your system and you don't have to worry that certain applications are not available for your operating system since you run all operating system on your PC. Also, you don't have to memorize a lot of passwords as you can access all of them with one. This type of operating system will bring about a secured and easy to use platform that even noobs can learn and use (no more confusion).
Avalanche bringing the fiction to live
Avalanche is the new big thing on the block that will work just like the UnityOS for Blockchain technology. This means that on the Avalanche Blockchain you don't have to worry about what type of Blockchain your coin belongs just use it.
The Avalanche Platform
Avalanche's main aim is to create a unified platform that can be used for the creation, transfer, and trading of all digital assets. Avalanche aims to improve security and speed by creating a high-performance, scalable, secure, and customizable platform that will support various kinds of smart contracts from different types of blockchain technologies.
Avalanche Scalable platform can support millions of internet-connected devices and perform seamlessly. The scalable platform can also handle very high transaction per second.
The avalanche blockchain also provides the security answer by implementing secure protocols like the Byzantine Fault Tolerance (BFT) and DAG to secure its transactions. These security protocols can prevent double-spending because the BFT can make sure that the other components agree on a value sent and value received. The BFT works on the correctness of value on the Avalanche blockchain.
Furthermore, the Avalanche blockchain operates on Proof of Stake (PoS) anti-Sybil mechanism to make sure its blockchain is decentralized and discourage mining and mining pools. The PoS validators are rewarded proportionally to prevent decentralized mining and to prevent the rich from earning more than necessary. Validators on Avalanche platform doesn’t need a high-powered machine to validate transaction as they don’t need to store all blockchain data on their machine, they only need to store the necessary data to validate the transaction.
Avalanche Subnet
The Avalanche blockchain operates a subnet that allows each blockchain to operates on its own virtual machine. That why it is referred to as the UnityOs of the blockchain. These subnets can run with and without permission autonomously. The Avalanche blockchain can create many blockchains as subnet and the subnets decide who may enter its constituents just like approving and disapproving a VISA to enter a country. There is free entry and Exit into each blockchain such that if any validator is not interested in a certain subnet the validator might simply not join the subnet. The subnets might also require validators to have a certain property to be part of their subnet. Validators on Avalanche are rewarded for validating transactions, the validators nodes will be rewarded in $AVAX token.
$AVAX Token
The $AVAX token will be used as the main reward and transaction payment method on the blockchain. The $AVAX token will be rewarded to the validators. $AVAX will be capped at a maximum cap of 720 million tokens.
Read more about Avalanche
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