Eric Siu breaks down Avalanche, a blockchain with a consensus protocol that handles high throughput and fast confirmations across thousands of nodes. It costs roughly as much to run as 46 American households use in energy, compared to Ethereum's much higher consumption.
A faster, scalable, more decentralized, more energy-efficient version of Ethereum could be, you know, that simple response. But I think it's a lot more than that. Oh, there's one more thing, sir. So Avalanche, we have, you know, 2 big main innovations. One is the Avalanche consensus protocol. What the hell is even that? Which enables this very high throughput, very low latency, very low confirmation times, you know, high levels of scalability in terms of the network. So we can scale to thousands of nodes. And then also, you know, the energy efficiency piece, I think is really important people these days. And, you know, last we did a survey on how much it costs to run the Avalanche network, it came out to be about 46 American households. Really?
