CRYPTO DEV DIGEST: Ava Labs First Public Testnet; Steam Gift Cards for BCH; Nethermind 1.8.1

TL;DR: Crypto Dev Digest (CDD) documents cryptocurrency development, highlighting the projects and persons working under the hood. Action-packed installment this go-round includes a massive first public testnet from Ava Labs. Bitcoin Cash can be used to snap up Steam gift cards for gamers. Nethermind 1.8.1 is released, allowing WebSockets and HTTP on the same port; and developers continue pumping out great work even during a pandemic.

Ava Labs First Public Testnet

Cornell University computer scientist Emin Gün Sirer and his project Ava Labs announced the first release of its testnet, Cascade. It’s the first of two planned testnets, with this round allowing for “participants to connect to a global network of validators and participate in high-velocity transactions. Reaching speeds of thousands of transactions per second and payment finality of under two seconds, AVA provides comparable throughput to top payment processing companies,” according to press materials. They’re shooting for mainnet “later this year.”

The press release hits all the major buzzwords: DeFi, cutting-edge, and so on. In truth, the Avalanche consensus protocol, after which AVA is named, captured the imagination of developers across platforms, including those of Bitcoin Cash (BCH). And, more recently, BCH dev Tyler Smith left for AVA.

However, Sirer and his crew found an early home within the Ethereum community, which was among the first embraced decentralized finance and skepticism toward the longterm viability of proof-of-work (PoW). “AVA is designed to be backward-compatible with out-of-the-box support for existing Ethereum-based DeFi applications,” the presser insists. “Migrating decentralized applications to AVA grants open finance the power to deliver its promise to a mainstream audience.”

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DISCLOSURE: The author holds cryptocurrency as part of his financial portfolio, including BCH.