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What happened to Polygon avail?

Polygon spun off its modular blockchain project, Avail. As part of the move, co-founder Anurag Arjun departed and acquired Avail. Anurag Arjun, a co-founder of Polygon, departed as the company spun off its modular blockchain project, Avail. "Avail will be spun off completely from Polygon Labs," Polygon said in a blog post shared with The Block.

What is avail blockchain & how does it work?

Avail is a modular blockchain that allows developers to build customizable and scalable applications. Unlike monolithic blockchains — such as Ethereum and Solana — modular blockchains break down the essential functions of consensus, security, data availability and execution, and handle them separately.

How does avail work?

In contrast, Avail solves this problem by taking a different approach — instead of verifying the application state, it concentrates on ensuring the availability of the transaction data posted and also ensures transaction ordering. A block that has consensus is considered valid only if the data behind that block is available.

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