Uni Professor Poised to Launch Crypto & Blockchain Network

Uni Professor Poised to Launch Crypto & Blockchain Network

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava.

This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. Now though, he is taking his expertise down a new avenue, which is said to have the capability to run as many transactions as VISA.

Ava is a $6 million project funded by the likes of Andreessen Horowitz, Polychain and MetaStable and has reportedly already begun tests in private, with a public launch supposedly imminent. It is said the project obtains a 1.35-second confirmation latency and could break new ground in what applications are possible to be enabled, with the ultimate goal of recording every single certificate on the blockchain.

This aside, there is another reason to be excited about this new prospect from Sirer, as he is an advocate for functionality.  He is strictly supporter of currencies that have actual use capabilities, having previously stated that people should only invest in currencies that “be used, extensively, in the long run.” Advising away from flash in the pan currencies built solely on hype.

As such, the academic second venture into cryptocurrencies should be one ranked highly on your shopping list when Ava is eventually offered to the general public.

Register for Latest Updates & News

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

Blockchain,Cryptocurrency

Ethereum Outlook for 2025

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]

19 February, 2025
Blockchain,Cryptocurrency

SEC and Binance Hit Pause: A 60-Day Legal Truce Amid Regulatory Changes

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]

17 February, 2025
Blockchain,Cryptocurrency

Unraveling the Crypto Coin from Trump Scam: What You Need to Know

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]

13 February, 2025
Blockchain,Cryptocurrency

Japan’s Crypto Evolution: Pioneering Adoption and Regulation

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]

11 February, 2025
Blockchain,Cryptocurrency

The Rise of Cryptocurrencies in Online Casinos: A Global Perspective

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]

11 February, 2025
Blockchain,Cryptocurrency

Top Cryptocurrencies Expected to Perform Best in 2025 and Why

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]

29 January, 2025
Blockchain,Cryptocurrency

Haru Invest – the Ideal Platform to Get in Touch with Crypto

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]

22 March, 2022
Blockchain,Cryptocurrency

XBE Community Launches a $500k Bug Bounty

Emin Gun Sirer, a Cornell University professor who also happens to be a leading blockchain expert, is putting his money where his mouth is with his own crypto and blockchain network, Ava. This will be the second time Sirer has created an entrant into the world of crypto, having founded the first proof-of-work system, Karma. […]

28 December, 2021