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Cornell University’s Crypto Professor to Launch His Own Coin

May 16, 2019, 7:13 PM

Emin Gun Sirer, one of the higher-profile academic experts on blockchain technologies, is launching his own cryptocurrency coin and network with funding from some of the biggest venture capitalists in the field.

Sirer, the co-director of the Initiative for Cryptocurrencies and Smart Contracts at Cornell University, said the Ava network will offer high throughput, fast confirmation times of transactions, and support applications ranging from supply-chain tracking to keeping tabs on securities and gold.

Many existing blockchains tend to be specialized, focusing on ensuring user privacy or functioning as a store of value. Ava aims to run as many transactions per ...

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