Why our partnership with AVA Labs is significant in unlocking a $3 trillion market opportunity in decentralized telecom networks on Avalanche

We at Nitro Network (formerly Nucleus Vision) are thrilled to announce our partnership with Avalanche, ranked among the top 15 platforms for creating custom blockchain and Dapps. In more ways than one, this partnership heralds a new phase of growth for us.

It was ETH’s limitations that inspired us to shift to Avalanche which offered us greater scalability and high TPS — 4500 transactions per second! This we immediately perceived to be very much in sync with the growth agenda we had set for ourselves in this crucial phase. Avalanche also was the right fit to our highly-incentivized token model aimed at creating rewards and unlimited wealth to the community and participants of the network.

The Avalanche partnership also comes with a host of other positives. AVAX will support Nitro Network with marketing assistance to its community. With AVAX adoption at a steady rise, it augurs well for us to explore growth opportunities in this crucial stage of our evolution as a company.

Here’ why the switch from ETH to AVAX syncs perfectly with our present and future strategies:

  • High TPS — Leaving behind ETH at only 14 TPS, Avalanche validates more than 4,500 transactions. On top of being highly decentralized, it can also support millions of validators.
  • Faster finality — With ETH’s proof of work technology, it takes at best 14 days? for the payment processing. Avalanche, on the other hand, significantly accelerates transactions, achieving finality in less than two seconds.
  • Eco friendly — Compared to ETH, Avalanche is energy efficient as it is CPU-optimal.
  • AVAL safety threshold — While Ethereum is vulnerable to 51% attacks by miners, AVAX is immune to such threats. Its safety threshold is 80% parameterized.

Avalanche’s exceptional scalability and security is the ideal fit to encourage increased adoption among our customers. Add to this other advantages such as customized rules facilitating asset trading, a high TPS (north of 4500) and minimal gas fees, and we have the best custom blockchain that will support our aggressive growth agenda as we race on to build community-powered decentralized telecom private networks.

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About Nitro Network (formerly Nucleus Vision)

At Nitro Network, we are building a world of private communication networks powered by IoT together with LoRaWAN/3G/4G and 5G. This hyperconnected world is the IoT alternative to cellular networks unlocking a $3 trillion market opportunity. We believe our decentralized private telecom networks is a gamechanger built on a blockchain with our proprietary token NCash at the core that drives utility and value from unlimited use cases. We are creating an inclusive ecosystem incentivizing users to own, operate and earn from the private networks of the future.

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Disclaimer: This is not investment advice. Please do your own research before investing in any avenue. The information contained in this post is for informational purposes only. You should take independent advice from a professional or independently research and verify, any information that you find in this post and wish to rely on, for the purpose of making any decision. Through this post, you may be able to link to other websites which are not under the control of Nucleus Vision. We have no control over the nature, content, and activity on those sites. The inclusion of any links does not imply a recommendation or endorsement of the other website, its products, or views.

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https://nitro.network/

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https://nitro.network/

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