Now that Helicon is live, validators can vote to raise or lower the minimum gas fee dynamically. Eric has been researching the impact of higher gas prices, with benchmarks and value capture across blockchains, with his findings coming out soon. This is an important capture mechanism we are looking at improving to align with the Foundation's goal of value capture. Pricing blockspace correctly means more value flowing through the network rather than past it. If you look closely, the experimenting has already begun 🔺

Team1 Thailand is here 🇹🇭 SaWaDiKa Two crowds are building in Thailand, and they rarely meet: the founders and nomads passing through Bangkok, Phuket, and Chiang Mai, and the local devs and students ready to ship. We're building the community hub for Avalanche and to bring everybody together. Before launching as an official chapter, we were already on the ground building the foundation: ⬩ Flagship events nationwide, now reaching beyond Bangkok into Chiang Mai ⬩ Workshops and hackathons with 4 university clubs: Thammasat, Chulalongkorn, Kasetsart, and MUIC ⬩ Events co-hosted with Pudgy Penguins, Bitkub, Binance TH, ST Thailand, and 4SEAS ⬩ Builders onboarded in Thai and English, from first wallet to first deployment Our mission is to make Thailand one of Avalanche's biggest builder hubs in Asia and to back adoption where it's already happening: payments, stablecoins, and institutional infrastructure. That means real programs and real outcomes. 🔺 Workshops and hackathons on campus 🔺 Founder support and direct access to Team1 programs 🔺 Project funding with access to Mini Grants, and Accelerator Grants. 🔺 Marketing and distribution support, even for teams that aren't funded 🔺 Community meetups & builder nights Thailand's institutions are coming on-chain, and we're building the community to match. If you're a founder, developer, student, or just passing through Bangkok, we're here, and we'd love to connect. Get involved with Team1 Thailand 👇

Welcome to Seoul, welcome to KBW, and... Welcome to Crypto House Seoul by @AvaxTeam1 🔺 Come meet builders, pick up market insights, and get smart. 🗓 Mon, Sep 28 | 2-5PM KST 📍 WeWork Seolleung II, 8F Rooftop Meet our speakers 🧵

I love Avalanche 🔺

Avalanche's co-founder helped build a proof-of-work currency six years before Bitcoin... Emin Gün Sirer (@el33th4xor) co-designed Karma at Cornell in 2003 with two of his students. His bios call it the first currency to mint coins through proof-of-work, though Wei Dai's 1998 b-money proposal sketched the idea earlier. Karma aimed to stop freeloading on file-sharing networks by tracking what each user gave and took, long before Bitcoin introduced proof-of-work money. In 2013, he and Ittay Eyal found a flaw in Bitcoin's mining rules. A group of miners could secretly hold back the blocks they found, then release them at the right moment to wipe out rivals' work. Even a minority of miners could earn more than they should. The attack is now known as "selfish mining". He later co-founded @AvaLabs, the company behind Avalanche (@avax), and still runs it as CEO.

Team1 Thailand is here 🇹🇭 SaWaDiKa Two crowds are building in Thailand, and they rarely meet: the founders and nomads passing through Bangkok, Phuket, and Chiang Mai, and the local devs and students ready to ship. We're building the community hub for Avalanche and to bring everybody together. Before launching as an official chapter, we were already on the ground building the foundation: ⬩ Flagship events nationwide, now reaching beyond Bangkok into Chiang Mai ⬩ Workshops and hackathons with 4 university clubs: Thammasat, Chulalongkorn, Kasetsart, and MUIC ⬩ Events co-hosted with Pudgy Penguins, Bitkub, Binance TH, ST Thailand, and 4SEAS ⬩ Builders onboarded in Thai and English, from first wallet to first deployment Our mission is to make Thailand one of Avalanche's biggest builder hubs in Asia and to back adoption where it's already happening: payments, stablecoins, and institutional infrastructure. That means real programs and real outcomes. 🔺 Workshops and hackathons on campus 🔺 Founder support and direct access to Team1 programs 🔺 Project funding with access to Mini Grants, and Accelerator Grants. 🔺 Marketing and distribution support, even for teams that aren't funded 🔺 Community meetups & builder nights Thailand's institutions are coming on-chain, and we're building the community to match. If you're a founder, developer, student, or just passing through Bangkok, we're here, and we'd love to connect. Get involved with Team1 Thailand 👇

Helicon is now live on mainnet 🔺 This upgrade brings improvements to the Avalanche C-Chain and validator infrastructure. The Avalanche Foundation looks forward to seeing the impact of these updates, and investigating them as part of our Economics Research Agenda.