- Project Introduction.
Avalanche is an open-source platform for launching decentralized finance (DeFi) applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem.
It is the first smart contracts platform that confirms transactions in under one second, supports the entirety of the Ethereum development toolkit, and enables millions of independent validators to participate as full block producers.
In addition to supporting sub-second finality, Avalanche is capable of throughput orders of magnitude greater than existing blockchain networks (4,500+ transactions/second), and safety thresholds well-above the 51% standards of other networks.
A key difference between Avalanche and other decentralized networks is the consensus protocol. Over time, people have come to a false understanding that blockchains have to be slow and not scalable after seeing the existing blockchains in action. The Avalanche protocol employs a novel approach to consensus to achieve its strong safety guarantees, quick finality, and high-throughput, without compromising decentralization.
- Coin Info
- Token Name: Avalanche
- Token Symbol: AVAX
- Token Type: Mainnet token
- Total Supply: 720,000,000 AVAX
- Circulating Supply: 385,922,102 AVAX
- Useful Links
- Official Website: https://www.avalabs.org/
- Explorer: https://avascan.info/ ; https://explorer.avax.network/
- Whitepaper: https://assets-global.website-files.com/5d80307810123f5ffbb34d6e/6008d7bc56430d6b8792b8d1_Avalanche%20Native%20Token%20Dynamics.pdf
- Twitter: https://twitter.com/AvalancheAVAX
- Telegram: https://t.me/avalancheavax
