Symbol: AVAX
Max supply: Unlimited
Consensus: Proof of stake
Released in: 2020
Official website: https://www.avax.network/
Blockchain explorer: https://avascan.info/blockchain/x/asset/FvwEAhmxKfeiG8SnEvq42hc6whRyY3EFYAvebMqDNDGCgxN5Z

What is Avalanche?

Developed by Ava Labs, Avalanche is a blockchain platform that operates as a layer one blockchain, providing a platform for decentralized applications and custom blockchain networks. The platform is a direct competitor with Ethereum in the arena of popular blockchains for smart contracts while also aiming to surpass its rival by providing a transaction output of up to 6,500 transactions per second without compromising scalability. Avalanche utilizes a novel consensus mechanism, Avalanche-X, to provide security and efficiency. This mechanism enables the network to settle transactions in less than a second, providing developers with a faster and more reliable blockchain platform.

You can buy and sell AVAX at SpectroCoin.

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