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Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol.
Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition on Avalanche. https://www.avax.network/
Video: What is Avalanche? - by Avalanche:
As the popularity of cryptocurrencies improves, innovation is needed to make transactions as smooth and seamless as possible. That’s where Avalanche and its native token AVAX come in.
Avalanche and AVAX boast the quickest execution of smart contracts in the crypto world. Recent partnerships with the Ethereum Network could revolutionize its capabilities, breaking down international barriers in the finance world.
Currently, different countries work on different financial systems and regulations. Smooth trading of digital assets can be problematic. Avalanche aims to solve this by creating a unified global financial market, where users of the platform will be able to trade digital currency in a frictionless way.
The project uses the proof-of-stake consensus algorithm. This not only makes it fast but also consumes less energy than some other exchanges available. Avalanche’s own consensus network, AVA, enables this while also allowing the development of dApps by users to enhance the platform further. AVA also allows users to launch their own, admittedly smaller, networks with the right infrastructure.
The Avalanche network plays host to ethereum, bitcoin, and other cryptocurrencies, as well as collectibles. It also enables P2P lending on its platform, something which has only recently come to the crypto space.
Information source: For an in-depth review, Check out: What Is Avalanche (AVAX)? by Robert Mooney at be[IN]crypto:
Disclaimer: This article is provided for educational purposes only and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
