Avalanche is an open-source, highly scalable ecosystem designed for launching DeFi applications and enterprise blockchain deployments. Its mainnet consists of three blockchains: the X-Chain, C-Chain, and P-Chain. This unique structure addresses blockchain challenges related to scalability, interoperability, and usability. Developers can create customized application-specific blockchains and benefit from the platform’s revolutionary consensus mechanism. Avalanche can confirm transactions in less than one second and supports the full Ethereum development toolkit. It enables millions of independent validators to participate as full block producers using Proof-of-Stake, ensuring exceptional decentralization and speed. AVAX is Avalanche’s native token, with a fixed supply, used for transaction ...
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