Avalanche is a blockchain platform designed to overcome the scalability, security, and decentralization trilemma through a unique proof of stake mechanism, supporting smart contracts for decentralized applications. It offers custom blockchain solutions, including private and public networks, and features like reduced fees and a burning mechanism. Avalanche consists of three integrated blockchains (exchange, platform, and contract chains) and is fully compatible with Ethereum, delivering faster speeds and lower costs.
Related topics: