Avalanche (AVAX) is a high-performance layer-1 blockchain platform designed for scalability, security, and decentralization. Created by Ava Labs and launched in 2020, Avalanche features a unique consensus mechanism that enables fast transaction finality and low fees. The AVAX token is used for transaction fees, staking, and governance. It supports smart contracts and is compatible with Ethereum applications, making it a strong competitor in the DeFi and NFT spaces.
Service Type: Digital Asset Exchange & Brokerage
Learn more:
Official Website: https://www.avax.network/
Whitepaper: https://www.avax.network/whitepapers
Block Explorer: https://snowtrace.io/
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