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Avalanche (AVAX)
Created in Sept 2020
by Ava Labs
Avalanche Network
Fixed Supply: 409M in circulation, 447m max
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Platform for decentralized platforms and custom blockchain networks.
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ETH rival
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Higher transaction output, 6.5k/per second
3 individual blockchains
X- Chain
Exchange chain (Similar to ERC-20)
C-Chain
Contract chain
-Hosts smart contracts and decentralized apps
-Allows devs to fork EVM compatible apps
P-Chain
Platform chain
-Coordinates network validators
-Track active subnets and enable creation of new subnets
AVAX headquarters
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