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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.

  • ETH rival

  • 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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