Avalanche’s main goal is to provide the same capabilities as Ethereum, but solve the main problems of low throughput and extremely high fees. Avalanche splits the three core jobs – transaction validation, exchanging money, and executing "if this, then that" logic – and operates three separate computer networks to crunch them. This allows it to process thousands of transactions per second as opposed to around 17 for Ethereum, and fees that can be thousands of times lower. The other way Avalanche attempts to replace Ethereum is by simply being compatible with it. Computer code written to build smart contracts on Ethereum can be reused on Avalanche, which has helped it gain rapid adoption.
We think Avalanche is up there as a strong contender in the race to one day become the dominant blockchain technology. In particular, we like that it makes moving code from Ethereum dead simple. Think about it: Most decentralized finance runs on Ethereum today, but has to deal with slow and expensive transactions. With Avalanche, the solution is only a copy-paste away. You can see the impact of this transferrability already. Avalanche's Subnets, their approach to the scaling problem of the Blockchain Trilemma, have proven to be a big attractor for many high quality projects. This is particularly the case terms of DeFi protocols and blockchain gaming.
How do you feel about Avalanche?
Get up to speed on Avalanche in less than 5 mins.
Complete these tasks to become a cryptohunt certified expert.
Avalanche is aon its own,uses to validate transactions,and is.Avalanche also supports.
Interesting facts about Avalanche
Here are some facts you may not already know about Avalanche. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
Avalanche is a system of blockchains that are grouped into "Subnets", where transactions can be validated more efficiently.
Avalanche is carbon neutral by offsetting it's already low-energy impact.
Avalanche has created a vivid ecosystem of over 250 dApps (decentralized applications).
Avalanche reviews from the cryptohunt community
Dive deeper into the different opinions about Avalanche and learn how others feels about it.
See how much Avalanche is worth and learn from other insightful metrics
-0% past 1 week
Based on 20 community reviews
Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members 50,860 10% of them are active
# Telegram members 43,830 3% of them are active
% of total supply circulating Very small
What’s the community like?
Community matters for projects like Avalanche, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.