Avalanche (AVAX)

Avalanche is a decentralized, open-source Layer-1 blockchain platform developed by Ava Labs and launched in 2020. It is designed to deliver high throughput, low latency, and scalability for decentralized applications (dApps) and financial primitives.

Key Features:

• Tri-Chain Architecture: Avalanche utilizes three integrated blockchains—X-Chain, C-Chain, and P-Chain—each serving distinct functions to optimize performance and flexibility.
• High Throughput and Low Latency: The platform is capable of processing thousands of transactions per second with sub-second finality, making it suitable for high-performance applications.
• Scalability: Avalanche's architecture allows it to scale efficiently, accommodating a growing number of dApps and custom blockchain networks without compromising performance.
• Interoperability: Through the Avalanche Bridge, the platform facilitates seamless transfer of assets between Avalanche and other blockchains, enhancing cross-chain compatibility.