What is Avalanche (AVAX)?
Avalanche (AVAX) is a fast and scalable blockchain platform for decentralized apps, smart contracts, and custom blockchains. Launched in 2020, it aims to solve the "blockchain trilemma" by balancing performance, security, and decentralization.
Avalanche uses a modern approach with multiple interoperable chains and an efficient consensus model, enabling fast and low-cost transactions compared to older blockchains. It’s also Ethereum-compatible, making it easy for developers to migrate or build cross-chain applications.
Today, Avalanche is widely used in DeFi, crypto gaming, and NFT projects, and is considered a strong choice for solutions where speed, affordability, and interoperability are critical.
