Avalanche
Avalanche was introduced in 2020, intending to be quick, adaptable, safe, cost-effective, and easy to access. AVAX, the native cryptocurrency, is utilized to cover transaction fees, safeguard the Avalanche network, and function as a primary unit of measurement across Avalanche blockchains. The Avalanche blockchain allows for nearly instantaneous transaction finalization and is capable of handling 4,500 transactions each second. Avalanche is an open-source initiative, allowing anyone to access and contribute to the platform’s coding.
