Crypto Frontmatter
AVAX Logo

Avalanche

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

frontmatter.json
{
  "path": "eip155:43114/slip44:9000",
  "fileId": "c4b00697f68245a0f5abe0ac28e16a617f48714898aa3d8977ad3017798d1286",
  "modifiedDate": 1717886959689,
  "type": "_slip44",
  "fields": {
    "title": "Avalanche",
    "description": "Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims t...",
    "caip2": "eip155:43114",
    "namespace": "slip44",
    "symbol": "AVAX",
    "decimals": 18,
    "links": [
      {
        "name": "website",
        "url": "https://www.avax.network"
      }
    ],
    "images": [
      {
        "type": "icon",
        "mime": "image/png",
        "size": {
          "width": 512,
          "height": 512
        },
        "path": "4a2599442918f7f96d4600d6f867891d05a1d98fa3aa59a3021bfb7e471715fd.png"
      },
      {
        "type": "icon",
        "mime": "image/svg+xml",
        "size": {
          "width": 512,
          "height": 512
        },
        "path": "b922e62369f4947f34acfbc652ca4a7c44834a3e4fdb38b6588f7d311bfd3059.svg"
      }
    ]
  },
  "html": "<h1>Avalanche</h1>\n<p>Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain\nnetworks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts.\nIt aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising\nscalability.</p>\n<p>This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual\nblockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the\napproach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use\ndifferent consensus mechanisms based on their use cases.</p>"
}