AVAXUSD

--Avalanche CCC

What is
Avalanche (AVAX)?

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  • Avalanche is a blockchain network that is highly scalable and supports smart contracts. Avalanche was created to address issues plaguing other blockchain networks, such as network congestion and high gas fees. Avalanche uses three separate yet interoperable blockchains to support token creation, decentralized applications, and network validation to combat scalability-related issues facing other blockchain networks. The blockchains are referred to as the X-Chain, C-Chain, and P-Chain. AVAX is the native token of the Avalanche blockchain network that is used to cover gas fees.
  • Ava Labs developed the Avalanche network and AVAX. Ava Labs was founded in 2018 by a group of Cornell University computer science professors and PhD’s - Emin Gün Sirer, Kevin Seqniki, and Maofan Yin.
  • The maximum circulating supply is 720,000,000 AVAX.

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Avalanche News
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