What is Avalanche (AVAX)?

Avalanche is a platform for building powerful decentralized finance (DeFi) applications, financial assets, and custom blockchain implementations.
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What is Avalanche (AVAX)?

Avalanche is an advanced blockchain platform that promises extreme scaling capabilities and fast confirmation times.

It aims to be the fastest, most feature-complete blockchain there is, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.
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Highly Scalable

It is designed to address some of the limitations of older blockchain platforms, including slow transaction speeds, centralization, and scalability—and uses several innovations to do so.

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Inclusive
Proof-of-Stake

While many proof of stake (PoS) blockchains only allow a select number of validators to participate in achieving consensus, Avalanche allows anybody staking at least 2,000 AVAX to participate.

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Wide
Use-Cases

Avalanche allows individuals and firms to easily deploy their own purpose-built blockchains, whether these be for private use-cases (permissioned blockchains) or public ones (permission-less).

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AVAX Token

The AVAX token is used as the in-house payment method for Avalanche, and is mainly used during transactions. Users can also earn passive income by staking their coins on the network.