Avalanche Crypto is a decentralized, open-source platform for building and deploying decentralized applications. It is a blockchain platform that is designed to be fast, secure, and scalable. Avalanche is particularly well-suited for building decentralized finance (DeFi) applications, due to its high transactional throughput, low transaction fees, and strong security guarantees. It is powered by a new consensus protocol called the Avalanche consensus protocol, which allows it to process transactions much faster than traditional blockchains.
Avalanche website – https://www.avax.network
Who Are the Founders of Avalanche Crypto?
Avalanche was launched by Ava Labs, founded by Cornell University professor Emin Gün Sirer, and Cornell University computer science Ph.D.’s Kevin Sekniqi and Maofan “Ted” Yin. Gün Sirer is a veteran in cryptographic research, having designed a conceptual peer-to-peer virtual currency six years before the release of the Bitcoin whitepaper. He was also involved in work on Bitcoin scaling solutions and research on Ethereum before the infamous DAO hack in 2016.
Avalanche Crypto Price History
MetaRuffy Coin Price
| Today (1 Jan 2023) | $11 |
| 1 year ago | $114 |
| 2 years ago | $3.66 |
Avalanche Crypto Website Details
| Global Rank | 92,451 |
| Country Rank | 77,427 |
| Country | United States |
| Category Rank | 640 |
| Total Visits | 584.9K |
| Bounce Rate | 57.38% |
Avalanche Crypto Website Traffic Details
| United States | 18.96% |
| United Kingdom | 5.45% |
| Indonesia | 5.28% |
| Thailand | 5.23% |
| Vietnam | 4.78% |
| Others | 60.30% |
Avalanche Crypto Competitors
- snowtrace.io
- traderjoexyz.com
- etherscan.io
- binance.com
- bscscan.com
- dailyhodl.com
Avalanche Crypto Price Prediction
| 2023 | $15.00 | $18.00 |
| 2024 | $18.00 | $21.00 |
| 2025 | $21.00 | $24.00 |
| 2026 | $24.00 | $27.00 |
| 2027 | $27.00 | $30.00 |
Avalanche AVAX
Cases benefit most by leveraging the high-performance capabilities of Avalanche.
Decentralized Finance (DeFi)
DeFi is rapidly growing beyond the limits of one chain. Avalanche is fully compatible with Ethereum assets, apps, and tools with faster speeds, higher throughput, and lower fees.
- Asset Issuance
- Automated Market Makers (AMMs)
- Borrowing & Lending
- Decentralized Exchanges (DEXs)
Institutions, Enterprises, and Governments
Avalanche is the best verifiable platform for institutions, enterprises, and governments. Launch assets, build applications, and create subnets with complete control over your implementation with compliance, data security, and other rulesets built into the foundation.
- Asset Issuance & Trading
- Central Bank Digital Currencies (CBDC)
- Debt Financing
- Digital Identity
- Document Tracking
Digital Collectibles
Mint your own digital collectibles in seconds for fees of less than a cent. Digitally prove ownership, and streamline value flow. Create and share art, collectibles, and more with all the benefits and none of the downsides.
- Art
- Certifications and Licenses
- Collectibles
- Credentials
Non-Fungible Tokens (NFTs)
Mint your own NFTs in seconds for fees of less than a cent. Digitally prove ownership, and streamline value flow. Create and share art, collectibles, and more with all the benefits and none of the downsides.
- Art
- Certifications and Licenses
- Collectibles
- Credentials
- In-game Items
- Music
How To Buy Avalanche Crypto?
You can buy Avalanche Crypto from the following exchanges:
- Binance
- Coinbase
- Kucoin
- Kraken
- Bitfinex
- Bitstamp
- Bithumb
Conclusion
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.
FAQ
What is Avalanche AVAX?
Avalanche AVAX is a decentralized, open-source platform for building and deploying decentralized applications. It is a blockchain platform that is designed to be fast, secure, and scalable.
Who is the founder of Avalanche AVAX?
Avalanche AVAX was launched by Ava Labs, founded by Cornell University professor Emin Gün Sirer, and Cornell University computer science Ph.D.’s Kevin Sekniqi and Maofan “Ted” Yin.
What is the total supply of Avalanche AVAX coins?
The total supply of Avalanche AVAX is 416,988,133 AVAX coins.
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