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Glossary

Avalanche

What is Avalanche(AVAX)?

Avalanche (AVAX) is a blockchain platform and cryptocurrency. The Avalanche blockchain, which makes use of smart contracts to serve numerous blockchain applications, employs AVAX as its native coin. It is an Ethereum rival that puts scalability and transaction processing speed first. Because its consensus technique is randomized, Avalanche can be regarded as secure. According to Avalanche, their platform enables more robust security features that lessen the blockchain's susceptibility to 51% assaults compared to other blockchains.

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