AVAXPublic

Avalanche

Symbol

AVAX

Type

Public

Consensus

Avalanche Consensus

Launch Date

21-09-2020

Founder(s)

Emin Gün Sirer

Developer

Ava Labs

About Avalanche

Avalanche is a smart contracts platform designed for speed, low costs, and environmental sustainability. Created by computer scientist Emin Gün Sirer and developed by Ava Labs, Avalanche features a unique tri-chain architecture (X-Chain, C-Chain, P-Chain) and a novel consensus protocol that achieves sub-second finality. The platform supports Ethereum Virtual Machine compatibility through its C-Chain and enables the creation of custom subnets for specialized use cases. Avalanche has attracted institutional interest and hosts a diverse DeFi ecosystem.