What is Avalanche blockchain?

Avalanche aims to be the world's fastest blockchain, and the blockchain platform is now a serious competitor with an outstanding team, a passionate community, and a highly devoted team at the back end. Avalanche comprises of three blockchains — X-chain, C-chain and P-chain — instead of the one.

What is the Avalanche crypto platform?

Most important of all, the Avalanche crypto platform aims to offer an eco-friendly alternative to the traditional Proof of Work-based blockchain networks. It arrived on the crypto landscape in 2020 and has climbed up the ranks of cryptocurrencies with ease.

What is the main novelty of avalanche?

The main novelty of Avalanche is that it is made up of three blockchains rather than the traditional one. The reasoning behind this architectural decision is brilliant: rather than having one chain handle everything, each blockchain focuses on a certain purpose inside the Avalanche ecosystem.

How does the Avalanche platform work?

By distributing jobs over many chains, the Avalanche platform can fulfill the golden trinity of blockchain qualities — decentralization, security, and scalability. The Exchange Chain (X-Chain) is the blockchain that allows Avalanche assets to be created and traded.