What makes Avalanche unique?

Avalanche's smart contracts platform supports both decentralized applications (dApps) and autonomous blockchains. Here are some of the features that make Avalanche unique: 3 1 Coin creation rate: The maximum supply of AVAX is capped at 720 million tokens, but AVAX users govern how fast new coins are minted.

What is Avalanche X-chain & C-chain?

The Exchange Chain (X-Chain) is the default blockchain on which assets are created and exchanged. This includes Avalanche’s native token, AVAX. The Contract Chain (C-Chain) allows for the creation and execution of smart contracts.

How many TPS does Avalanche have?

For Ethereum, that number is 14 TPS. Avalanche’s native token, AVAX, is the 10th-largest with a market cap of $33 billion as of this writing in March 2022, according to data from CoinDesk. Avalanche went live in September 2020 and has since become one of the largest blockchains.

What is Avalanche token?

AVAX, the native token of the Avalanche platform, is used to power transactions in its ecosystem. AVAX serves as the means to distribute system rewards, participate in governance and facilitate transactions on the network by paying fees. How Does Avalanche Work?