Avalanche, a versatile blockchain platform created by Cornell University professor Emin Gün Sirer, offers developers the ability to launch decentralized applications like DeFi, gaming, and NFTs using smart contracts. The network is secured by validators utilizing a proof-of-stake consensus protocol, enabling quick and cost-effective transaction processing. AVAX Price is the native currency utilized by developers and users on the network to cover transaction fees.
Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains.AVAX is the native token of the Avalanche network.