☆ Overview
Avalanche is a decentralized platform designed to support the creation and deployment of highly scalable and customizable blockchain networks and decentralized applications (DApps). Launched in 2020 by Ava Labs, Avalanche aims to provide high throughput, low latency, and low transaction fees, addressing some of the key limitations faced by earlier blockchain networks.
The Major Features of the Avalanche Blockchain
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High Throughput and Low Latency: Avalanche is designed to handle thousands of transactions per second with sub-second finality. This high throughput and low latency make it suitable for a wide range of applications, from financial services to gaming and beyond. Avalanche’s consensus protocol, Avalanche Consensus, is a novel approach that ensures quick and secure agreement among nodes.
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Customizable Blockchains: Avalanche allows developers to create custom blockchain networks, known as subnets, tailored to specific applications and use cases. These subnets can have their own rulesets, virtual machines, and economic models, providing flexibility and customization that cater to the needs of different projects. This modularity enables the creation of highly specialized blockchain networks.
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Interoperability: Avalanche is designed to be highly interoperable, allowing assets and data to move seamlessly between different subnets and external blockchain networks. The Avalanche-X framework provides tools and protocols to facilitate cross-chain communication, ensuring that assets can be transferred securely and efficiently across various blockchain ecosystems.
Data catalog
Raw
Avalanche Raw, unprocessed data on the Avalanche chain, including blocks, transactions, and logs.
decoded
Decoded transaction data, facilitating easier analysis and deeper understanding of smart contract operations.
Abstracted
The abstracted data tables are built on top of raw data tables and provide a high-level view of the data.