Avalanche Platform Overview:
- Avalanche is an open-source platform for launching decentralized applications (dApps) and custom blockchain networks.
- What makes Avalanche special?
- Blazing fast transaction speeds
- Low gas fees compared to Ethereum
- Support for custom blockchains and subnets
- Secure and decentralized thanks to its unique consensus mechanism
It has three built-in blockchains, each designed for a specific purpose:
- The X-Chain - Creating and exchanging assets.
- The P-Chain - Handles network metadata, including validators and subnet creation.
- The C-Chain - Smart contracts & DeFi applications
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