Avalanche blockchain is a high-performance blockchain platform designed for decentralized applications (DApps) and custom blockchain networks. Known for its scalability and low transaction fees, Avalanche uses a unique consensus mechanism called Avalanche Consensus to achieve fast finality and high throughput. This enables thousands of transactions per second (TPS), making it suitable for decentralized finance (DeFi) and enterprise applications. Avalanche supports smart contracts and is compatible with Ethereum, making it an attractive platform for developers seeking speed and flexibility.
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