What is Avalanche?

Avalanche blockchain is a decentralized platform for public and private ledgers that combines performance and security. Avalanche is a platform that allows for multiple different blockchain systems to be layered on top of each other in order to create an infinitely scalable, cryptographically secure, tamper-proof ledger that can be used for any number of industries. The Avalanche network will be resistant to attacks from quantum computers, which are predicted to be capable of breaking the asymmetric encryption used today.

Table of Contents

  1. Who created Avalanche?
  2. What is Avalanche's symbol?
  3. How fast is Avalanche?
  4. What is Avalanche's block time?
  5. Can you mine Avalanche?
  6. Does Avalanche support smart contracts?
  7. Is Avalanche EVM compatible?
  8. Is Avalanche dead?

Who created Avalanche?

Avalanche was created/founded by Emin Gün Sirer, Kevin Sekniqi, and Ted Yin.

What is Avalanche's symbol?

Avalanche's ticker is AVAX.

How fast is Avalanche?

Avalanche can process an estimated 4500 transactions per second. Though, you should also consider block time in this equation too.

What is Avalanche's block time?

Avalanche's block time is approximately 2 seconds. This means that every 2 seconds, the Avalanche blockchain produces a new block.

Can you mine Avalanche?

No, you cannot mine Avalanche. Avalanche is a PoS blockchain.

Does Avalanche support smart contracts?

Yes, Avalanche has smart contracts. It can support DeFi, NFTs, gaming, and more.

Is Avalanche EVM compatible?

Yes, Avalanche is EVM compatible. You can use it with popular Web3 wallets like Metamask. It supports smart contracts, DeFi, NFTs, dApps, and more.

Is Avalanche dead?

Blockchains don't tend to "die"... They're designed to continue running without a centralize authority or provider. If there's still a node running, Avalanche will remain in use. Sure, there may be exploits, or luls in user activity, but generally it should keep running!

Avalanche comparisons

Compare Avalanche with other blockchains to see how it stacks up.

We've compared Avalanche with 18 other blockchains. Click on a comparison to learn more!

Avalanche's social links

Find out more about Avalanche by visiting their official channels!