Avalanche

Avalanche is a blockchain platform that supports fast transactions and customizable subnets.

Avalanche is a blockchain platform designed for speed and scalability that enables developers to create customizable blockchains and decentralized applications through its subnet architecture.

Uses a unique consensus protocol based on "repeated random sampling." The network is comprised of three distinct chains (X, P, and C chains) specialized for creating assets, coordinating validators, and executing Ethereum-compatible smart contracts.

Enterprise Subnets: Used for staking to secure a multi-chain network and to pay for fees on "Subnets"—customizable blockchains tailored for specific institutional or gaming use cases.

Multi-Chain Utility: Uses a "burn and mint" model across three chains (X, P, C). It is used for staking to secure the network and for creating "Subnets"—custom, independent blockchains that inherit Avalanche’s primary security.