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What is Avalanche (AVAX) | What is Avalanche coin | What is AVAX coin

What Is Avalanche (AVAX)?

Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services.

It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.

Developers at Ava Labs claim that Avalanche is the first smart contracts network to offer transaction finalization in under one second as standard.

Avalanche launched its mainnet in September 2020. The platform’s native token, AVAX, performs various tasks within Avalanche and also functions as a rewards and payment system for users.

Who Are the Founders of Avalanche?

Ava Labs has three co-founders, among whom is  Emin Gün Sirer, the veteran computer scientist long associated with Bitcoin ( BTC) and decentralized networks.

Sirer has long been concerned with Bitcoin scaling, and the Avalanche Consensus is a direct follow-on from this research, allowing transaction volumes significantly higher than Bitcoin and competing with the likes of Visa.

Like Sirer, fellow co-founders Kevin Sekniqi and Maofan “Ted” Yin are also associated with Cornell University. Sirer is an advisor to Yin, who is undertaking a PhD in computer science.

The remainder of the team is made up of computer science, economics, finance and law experts.

What Makes Avalanche Unique?

Avalanche provides decentralized asset trading which anyone can launch and use, and does so with a network which is unique in the digital realm in providing subsecond transaction confirmations.

Developers aim to bring together the huge, fragmented and often opaque world of asset trading under one roof, allowing barrier-free access. Developers can create and release all manner of entities from blockchains to digital representations of any asset, and allow them to trade according to any given parameters. These include, for example, mimicking compliance regulations in various jurisdictions.

The AVAX token forms the in-house payment method for Avalanche, and is used for fee collection during transactions, as well as for incentives and related purposes. Users can also earn passive income by staking their coins on the network.

Related Pages:

Check out CMC Alexandria’s deep dive into Avalanche here.

Read more about Ethereum 2.0 here.

Check out our interview with Emin Gün Sirer here.

Want to learn more about Bitcoin (BTC) or other cryptocurrencies? Check out CoinMarketCap’s dedicated guide here.

How Many Avalanche (AVAX) Coins Are There In Circulation?

AVAX has a maximum capped supply of 720,000,000 (720 million) tokens. The genesis block contained half of that supply.

The other half will be released according to an emission curve detailed in the Avalanche whitepaper. A key difference to the emission of Bitcoin — which is unalterable — is that the AVAX release rate can be changed by community consensus. The supply cannot be changed; all that can differ from consensus is the rate at which the supply cap is reached.

In another contrast to Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins.

Transaction fees themselves vary according to the type of operation that the AVAX transaction is performing on the Avalanche network.

How Is the Avalanche Network Secured?

Avalanche is a proof-of-stake ( PoS) protocol which rewards users for staking coins. PoS networks have come under fire for their low attack cost, which in some cases has exposed serious vulnerabilities.

According to Ava Labs, Avalanche gets around this by changing governance to make it all but impossible for an attacker to covertly gain the necessary consensus.

Where Can You Buy Avalanche (AVAX)?

AVAX is a freely-exchangeable token and has made its way to major exchanges including Binance, OKEx and Huobi Global.

Would you like to earn AVAX right now! ☞ CLICK HERE

How and Where to Buy Avalanche (AVAX) ?

AVAX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy AVAX

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

After the deposit is confirmed you may then purchase AVAX from the exchange.

Exchange: Binance, Huobi Global, OKEx, HBTC, and BiKi

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once AVAX gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

BinanceBittrexPoloniexBitfinexHuobiMXCProBITGate.ioCoinbase

Find more information AVAX

☞ Website
☞ Explorer
☞ Source Code
☞ Social Channel
Message Board
☞ Documentation
☞ Coinmarketcap

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #avalanche #avax

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What is Avalanche (AVAX) | What is Avalanche coin | What is AVAX coin
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What is Avalanche (AVAX) | What is Avalanche coin | What is AVAX coin

What Is Avalanche (AVAX)?

Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services.

It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.

Developers at Ava Labs claim that Avalanche is the first smart contracts network to offer transaction finalization in under one second as standard.

Avalanche launched its mainnet in September 2020. The platform’s native token, AVAX, performs various tasks within Avalanche and also functions as a rewards and payment system for users.

Who Are the Founders of Avalanche?

Ava Labs has three co-founders, among whom is  Emin Gün Sirer, the veteran computer scientist long associated with Bitcoin ( BTC) and decentralized networks.

Sirer has long been concerned with Bitcoin scaling, and the Avalanche Consensus is a direct follow-on from this research, allowing transaction volumes significantly higher than Bitcoin and competing with the likes of Visa.

Like Sirer, fellow co-founders Kevin Sekniqi and Maofan “Ted” Yin are also associated with Cornell University. Sirer is an advisor to Yin, who is undertaking a PhD in computer science.

The remainder of the team is made up of computer science, economics, finance and law experts.

What Makes Avalanche Unique?

Avalanche provides decentralized asset trading which anyone can launch and use, and does so with a network which is unique in the digital realm in providing subsecond transaction confirmations.

Developers aim to bring together the huge, fragmented and often opaque world of asset trading under one roof, allowing barrier-free access. Developers can create and release all manner of entities from blockchains to digital representations of any asset, and allow them to trade according to any given parameters. These include, for example, mimicking compliance regulations in various jurisdictions.

The AVAX token forms the in-house payment method for Avalanche, and is used for fee collection during transactions, as well as for incentives and related purposes. Users can also earn passive income by staking their coins on the network.

Related Pages:

Check out CMC Alexandria’s deep dive into Avalanche here.

Read more about Ethereum 2.0 here.

Check out our interview with Emin Gün Sirer here.

Want to learn more about Bitcoin (BTC) or other cryptocurrencies? Check out CoinMarketCap’s dedicated guide here.

How Many Avalanche (AVAX) Coins Are There In Circulation?

AVAX has a maximum capped supply of 720,000,000 (720 million) tokens. The genesis block contained half of that supply.

The other half will be released according to an emission curve detailed in the Avalanche whitepaper. A key difference to the emission of Bitcoin — which is unalterable — is that the AVAX release rate can be changed by community consensus. The supply cannot be changed; all that can differ from consensus is the rate at which the supply cap is reached.

In another contrast to Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins.

Transaction fees themselves vary according to the type of operation that the AVAX transaction is performing on the Avalanche network.

How Is the Avalanche Network Secured?

Avalanche is a proof-of-stake ( PoS) protocol which rewards users for staking coins. PoS networks have come under fire for their low attack cost, which in some cases has exposed serious vulnerabilities.

According to Ava Labs, Avalanche gets around this by changing governance to make it all but impossible for an attacker to covertly gain the necessary consensus.

Where Can You Buy Avalanche (AVAX)?

AVAX is a freely-exchangeable token and has made its way to major exchanges including Binance, OKEx and Huobi Global.

Would you like to earn AVAX right now! ☞ CLICK HERE

How and Where to Buy Avalanche (AVAX) ?

AVAX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy AVAX

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

After the deposit is confirmed you may then purchase AVAX from the exchange.

Exchange: Binance, Huobi Global, OKEx, HBTC, and BiKi

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once AVAX gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

BinanceBittrexPoloniexBitfinexHuobiMXCProBITGate.ioCoinbase

Find more information AVAX

☞ Website
☞ Explorer
☞ Source Code
☞ Social Channel
Message Board
☞ Documentation
☞ Coinmarketcap

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #crypto #avalanche #avax

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3 COINS TO $3 MILLION! Top coins to GET RICH in May/June

0:00 Intro
0:29 Tokenmetrics
1:02 Market Overview
3:38 Coin #3
7:26 Coin #2
11:24 Coin #1
15:32 Join Tokenmetrics!
📺 The video in this post was made by K Crypto
The origin of the article: https://www.youtube.com/watch?v=wghBTuHq_MA
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
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(There is no limit to the amount of credit you can earn through referrals)
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Avalanche (AVAX) là gì? Giới thiệu dự án Avalanche và AVAX Token

Dự án Avalanche (AVAX) là gì?
Avalanche (AVAX) là một nền tảng có cấu trúc mạng lưới ô cho phép khởi chạy các ứng dụng tài chính phi tập trung (DeFi), tài sản tài chính, giao dịch và các dịch vụ khác. Mục đích dự án là trở thành một nền tảng giao dịch tài sản toàn cầu, cho phép bất kỳ ai cũng có thể khởi chạy hoặc giao dịch bất kỳ dạng tài sản nào và kiểm soát nó theo cách phi tập trung bằng cách sử dụng hợp đồng thông minh và các công nghệ tiên tiến khác.
Các nhà phát triển tại Ava Labs tuyển bố Avalanche sẽ là hợp đồng thông minh đầu tiên có thể hoàn tất giao dịch trong vòng chưa đầy một giây. Avalanche ra mắt mạng chính (blockchain) của mình vào tháng 9 năm 2020. Token gốc của nền tảng là AVAX, token này thực hiện nhiều nhiệm vụ khác nhau trong các giao thức của Avalanche và cũng có chức năng như một hệ thống thanh toán và phần thưởng cho người dùng.

Tìm hiểu nền tảng AVAX là gì?
Tìm hiểu nền tảng AVAX
Phương thức hoạt động của Avalanche (AVAX) là gì?
Như chúng ta đã biết Bitcoin, Ethereum Classic xây dựng trên nền tảng blockchain với giao thức bằng chứng công việc (Proof of Work) của thuật toán SHA256 đòi hỏi rất nhiều năng lượng và sức mạnh của máy, đồng thời hạn chế trong khả năng mở rộng khối thể hiện qua các đợt hardfork của BTC để nâng cấp như BCH (Bitcoin Cash) và BSV (Bitcoin SV), BCHA (Bitcoin ABC). Đối với nền tảng blockchain của AVALANCHE, blockchain này sử dụng thuật toán giao thức đồng thuận (Proof of stake) với giao thức được gọi là Snow protocol lấy cảm hứng từ thuật toán gossip algorithms. Giao thức này cũng khắc phục các thuật toán đồng thuận truyền thống và thuật toán đồng thuận của Nakamoto trước đây.
Tóm tắt ngắn gọn cơ chế như sau: Hệ thống hoạt động bằng dựa trên hàm toán học xác suất của việc lấy mẫu ngẫu nhiên và cơ chế di căn (metastable mechanism). Trong đó Tham số này bảo mật có thể điều chỉnh được sao cho khả năng sự đồng thuận rất nhỏ và tùy ý. Phân tích cho thấy rằng cơ chế di căn (metastable mechanism) này rất mạnh mẽ: nó có thể di chuyển một mạng (network) lớn đến trạng thái không thể đảo ngược một cách nhanh chóng, trong đó tính không thể đảo ngược ngụ ý rằng một phần đủ lớn của mạng đã chấp nhận một đề xuất và một đề xuất mâu thuẫn sẽ không được chấp nhận với bất kỳ mức nào cao hơn không đáng kể (ε) xác suất.
Ưu điểm này là hệ thống có thể đạt được thông lượng cao (3400 tps), cung cấp độ trễ xác nhận thấp (1,35 giây) và mở rộng quy mô tốt so với các hệ thống hiện có cung cấp chức năng tương tự.

Hệ sinh thái của Avalanche (AVAX)
Hệ sinh thái của Avalanche (AVAX)
Hệ sinh thái của Avalanche (AVAX)
Avalanche có 3 blockchain tích hợp sẵn: Chuỗi trao đổi (X-Chain), Chuỗi nền tảng (P-Chain) và Chuỗi hợp đồng (C-Chain). Cả 3 blockchains đều được xác nhận và bảo mật bởi Mạng chính (Primary Network). Mạng chính là một mạng con đặc biệt và tất cả các thành viên của tất cả các mạng con tùy chỉnh cũng phải là thành viên của Mạng chính bằng cách staking ít nhất 2.000 AVAX.
X-Chain hoạt động như một nền tảng phi tập trung để tạo và giao dịch tài sản thông minh kỹ thuật số, đại diện cho tài nguyên trong thế giới thực (ví dụ: vốn chủ sở hữu, trái phiếu) với một bộ quy tắc chi phối hành vi của nó, chẳng hạn như “không thể được giao dịch cho đến khi ngày mai” hoặc “chỉ có thể được gửi cho công dân Hoa Kỳ.” Một tài sản được giao dịch trên X-Chain là AVAX. Khi bạn phát hành một giao dịch cho một blockchain trên Avalanche, bạn phải trả một khoản phí bằng AVAX.
P-Chain là chuỗi siêu dữ liệu trên Avalanche và điều phối các trình xác thực, theo dõi các mạng con đang hoạt động và cho phép tạo các mạng con mới. P-Chain thực hiện giao thức đồng thuận Snowman.
C-Chain cho phép tạo các hợp đồng thông minh bằng cách sử dụng API của C-Chain. C-Chain là một ví dụ của Máy ảo Ethereum được cung cấp bởi Avalanche
Hệ sinh thái DeFi hướng đến như sau:

#avalanche (avax)

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0:00 Intro
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0:53 BTC Update
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📺 The video in this post was made by K Crypto
The origin of the article: https://www.youtube.com/watch?v=y1-uV1gSsQY
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

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📺 The video in this post was made by K Crypto
The origin of the article: https://www.youtube.com/watch?v=u0Cm8KqjDU4
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

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