Avalanche (AVAX) is a layer-1 smart contract platform built by Ava Labs, which is headquartered in Singapore. It is a proprietary proof-of-stake blockchain that is Ethereum-compatible . Developers can build and deploy decentralized applications (dApps) on the platform.
Read moreHow do I get AVAX?
How to Buy AVAX
Read moreHow do I convert AVAX to Bitcoin?
How to Convert AVAX to BTC?
Read moreIs Avalanche crypto mineable?
Unlike the bitcoin network, where computer “miners” compete to process transactions and earn a reward in a system called proof-of-work, Avalanche is a proof-of-stake blockchain where people are assigned blocks to mine according to how many tokens they hold . Avalanche rewards users with its native AVAX token.
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