What is AVAX coded?

AVAX is the native cryptocurrency of the platform. … Avalanche (blockchain platform) AvalancheInitial releaseSeptember 2020Code repositoryhttps://github.com/ava-labs/Development statusActiveWritten inGo, TypeScript, JavaScript, Python, VueAvalanche (blockchain platform) – Wikipedia en.wikipedia.org › wiki › Avalanche_(blockchain_platform)

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What is AVAX coin?

Avalanche (AVAX) is a cryptocurrency and blockchain platform that rivals Ethereum . AVAX is the native token of the Avalanche blockchain, which—like Ethereum—uses smart contracts to support a variety of blockchain projects. 1. The Avalanche blockchain can provide near-instant transaction finality.

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Is AVAX built on Ethereum?

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.

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Is AVAX a token?

AVAX is the primary token of the Avalanche network , though developers can issue their own tokens on its custom blockchains. The max supply of AVAX is 720 million tokens, half of which were created with the genesis block.

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