Avalanche is a high-throughput, open-source platform designed for launching decentralized applications (dApps) and enterprise blockchain deployments. Its unique consensus mechanism, which differs from traditional Proof-of-Work or Proof-of-Stake, allows for fast transaction finality and scalability. AVAX, the native token, is used for securing the network through staking, paying transaction fees, and serving as the base unit of account within the Avalanche ecosystem, driving its growing adoption in DeFi and other blockchain applications.
What is Avalanche (AVAX)?
Discover the key facts about Avalanche (AVAX).
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6 Types of Cryptocurrency and How to Donate Them The Giving Block accepts more than 80 types of cryptocurrency that donors can use to support nonprofits and charities in a variety of ways. Read more
Donate Other Cryptos We are able to process some donations of cryptocurrencies that aren't listed in The Giving Block's Donation Form. Please read this information and/or contact us to verify. Read more
What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
