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Last updated: October 09, 2024 23:05

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Avalanche (AVAX): The Fast and Scalable Smart Contract Platform

https://www.avax.network

Avalanche, commonly referred to as AVAX, is a cutting-edge smart contracts platform designed for scalability and speed. It enables developers to build applications in a flexible and efficient manner on an eco-friendly blockchain tailored for Web3 innovation. With transaction finalization times of less than one second, Avalanche supports a diverse range of dApps while maintaining high throughput and security.

Tags: Scalability Speed Eco-Friendly High Throughput Security Decentralization Blockchain Energy Efficiency Sustainability

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Avax Outage Map

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FAQs

What is Avalanche (AVAX)?

Avalanche (AVAX) is a smart contracts platform that allows developers to create decentralized applications (dApps) with high scalability and fast transaction finalization.

How fast are transactions finalized on Avalanche?

Transactions on Avalanche are typically finalized in less than one second, providing a swift experience for users and developers.

What makes Avalanche eco-friendly?

Avalanche is designed to be energy-efficient, consuming the same amount of energy annually as just 46 US households, making it a sustainable option for blockchain technology.

What are Subnets in Avalanche?

Subnets are independent but interconnected blockchains within the Avalanche ecosystem that enhance scalability without sacrificing speed, reliability, or security.

What is the role of validators in Avalanche?

Validators in Avalanche are responsible for securing the network by validating transactions and maintaining the integrity of the blockchain, enabling a decentralized and reliable system.

Q: How often does Avax experience outages?

A: Major outages are rare, occurring only a few times a year. Minor issues can happen more frequently.

Q: How long do Avax outages typically last?

A: Most outages are resolved within a few hours. Extended outages lasting more than a day are extremely rare.

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Is Avax Down?