HomeGuidesAltcoin BuzzAvalanche AVAX Explained | 2 Minute Crypto

Avalanche AVAX Explained | 2 Minute Crypto

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Avalanche is a high throughput smart contract blockchain platform. Validators secure the network through a proof-of-stake consensus protocol. It is said to be fast, low cost, and environmental friendly.

Mainnet was launched in September 21, 2020. Since then, the platform has grown to secure over 100+ individual projects, $1.4M+ of AVAX burned (reducing supply), 950+ individual block-producing validators, and over 500k+ community members around the globe. Decentralized finance (DeFi) applications can be found on Avalanche such as Pangolin, TraderJoe and Benqi. While popular games on Avalanche includes Crabada.

AVAX is the native token of Avalanche. It is a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
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#avax #avalanche #ethereum

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25 COMMENTS

  1. Get $124 for signing up with MEXC Exchange (FREE $25 in your MEXC wallet + 1-month ALTCOIN BUZZ ACCESS PRO membership (worth $99). https://bit.ly/MexcOffer. All trading pairs and services are available for US customers also.

    (To get your ALTCOIN BUZZ ACCESS PRO membership DM us with your 'newly signed up MEXC UID' and 'Telegram ID' on our Twitter @altcoinbuzzio )

  2. Thank you for your explicit content< BTC has shown us that when she wakes up she knows how to do it and destroy all the bears!! Never go against the trends on cryptos, even less put limit, it is about the immediate sanction., now anyone who has been in the crypto space for the last 6 or more years certainly knows about the cycle structure, every 4 yearsBTC goes through a halving even where the amount of Bitcoin that is mined is cut half. Well, the block reward is cut in half. this cause huge price spikes every 4 yrs because it create a supply and demand crisis that can't be priced in until it's a reality. but all thanks to Declan lim who taught me how to make trade and increased my Crypto from 3 to 11BTC now. No one really knows what is going to happen in the market and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own Investment choices based on their own research……

  3. <NICE VIDEO….. I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

  4. The war in Ukraine 🇺🇦 is meant to open your eyes to the reality in the financial system. Real estate firm and other businesses are also closed too,, only crypto holders and crypto investors are spending money with ease..

  5. Thanks! You very much for touching on all basics we needed to feel confident in buying stocks and to begin investing..
    Furthermore, i greatly appreciate the time taken to go through example..

  6. The market is very unstable and you can not tell If it's going bearish or bullish. I advise everyone to forget predictions and start making a good profit now because future valuations are all speculations and guesses. When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me.But all thanks to Jack Muller for his amazing skills for helping me. Trading went smooth for me as I was able to raise over 9 BTC when I started at 2.5 BTC in just 5 weeks of implementing trades with signals and insights from Jack Muller, I would advise you all to trade your asset rather than hold for a future you aren’t sure about. You can reach Jack on ͲeIєɠɾαm👉JACKMULLER

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