Avalanche
Fast L1 blockchain with sub-second finality — subnets architecture.
Avalanche (AVAX) is a blockchain platform created in 2020 by Ava Labs, focused on speed and scalability without sacrificing decentralization.
Architecture — 3 chains:
•X-Chain — asset creation and transfer
•C-Chain — EVM compatible, for smart contracts and DeFi
•P-Chain — validator coordination and subnets
Subnets: Avalanche allows creation of private/public subchains (subnets) with custom rules. Institutions use subnets for private blockchain networks.
Consensus: Avalanche consensus — ~1 second finality, 4,500+ TPS.
Ecosystem: Trader Joe DEX, Benqi lending, GMX futures. AVAX staking ~8% APY.