AVAX: Revolution in Blockchain Speed and Scalability
The coin $AVAX is the native token of the Avalanche platform — a layer 1 (L1) blockchain that positions itself as a fast, scalable, and secure competitor to Ethereum.
What makes Avalanche special?
The main goal of Avalanche is to solve the so-called "blockchain trilemma": to find a balance between scalability, security, and decentralization. The platform achieves this through an innovative consensus mechanism and a unique architecture consisting of three interacting blockchains (X-Chain, P-Chain, and C-Chain).