Avalanche is a flexible smart contract blockchain platform comparable to Etherium for creating custom blockchain networks and decentralized applications, heavily favoring Defi programs. [m]

Etherium’s creator Vitalik Beuterin says he thinks the blockchain has similar legitimacy as Bitcoin, “Avalanche has genuinely interesting tech.” [m].

The platform shows to be much cheaper in fees and much faster in transaction rate to Etherium.

Coindesk reports that this past November 2021 “Layer 1” tokens on the Avalanche Blockchain soared in value. [m]

The chain looks to be just as it is named, with many heavy statements, such as from Reddit Co-founder, Alexis Ohanian “Big thinking has shaped Avalanche since day one. Avalanche is positioned to turn the promises of decentralized finance into a reality for people around the world to take control of their money.”

Alex Tapscott a Co-Founder of the Blockchain Research Institute said that “Avalanche is building an infrastructure that will enable a new, and perhaps golden era of financial services defined by innovation, openness, and efficiencies in new products and services.”

We are into Avalanche ourselves, we are watching it closely and we will produce more minutes on the explosive chain very soon.

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