Web 3.0 Procurement. Avalanche Ecosystem
Web 3.0 Procurement. Avalanche Ecosystem
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.
This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.
After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.
Business & Consumer Applications
Avalanche accelerates blockchain business growth by enabling fast, scalable Web3 application development. The Avalanche network is a system of interconnected Layer 1 blockchains, linked through native Interchain Messaging. With built-in customizability and out-of-the-box tooling, projects on Avalanche can scale both up and across the network. Avalanche L1s offers tailored technology for real-world needs.
DeFi on Avalanche
Avalanche’s ultra-fast, low-latency network provides the building blocks for a scalable, efficient and cost-effective financial system on-chain. Avalanche supports everything from dynamic trading strategies to programmable stablecoins, while customizable Layer 1s (L1s) allow institutions to deploy tailored, compliance-aware environments.
Infrastructure on Avalanche
Avalanche is all about scalable and interoperable blockchains, facilitated by Avalanche’s native Interchain Messaging (ICM) feature. Avalanche is the multi-chain platform helping build a scalable Web3 universe—designed with precision control over execution, validation, and cross-chain interoperability. Interchain Messaging enables communication across the layer 1 multiverse for interoperability out-of-the-box.
morokoff 