Avalanche is an open-source platform known for its high throughput and interoperable subnets, launched by Ava Labs in 2020. The network consists of three chains, Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain). Each chain uses different consensus mechanisms, allowing for various functionalities such as decentralized trading, EVM support, and smart contract execution.

Avalanche is an open-source platform known for its high throughput and interoperable subnets, launched by Ava Labs in 2020. The network consists of three chains, Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain). Each chain uses different consensus mechanisms, allowing for various functionalities such as decentralized trading, EVM support, and smart contract execution.