Avalanche is a decentralized blockchain network that was created as a platform that allows users to build their own dapps or decentralized applications and blockchains. It also offers solutions to common older blockchain problems like limited scalability, centralization, and slow transaction speed.More
Avalanche makes development processes and conversions simpler and more efficient through the use of three blockchain strategies: X-Chain or the Exchange Chain, P-Chain or the Platform Chain, and C-Chain or the Contract Chain. Users create new digital assets on the X-Chain while they build subnets and coordinate validators through the P-Chain, and C-Chain is for the implementation of the EVM or Ethereum Virtual Machine.More
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You want to buy Avalanche? You can buy Avalanche using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see Avalanche, use the search function to search for Avalanche and click on the name. You can indicate for how many euros you want to buy Avalanche in the right window. Below is shown how much Avalanche you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Avalanche when the price of Avalanche reaches your entered value. You can also execute a repeating order. Do you want to buy Avalanche with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Avalanche.
Avalanche was established by Ava Labs, specifically by three individuals with extensive background and experience in finance and technology. The most prominent among them is Emin Gun Sirer, who used to be a Computer Science professor at Cornell University. He also did research work on distributed systems, networking, and operating systems. Sirer is an Initiative for Cryptocurrencies and Smart Contracts or IC3 co-director. Sirer is joined by John Wu, a fintech executive backed by more than 20 years of experience. He is a technology investor in different companies, including the Blackstone Group-backed Sureview Capital, Kingdom Capital, and Tiger Management. The company’s current CPA is Maofan Ted Yin, whose passion lies in building and designing practical distributed systems that help improve peer-to-peer systems, inefficiencies in the consensus, and fault-tolerance. Kevin Sekniqi is Avalanche’s COO. He used to work with NASA JPL and Microsoft, focusing on software engineering and research.