Avalanche blockchain is a decentralized blockchain platform known for its high throughput, low latency, and scalable consensus protocol. It allows developers to build decentralized applications (DApps) and custom blockchains with subnets, making it a flexible platform for a variety of use cases. Avalanche supports smart contracts and offers near-instant transaction finality, improving transaction speed compared to other blockchains like Ethereum. Its unique consensus protocol, Avalanche consensus, is designed for decentralized governance and high-performance applications, positioning it as a leading blockchain for DeFi and enterprise solutions.
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