Avalanche

Avalanche is a blockchain platform designed for high-speed transactions and scalability, making it popular for decentralized finance (DeFi) applications. It uses a unique consensus mechanism called Avalanche consensus, which allows thousands of transactions per second without sacrificing security. The network supports custom blockchains called subnets, enabling developers to create tailored environments for specific needs.

Avalanche's native token, AVAX, is used for paying fees and staking to secure the network. It integrates well with Ethereum through bridges, allowing easy asset transfers between the two ecosystems. Overall, Avalanche aims to provide a faster and more efficient alternative to traditional blockchains while maintaining decentralization.