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What is Avalanche?
AVAX is a smart contract platform for decentralized applications (a blockchain). Avalanche was founded by Emin Gün Sirer and launched in 2019.How does Avalanche work?
Validators process transactions and receive validator rewards (supply-side fees).Who governs Avalanche?
AVAX holders own and govern the protocol. They currently take (burn) all of the total transaction fees paid by users (revenue). AVAXs investors include a16z, Polychain, Galaxy Digital, etc.Related posts
The fundamentals of Avalanche
In this week's research piece, we focus on the current state of Avalanche's product, business model, financials, usage, competition, and more! Avalanche is a smart contract platform for decentralized applications (a blockchain). Avalanche was founded by Emin Gün Sirer and launched in 2019.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.