Fastest smart contracts platform by time-to-finality
Avalanche is a platform used to launch decentralized applications (Dapps) and enterprise blockchain deployments within a highly scalable, interoperable ecosystem. It features the following properties; scalable, secure, decentralized, governable (through AVAX token), interoperable and flexible. It runs on Proof-of-Stake (PoS) with few unique differences, which are sub-sampled voting and the high difficulty level for the network to be attacked. Avalanche smart contract are able to approve transactions in under one second. Avalanche's primary aim is to provide an integrated platform for creating, transferring, and trading digital assets.
AVAX is native token for Avalanche. Owner of AVAX token can stake their token to become block-producers and validators and also to be rewarded.