Avalanche C-Chain is the default smart contract chain on the Avalanche network, built for high-performance EVM-compatible dApps with fast finality and low fees.
Avalanche (C-Chain) Crypto – Price, Exchange & Converter
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What is AVAX Crypto?
Avalanche (AVAXC) is a cryptocurrency created as part of the Avalanche network. The network was founded by Emin Gün Sirer, a computer science professor at Cornell University, and a team of developers.
Avalanche aims to provide a platform for decentralized applications with high throughput and fast transaction times. One of the unique features of Avalanche is its consensus mechanism, which uses a hybrid of proof-of-work and proof-of-stake. This mechanism allows for fast finality and low transaction fees.
Additionally, Avalanche has a built-in asset issuance feature, allowing users to create and manage their own assets on the network. Overall, Avalanche offers a unique solution to the scalability and interoperability issues faced by other blockchains.
Avalanche (C-Chain) FAQ
AVAX is used on the C-Chain to pay gas fees for deploying and interacting with smart contracts, ensuring efficient and secure execution.
Avalanche C-Chain is the smart contract layer on Avalanche, fully compatible with Ethereum. It lets developers deploy Ethereum-based dApps and tokens with lower fees and faster speeds, using Avalanche’s consensus for quick, secure validation — ideal for DeFi and NFT projects.
