A Simple Introduction to Avalanche

What is Avalanche (AVAX)?

  • Avalanche Consensus Model: follows Proof of Stake but with few unique differences
  • Uses subsample voting which is using a small random sample size to validate transactions
  • Then transaction is accepted, network gossip happens where participants exchange information back and forth to continue to validate the transaction or reject it
  • Difference of PoW or PoS is that in this new consensus model, number of nodes doesn’t matter; consensus will be reached in a certain desired timeframe
  • Harder to attack where PoW requires 51% of mining power and PoS requires 51% of staked tokens
  • To perform an attack on Avalanche, you will need to control 80% to attack the network
  • 4,500 transactions / sec per subnet, takes 3 seconds to finalize transaction
  • Has 1 primary network with 3 sub blockchains
  • X-Chain (Blockchain 1): Creation, management and transactions of token in the network
  • C-Chain (Blockchain 2): For smart contract, copy of ETH virtual machine
  • P-Chain (Blockchain 3): Management, coordinating all validators and the staking mechanism

What are Subnets?

  • Subnet is a new network within the Avalanche ecosystem
  • Each subnet could have multiple blockchains like the primary Avalanche network
  • The blockchain of each subnet could have its own consensus model
  • Each blockchain can also have its own virtual machine
  • Subnets can be both private and public blockchains


Please enter your comment!
Please enter your name here

Hi! I'm

Ricky Young

My belief is that financial freedom can only be achieved through a combination of smart investing and passive income. This is my journey to achieve financial freedom.

Disclaimer: The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. To learn more, read our Terms of Use.