What is Avalanche (AVAX)? | Crypto Guide

#avalancheavax #web3 #crypto #ethereum
Think of Avalanche as a customized version of Ethereum — it’s almost like it followed an existing blueprint for a car but made some modifications to help it run even faster and more efficiently.


00:00 - Smart Contracts and transaction speed problem
00:36 - Huge ETH Gas Fees problem
00:58 - How Avalanche plans to solve scalability and fees problem?
1:48 - What can be built on Avalanche?
2:35 - What are 3 Avalanche Chains?
3:35 - Avalanche Chains Summary
4:50 - What is Avalaunch?
5:32 - Avalanche Dapps and Investors
6:50 - Lack of transparancy
7:15 - Final thoughts


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This video is for informational purposes only and is not investmen