Kim:
The founder of the Avalanche project is Emin Gün Sirer. Sirer is a professor of computer science at Cornell University and an expert on decentralized systems.
The Avalanche team consists of experienced engineers, researchers and entrepreneurs.
It is:
Avalanche is a decentralized blockchain platform.
The platform aims for fast and secure transaction processing.
It supports smart contracts and can be used to create decentralized applications (dApps).
Where:
Avalanche is a blockchain platform that can be accessed from anywhere in the world.
The platform has no central server and is run by a worldwide distributed network of computers.
When:
The Avalanche project was launched in 2018.
The mainnet was launched in 2020.
From where:
Avalanche aims to solve the scalability and security issues faced by existing blockchain platforms.
The platform uses a unique consensus mechanism called "Snowflake" that enables high transaction volume and low latency.
How:
Avalanche uses a consensus mechanism called "Snowflake".
This mechanism creates a network divided into a number of subnets, with each subnet governed by a randomly selected validator.
Transactions are processed in parallel across multiple subnets, enabling high transaction throughput and low latency.
Additional Information:
AVAX is the native cryptocurrency of the Avalanche platform.
AVAX can be used to pay transaction fees, stake, and access dApps.
Avalanche is compatible with Ethereum. This means Ethereum-based dApps can be ported to the Avalanche platform.
Avalanche is backed by many investors and entrepreneurs. The Avalanche Foundation provides funding to encourage development and adoption of the platform.