Hire a leading Cardano blockchain development company
Blockchain is the buzzword today, whenever and wherever you hear about cryptocurrencies of NFTs. For the unversed, you will come across a variety of cryptocurrencies and non-fungible tokens in the market today. Much of the NFT market relies on Ethereum and Solana. They are the best foundation for NFT-based crypto games. However, you must have heard about another new entrant in the market, and it is none other than Avalanche blockchain. In the last few months, Avalanche has taken over the domain of NFT games.
What is Avalanche Blockchain?
It is one of the recent blockchains to have totally taken over Ethereum. It is thriving well in the Defi ecosystem. You may already know that Ethereum is the biggest smart-contract-operated decentralized network for financial transactions today. However, there seem to be a few problems with Ethereum. It is supposedly too slow, and the fees are also quite high. So, most users call it the blockchain for the banking and financial services sector.
Now, here enters Avalanche which claims to solve the above problems. It can process 4,500 TPS. The native token is AVAX, which is considered the 10th largest in terms of the crypto market share at present. It has positively affected the gaming sector, as well. Many companies and developers are launching their own games on Avalanche.
Source Link: https://bit.ly/3acSU9x
Comments
Post a Comment