Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.
The Avalanche network confirms transactions in under 1 second, supports the entire Ethereum development kit and enables millions of independent validators to participate as full block producers due to its unique architecture.
Avalanche has two consensus engines at launch:
Avalanche: A DAG-optimized consensus protocol - high-throughput, parallelizable, and simple to prune.
Snowman: A chain-optimized consensus protocol - high-throughput, totally-ordered, and optimized for smart contracts.