# Avalanche

**Published by:** [Avalanche](https://paragraph.com/@avalanche-2/)
**Published on:** 2023-01-16
**URL:** https://paragraph.com/@avalanche-2/avalanche

## Content

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability. This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases. After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges. These three networks are secured and validated by the Primary Network, a special subnet. All custom subnets need to validate on the Primary Network by staking at least 2,000 AVAX. Avalanche subnets, or subnetworks, are dynamic sets of validators working together to achieve consensus on the state of a set of blockchains. Every blockchain is validated by one subnet, whereas one subnet can validate various blockchains. Validator nodes can be a member of multiple subnets. Every subnet validator has an incentive to adhere to an individual subnet's security and resource requirements. Every subnet can customize these incentives and may include token rewards, governance, etc. Subnets aims to bring application-specific networks to the broader Avalanche ecosystem. For example, an individual application, product, or service may require certain validator properties, such as memory or internet bandwidth. Validators meeting those requirements can join the Subnet to ensure smooth operations. Additionally, Subnets may have a native token economy and customized fee markets. Avalanche Subnets also support private blockchain development, in which predefined validators join. Those validators are the only ones who can see the content of that private blockchain, an option for organizations who want to keep sensitive information private.

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