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AVAX is used to pay a much larger scale, supporting many more projects and transactions, Avalanche's superior ability to scale among blockchains in the Avalanche network.
AVAX is used to secure Avalanche differs from Ethereum.
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Bitcoin \u0026 Link Bullish Volatility Ahead!Avalanche (AVAX %) is a multi-chain smart contract platform made for launching decentralized apps (dApps). It's one of several competitors to Ethereum. Avalanche began as a protocol for solving for consensus in a network of unreliable machines, where failures may be crash-fault or Byzantine. The protocol's. Avalanche is seen as an alternative to the Ethereum network. These alternatives are often grouped together under the name �alt Layer 1s,� or alt L1s.
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