Avalanche Research

Avalanche Research

“Avalanche is one of the most promising blockchain mainnets in the market today. With an innovative consensus mechanism, transaction throughput of 4,500+ per second, and Ethereum-friendly development kit, Avalanche can lead to the evolution that blockchain technology has needed all along. BIFROST and BiFi are excited to be partners in contributing to the growth of Avalanche and the blockchain industry as a whole.” — Dohyun Pak, CEO & Co-founder of BIFROST/BiFi

Avalanche has more than 50 live DeFi projects on its network, and a rapidly growing base of users, assets, and applications, Avalanche is emerging as a major DeFi ecosystem. Since the launch of the bridge on February 8, 2021, smart contract activity on Avalanche has boomed, with users executing over 2.7M transactions and creating more than 120,000 unique wallets.

Avalanche References

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