Convert and Swap Avalanche AVAX to Real BRL
AVAX/BRL: 1 Avalanche equals R$227.58 BRL
Last update: 5:41 PM, December 22, 2024
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Avalanche is falling this week.
The current price of Avalanche is R$227.58 per AVAX. With a circulating supply of 409,830,497.784 AVAX, it means that Avalanche has a total market cap of R$93,577,115,010.77. The amount of Avalanche traded has fallen by R$1,078,973,975.55 in the last 24 hours, which is a 35.11% decrease. Additionally, in the last day, R$3,073,083,527.10 worth of AVAX has been traded.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About Avalanche
Avalanche describes itself as an open, programmable smart contracts platform for decentralized applications. AVAX is used to pay transaction fees and can be staked to secure the network. Avalanche is compatible with Solidity, Ethereum’s programming language, and can be used to deploy custom private or public blockchains as “subnets.”
Avalanche (AVAX) is a layer one blockchain platform designed to serve as a foundation for decentralized applications and custom blockchain networks. It is a competitor to Ethereum, striving to become the preferred blockchain for smart contracts by offering a higher transaction output of up to 6,500 transactions per second without compromising scalability. The Avalanche network is composed of three individual blockchains: the X-Chain, C-Chain, and P-Chain, each serving a distinct purpose. This unique architecture allows Avalanche to handle different consensus mechanisms based on their use cases, enhancing its efficiency and interoperability with other blockchains.
Avalanche operates through its unique architecture consisting of three individual blockchains. The Exchange Chain (X-Chain) is used to create and exchange the native AVAX tokens and other assets. The Contract Chain (C-Chain) hosts smart contracts and decentralized applications, while the Platform Chain (P-Chain) coordinates network validators and enables the creation of new subnets. Each chain uses a different consensus mechanism tailored to its specific requirements. The Avalanche consensus mechanism employed by the X-Chain and the Snowman consensus mechanism used by the C-Chain and P-Chain allow for simultaneous transaction processing and validation, ensuring transaction correctness with statistical certainty.
Avalanche aims to provide a platform for a wide range of decentralized applications (DApps) and decentralized finance (DeFi) projects. It seeks to enhance interoperability between its ecosystem and Ethereum, facilitating the integration of Ethereum-based projects. Avalanche's unique architecture allows for the creation of private blockchains on the network, which could require validators to be geographically decentralized or comply with certain regulations. This modular structure enhances Avalanche's interoperability with other blockchains wishing to integrate with its ecosystem. Furthermore, Avalanche's high transaction output and scalability make it a suitable platform for applications requiring high throughput.