AVAX

1. Project Core Positioning and Technical Architecture

Avalanche (AVAX) is a high-performance Layer-1 blockchain platform launched by Ava Labs in 2020, primarily positioned to 'solve the challenges of blockchain scalability, interoperability, and transaction finality,' targeting enterprise applications, DeFi, and GameFi scenarios. The native token AVAX serves as network fuel, collateral for staking, and governance.

The core competitive advantage of its technical architecture is reflected in the three-chain architecture and Avalanche consensus protocol, as detailed below:

- Three-Chain Architecture: Achieves functional separation and parallel processing, supporting high throughput
- Exchange Chain (X-Chain): Focused on the creation and trading of digital assets, it is the core chain for asset circulation;