Crypto-Follow logo Crypto-Follow logo
TheBlock 2022-04-05 17:28:54

A look at Avalanche subnets

Quick TakeAvalanche is one the fastest growing L1 in the crypto space due to its EVM compatibility, low fees and latency, as well as its fast transaction finality To further bolster the scalability of the Avalanche blockchain, Ava Labs introduced the concept of subnets, where unique ecosystems in the Avalanche network can be operated by different sets of validatorsCrabada, a popular game on Avalanche, recently launched its own native subnet on the Fuji testnet with its own set of validatorsSubnets are useful for scaling Avalanche because they allow a select subset of validators from the primary network to validate their own set of blockchains

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer