UNIQUE SOLUTION TO THE BLOCKCHAIN TRILEMMA

AVAX is a layer 1 blockchain platform for decentralized applications and custom blockchain networks. It is by far one of the popular and favored Ethereum killers where it directly competes with several other competitors to try and Ethereum a number 1 altcoin. What makes AVAX one of the top crypto projects is that it has a unique solution to what we called the blockchain Trilemma. Most blockchains are going to have 3 pillars which are security, decentralization, and scalability. The issue within the Trilemma is finding a balance between the three. That is because often, the project will be really good at 2 things like they are good at scalability and decentralization. They are often all backed by security.

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Crypto projects can either choose to focus on solving to 2 out of 3 or find a solution to tackle the entire Trilemma together. What makes Avalanche unique is that they want ahead to tackle all 3. Their proposed solution to this is to create 3 different blockchains called the X chain, C chain, and P chain. X chain also known as the exchange chain, is used to send and receive funds from the Avalanche network. We have the P chain which is a platform chain, which is used for staking AVAX and facilitating validator activities. We have a C chain also known as a contract chain which is used for Avalanche's chain for Defi apps and smart contracts.

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They all have distinct purposes and functions but they work together by dividing different computing tasks which results in fast output as well as low cost for gas fees. This is what allows Avalanche to have one of the highest transaction outputs of around 4,500 transactions per second without compromising on any of those scalability uses. As of now, Ethereum can still only process 15 to 30 transactions per second and Ethereum have tackled the gas fees situation that is coming on next in the timeline of their upgrade. It is still within this time when another alternative to Ethereum is going to cost you less money to use.

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I think is safe to say that AVAX has their head on straight, they are trying to take this in the right direction but one of the reasons why I am more bullish on them is because of their most recent partnership with Amazon web services. AVA Labs the developers of the Avalanche network partnered with Amazon earlier this month to implement a new feature that will bring scalable solutions to enterprises and the government. Avalanche is going to implement new features that make it easier for developers to run Avalanche nodes through that AWX marketplace. I like to look for new partnerships and when I see something like this happening, I always considered it to be good news and the start of something big.