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In this video, we’re going to be going over the basics of the Avalanche cryptocurrency. As many of you have probably heard in the crypto world, AVAX is one of the top competitors in terms of being able to be the future blockchain with lower fees, faster transaction speeds, and more decentralized applications built into their universe.
Make sure to watch until the end, as I’ll take you guys through the entire ecosystem so that you guys can get a better understanding on what Avalanche is and what it’s capable of in the future.
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I am big on cryptocurrencies and blockchain and Avalanche is one that I am personally invested in. I believe that it has high growth potential and is safe, but that’s just my opinion. My recommendations are just a suggestion to do further research. I encourage you guys to do your own due diligence about every cryptocurrency and make an informed decision for yourself.
From fundamentals like tokenomics and deflationary assets, to technicals like market cap and total supply, there are a lot of things that new investors in the crypto game should know. If you want to know about a solid cryptocurrency in 2022, how it works, and how you can invest, this video is for you.
There is so much opportunity for growth in the crypto and blockchain industry, and we’ve seen so much influence from the decentralized market this past year. Many companies and even countries are starting to realize the power of a decentralized form of money, and billions are being spent on new projects and applications to make the cryptocurrency universe far more expansive and optimized.
I hope you guys get a lot of value out of this video – please comment below if you’re thinking about investing into crypto or what cryptocurrency you are investing in! I am so glad I invested into crypto when I did. If you have any questions about how to start, make sure to check out my other videos too.
How to Invest in Crypto For Beginners 2021 [FREE COURSE]:
Have an amazing day! Don’t forget to like and subscribe for more videos like this 🙂
0:00 – Intro
0:30 – What this video will cover
0:38 – What is Avalanche?
1:19 – Avalanche Website Overview
1:40 – Avalanche CoinMarketCap Overview
3:07 – History of Consensus
3:39 – Classical Consensus Protocols
4:11 – Nakamoto Consensus Protocol
4:39 – Avalanche Consensus Protocol
4:58 – How Avalanche Consensus Works
5:59 – Avalanche Consensus Transaction Timeline
6:36 – Advantages of Avalanche Consensus
7:06 – Transaction Speeds
7:51 – Comparisons
8:26 – The Snowman Protocol
9:01 – The Avalanche Network
9:14 – Network Infrastructure
9:38 – Network Visual
10:05 – The X-Chain
10:35 – The P-Chain
11:09 – The C-Chain
11:41 – Subnetworks
12:07 – Subnetwork Use Cases
12:16 – Avalanche Use Cases
12:20 – Decentralized Applications and Subnets
12:37 – Tokenomics
13:14 – Trader Joe
13:28 – Why is the Price of AVAX’s Going Up?
14:15 – The Future Price of AVAX
14:43 – News and Updates
14:58 – Cook Finance
15:02 – $18.5 Million in Seed Funding
15:15 – 10th Most Valuable Coin
15:30 – How To Buy AVAX
17:15 – Outro