Building the Internet of Blockchains with Avalanche Subnets
Welcome to the world of Avalanche Subnets! π These building blocks of a decentralized internet of blockchains are the perfect example of cutting-edge technology at work. Each Subnet operates as an independent blockchain with its own set of validators and consensus rules. And the best part? They seamlessly connect with the main Avalanche network, allowing for easy communication between different chains π
Subnets provide increased flexibility and scalability within the Avalanche ecosystem, making them a powerful tool for building and managing decentralized applications. Plus, with only one Subnet validating each blockchain, and a single Subnet capable of validating multiple blockchains, you can create an entirely customized experience πͺ
Avalanche Subnets are a powerful tool for building and managing decentralized applications within the Avalanche network, and represent an important step forward in the evolution of blockchain technology π
But what about the Primary Network? π€ This special Subnet is responsible for securing the three main blockchains in Avalanche:
- Platform Chain (P-Chain)
- Contract Chain (C-Chain)
- Exchange Chain (X-Chain).
It's the backbone of the Avalanche network, and all validators must also validate it. Without the Primary Network, the Avalanche network would not be able to maintain its high level of security and scalability, making it a critical piece in the puzzle of decentralized blockchain technology π§©
Examples of Subnets
-
DeFi Kingdoms: Crystalvale is an immersive online game that is built on top of a strong DeFi protocol. The game allows players to earn rewards by participating in various DeFi activities such as DEX trading, liquidity pool management, and by collecting rare utility-driven NFTs. The game is hosted on the DFK Chain, an Avalanche Subnet, which enables high transaction throughput and low fees. The game is designed to be extensible and aims to evolve into a fully-fledged MMORPG.
-
Dexalot is a decentralized exchange that uses on-chain Central Limit Order Books. It provides users with a trustless, non-custodial trading experience, and allows anyone to list their tokens for trading. Dexalot is hosted on its own Subnet within the Avalanche network, providing fast and cheap transactions for its users. Additionally, its use of on-chain order books ensures that all trades are transparent and immutable.
-
Evergreen Subnets is an institutional financial services provider that has chosen Avalanche and its Subnet architecture to power its next-generation products. With the ability to create custom Subnets, Evergreen can tailor its network to meet specific needs, such as dedicated Subnets for different asset classes or customer segments. By utilizing Avalanche's high transaction throughput and low fees, Evergreen can offer its customers a more efficient and cost-effective solution compared to traditional financial service providers.
These examples showcase the versatility and flexibility of Avalanche Subnets, which allow for the creation of unique and innovative applications and financial products. With Subnets, developers have the flexibility to harness the full potential of the Avalanche network while also maintaining control over their own customized chains. This means that the sky's the limit when it comes to creating unique and innovative solutions that push the boundaries of blockchain technology.