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dido:public:ra:xapend:xapend.a_glossary:a:avalanche

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dido:public:ra:xapend:xapend.a_glossary:a:avalanche [2022/01/10 17:18]
nick
dido:public:ra:xapend:xapend.a_glossary:a:avalanche [2022/02/03 20:35] (current)
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 [[dido:​public:​ra:​xapend:​xapend.a_glossary:​start| Return to Glossary ]] [[dido:​public:​ra:​xapend:​xapend.a_glossary:​start| Return to Glossary ]]
  
-**Avalanche** is an [[dido:​public:​ra:​xapend:​xapend.a_glossary:​o:​oss]],​ programmable [[dido:​public:​ra:​xapend:​xapend.a_glossary:​s:​smart_contracts]] [[dido:​public:​ra:​xapend:​xapend.a_glossary:​p:​platform]] for [[dido:​public:​ra:​xapend:​xapend.a_glossary:​d:​decentralized_application | Decentralized Applications]]. **''​AVAX''​** is the native [[dido:​public:​ra:​xapend:​xapend.a_glossary:​c:​cryptocurrency]] of the [[dido:​public:​ra:​xapend:​xapend.a_glossary:​p:​platform]]. ​+**Avalanche** is an [[dido:​public:​ra:​xapend:​xapend.a_glossary:​o:​oss]],​ programmable [[dido:​public:​ra:​xapend:​xapend.a_glossary:​s:​smart_contract]] [[dido:​public:​ra:​xapend:​xapend.a_glossary:​p:​platform]] for [[dido:​public:​ra:​xapend:​xapend.a_glossary:​d:​decentralized_application | Decentralized Applications]]. **''​AVAX''​** is the native [[dido:​public:​ra:​xapend:​xapend.a_glossary:​c:​cryptocurrency]] of the [[dido:​public:​ra:​xapend:​xapend.a_glossary:​p:​platform]]. ​
  
 **Avalanche** uses a quorum based consensus mechanism to achieve agreement in a similar process to a parliament: a proposal ([[dido:​public:​ra:​xapend:​xapend.a_glossary:​t:​transaction]]) is proposed, and voted on to be **''​accepted''​** or **''​rejected''​**. When sufficient votes are cast by the various replicas and accumulated (typically collected through by elected leader replica), then a quorum is achieved, and the agreement is achieved validating the transation. (( **Avalanche** uses a quorum based consensus mechanism to achieve agreement in a similar process to a parliament: a proposal ([[dido:​public:​ra:​xapend:​xapend.a_glossary:​t:​transaction]]) is proposed, and voted on to be **''​accepted''​** or **''​rejected''​**. When sufficient votes are cast by the various replicas and accumulated (typically collected through by elected leader replica), then a quorum is achieved, and the agreement is achieved validating the transation. ((
dido/public/ra/xapend/xapend.a_glossary/a/avalanche.1641853117.txt.gz · Last modified: 2022/01/10 17:18 by nick