Why Avalanche?
At Nest Egg, we have in mind that Avalanche was designed for financial markets. It provides native support for easy creation and trading of digital smart assets with complex custom rulesets that define how the asset is handled and traded to ensure compliance.
Assets can be financial instruments such as stocks, bonds, debt, real estate, or anything else. This is the best place to develop DeFi applications, but so is the traditional financial market, where the derivatives market alone is worth over $800 trillion.
In terms of our long-term vision to shape the future of asset management across all types of financial instruments, these aspects are critical to the success and well-being of our community.
Ultimately, these four unique features of the Avalanche platform won us over:
Modular. Avalanche allows anyone to use the building blocks of the platform to create a standardized blockchain that can be either public or private and application-specific. These newly created chains are also interoperable and exist on a shared blockchain network. Avalanche is an ecosystem of blockchains and can be extended to meet any specific requirement without being limited to the lowest common denominator of the system.
Adaptability. With Avalanche, a developer has complete control over how smart contracts behave. They can determine who can see and interact with the dApp, who can control it, and what virtual machine or programming language is used to run it. And it enables decentralized financial applications by creating smart assets. These are arbitrarily complex digital assets that contain their own custom rules.
Scalable and secure. The Avalanche Blockchain uses a Proof-of-Stake (PoS) consensus mechanism to protect the blockchain from sybills. This PoS system gives tens of thousands of validators a say in the system and ensures that the network remains attack-resistant, robust, and reliable.
High Performance. Avalanche has developed a new family of protocols, which it calls the "Snow family," that enables all chains built on Avalanche to process thousands of transactions per second. In addition, these chains can complete their transactions in seconds instead of hours.
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