Avalanche Protocol is a consensus mechanism that enhances blockchain scalability and transaction speed. It utilizes a unique approach by combining multiple consensus layers, allowing it to process thousands of transactions per second.At its core, Avalanche employs a technique called directed acyclic graph (DAG) to manage transactions. This structure enables parallel processing, reducing the time it takes for transactions to be confirmed.The protocol is also designed for flexibility, supporting various virtual machines and allowing developers to create customized decentralized applications. It achieves decentralization through a network of validators that secure the system and confirm transactions, which makes it resistant to centralization issues.Avalanche prioritizes energy efficiency and aims to minimize the environmental impact associated with traditional proof-of-work systems. The combination of speed, scalability, and sustainability has made Avalanche appealing for developers and users seeking an efficient blockchain solution.
UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the