1️⃣ Daily Transactions: Stay informed about the number of transactions processed on the Avalanche network each day. Track the growth and activity levels.
2️⃣ Block Count: Discover the daily block count, indicating the speed and efficiency of the network. Monitor the blockchain's progress and stability.
3️⃣ Active Addresses: Get insights into the number of unique addresses actively participating in transactions on Avalanche. Gauge user engagement and network utilization.
4️⃣ Daily Gas Usage: Explore the daily gas consumption on the network. Understand the resource utilization and efficiency of smart contract execution.
5️⃣ Transaction History: Access the detailed history of transactions on Avalanche. Filter and search for specific transactions to analyze patterns and trends.
6️⃣ Top Validators: Identify the top validators contributing to the security and consensus of the Avalanche network. Learn about their performance and participation.
7️⃣ Delegators: Discover the delegators supporting validators on the network. Gain insights into the network's staking dynamics and community participation.
8️⃣ Asset Overview: Explore a comprehensive overview of assets on the Avalanche network. Get information about token supply, transfers, and more.
🌐 Dive into the network activity on Avalanche with Avascan's Network Activity page.
Stay informed, track trends, and monitor the health of the blockchain ecosystem.
💡 Avalanche is rebranding Subnets as L1 Networks, that are independent, sovereign networks that handle their own rules, validators, and rewards. No more relying on the Primary Network!
🔁 RT this thread and spread the word about how Avalanche will revolutionize the world with its superpowers!
Fun fact: Mount Etna, an active volcano in Sicily, is where our intern is based.
@avax @AlphasOfAvax @Avalanche_Space @el33th4xor @AvaxDevelopers 2/ For Validators: L1 validators no longer need to stake 2000 AVAX or sync with the Primary Network’s X or C-Chains. Instead, they’ll pay a small continuous fee, making it cheaper and more flexible to validate.
3/ New L1 Networks: L1s will now control their own validators through custom smart contracts. Whether it’s permissionless or permissioned, the L1 creator sets the rules. It’s all about giving you control over your network!
Big changes coming to Avalanche with the "ETNA" Upgrade!
💡 Avalanche is rebranding Subnets as L1 Networks, that are independent, sovereign networks that handle their own rules, validators, and rewards. No more relying on the Primary Network!
Fun fact: Mount Etna, an active volcano in Sicily, is where our intern is based.
@avax @AlphasOfAvax @Avalanche_Space 2/ For Validators: L1 validators no longer need to stake 2000 AVAX or sync with the Primary Network’s X or C-Chains. Instead, they’ll pay a small continuous fee, making it cheaper and more flexible to validate.
3/ New L1 Networks: L1s will now control their own validators through custom smart contracts. Whether it’s permissionless or permissioned, the L1 creator sets the rules. It’s all about giving you control over your network!
Ever wanted a deeper dive into #Avalanche Subnets? Our Official Avascan Ambassador @YelloowKnifee has you covered!
A small 🧵
1/ What is #Avalanche?
A highly scalable blockchain platform aiming for thousands of transactions per second with near-instant finality. It's a go-to for decentralized applications (#dApps) & custom blockchain networks.
2/ Subnets: What are they?
Subnets (short for "Subnetworks") are a unique feature in #Avalanche. They allow you to create your own custom blockchains with specific rules and participants.
-72% of AVAX are staked, indicating strong community engagement and confidence in the ecosystem
-#AVAX are distributed among validators, ensuring decentralization and preventing concentration of power.
1/ In this thread, we'll explore key insights from an insightful article by @AvascanExplorer .