Germany recognizes Bitcoin as a legal financial instrument (via @decryptmedia) decrypt.co/21148/germany-…
Cryptocurrencies are now classified as the “digital representations of value” that have the following characteristics:
The subnets are blockchains linked to Avalanche, in that they share similar tools and features, but that can be customized to suit the requirements of specific apps. theblockcrypto.com/post/136691/av…
They are also siloed in terms of competing for resources, meaning their speed and costliness won’t be affected by events — such as a popular NFT drop — elsewhere on the Avalanche blockchain. Subnets can also use a token of their own design instead of AVAX.