Avalanche's Instant Finality Is An Edge In A World Whose Assets Are Moving On-Chain

Being that Avalanche’s foremost objective remains to tokenize all of the world’s assets, the platform has gone ahead to build, from the bottom up, a blockchain that allows any user or developer to create their own chain. Each such chain would run on its own virtual machine, albeit still enjoying the merits of living on the robust Avalanche ecosystem.

This way, Avalanche ends up supporting a multitude of different assets, compared to say the single-asset Bitcoin blockchain or the single-chain Ethereum chain.

In effect, Avalanche’s multi-asset architecture hands to developers the chance to take decentralized technology out of its sandbox and bring it to the masses using the probabilistic Avalanche Consensus Protocol.

Some of the parameters that the Avalanche network can boast about include its instant finality for on-chain transactions as well as a virtually infinite transactional capacity provided for by its multi-validator set infrastructure.

This is not forgetting the low latency, decentralization, high transactional throughput, security, and high scalability provided by Avalanche’s consensus mechanism. Sitting on an approximate $6 Billion market cap as of this writing, the high (70%) ratio of staked AVAX coins for security provide the network a sizeable security budget that should be fairly comforting for Avalanche users.

Avalanche Consensus Mechanism

Avalanche’s probabilistic consensus mechanism ensures provides a global security guarantee, perhaps on the scale of a monster network like Ethereum, but without a correspondingly high number of messages flying about.

In this breakthrough mechanism, each of the 1700 global Avalanche validators randomly selects other validators to countercheck their decision, a process that replicates over and over until sufficient data accumulates to guarantee probabilistic finality.

Why Build On Avalanche? Avalanche’s Subnet Strategy

The user-generated chains (subnets) provide the uniform architecture into which literally any user/developer can plug, effectively providing the chance for subnets to interact with each other and even swap on-chain assets if it comes to that.

It’s fairly unanimous by now that the world is easing into a multi-chain future, and Avalanche continues to emerge as an attractive proposition, especially to developers who fancy their own execution environment alongside the basic blockchain functions of Execution, Consensus Registry, Settlement, and Data Availability.

Ethereum’s EVM is fraught with its own set of issues, not least which include a lack of scalability, which Avalanche more than gladly steps in to solve, with a much more scalable infrastructure that is also open-source, highly decentralized, and censorship-proof.

Avalanche already boasts a variety of Enterprise, NFT, Gaming, and DeFi Protocols living on its native subnets.

Given its quick finality, an incredibly flexible user-defined environment, and a high TPS (transactions per second) capacity, and the deluge of users, a lot of whom are Gaming and DeFi companies, will not stop hopping onto the platform.

Besides, the new post-pandemic world order demands and provides the impetus for real-world assets to keep digitizing and moving on-chain.

Conclusion

It turns out that Avalanche’s instant transactional finality is a fan-favorite feature, in addition to a well-oiled bridging system that quickly moves assets back and forth between Avalanche and Ethereum.

It’s also important that, unlike Solana, the Avalanche chain stays always on, a useful feature, especially for developers who’d like to be assured of a blockchain's perpetuity.

At least amongst developers, Avalanche’s subnet strategy and instant finality remain unique competitive advantages as they keep the network flexible and customizable while maintaining interoperability with other subnets.