Avalanche was launched by Ava Labs, which was founded by Cornell University professor Emin Gün Sirer, and Cornell University computer science PhD's Kevin Sekniqi and Maofan "Ted" Yin.
What makes Avalanche unique?
Avalanche attempts to solve the blockchain scalability trilemma by using a unique architecture. The Avalanche network consists of three individual blockchains - the X-Chain, C-Chain, and P-Chain - each with a distinct purpose and using different consensus mechanisms based on their use cases. This is a radically different approach compared to Bitcoin and Ethereum where all nodes validate all transactions. Avalanche's architecture allows it to achieve high transaction throughput of up to 6,500 transactions per second without compromising scalability.
What is the total supply of AVAX?
According to the Avalanche statistics provided, the total supply of AVAX is 444,206,338 and the max supply is 715,748,719.