Avalanche network and AVAX token
Fury took the stage and picked up the microphone. "Ladies and gentlemen, a round of applause," he declared solemnly, parting the high red curtain, "We have a NEW Avalanche network and an amazing Avax token. This can only mean one thing - every Betfurian will get many new opportunities and use these benefits for easy transactions, playing our fascinating games and mining BFG!"
What is Avalanche network?
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It has a high output - up to 6,500 transactions per second! This is possible by Avalanche’s unique architecture of three individual blockchains: X-Chain, C-Chain and P-Chain.
In simple terms, the division of computing tasks enables higher throughput, everything works quickly and efficiently.
What about AVAX token?
AVAX is the native token of the Avalanche blockchain, which uses smart contracts to support a variety of blockchain projects. Therefore, AVAX tokens exist on the X-Chain, where they can be traded, on the P-Chain, where they can be provided as a stake when validating the Primary Network, and on the C-Chain, where they can be used in smart contracts. Its transaction with Avalanche blockchain can be provided with near-instant finality.
Avalanche and AVAX on BetFury
AVAX token is added to the BTC Staking pool on BetFury. Thus, you can play all In-House games & Slots, mine BFG tokens, and receive daily payouts! AVAX will support the C-Chain network (Avalanche) and the BNB chain for deposits and withdrawals on BetFury.
In addition, USDT and USDC cryptocurrencies will also support the Avalanche network.
How to set up MetaMask on Avalanche?
You can easily add the Avalanche network in MetaMask. We have prepared a step-by-step guide for you:
- Log in to MetaMask
- Click the Network drop-down and select Custom RPC
- Enter network information in empty cells:
- Network Name: Avalanche Network
- New RPC URL: https://api.avax.network/ext/bc/C/rpc
- ChainID: 43114
- Symbol: AVAX
- Explorer: https://snowtrace.io/
After these simple actions your MetaMask will be replenished with another cool crypto network!