Henbbo Foundation continues to expand the functionality of its investment platform. Today we have added support for AVAX coin payments.
The Avalanche cryptocurrency, or AVAX, is a native token of the platform of the same name, which is used to make all transactions on it. The distinctive feature of the AVAX coin is the high speed of transactions, which was achieved thanks to a fundamentally different consensus algorithm.
If, in the case of Ethereum blockchain, all nodes in the network must have the same amount of information, in AVAX a single node interacts with a limited number of the same nodes. Together they form a network, namely the "Gossip Network". This scheme allows for a significant increase in speed.
AVAX token, among other things, has increased the security of the Proof of Stake algorithm. This is achieved by increasing the number of validators - nodes that verify and validate transactions in the blockchain.
Henbbo Foundation aims to provide the most comfortable environment for all users of our platform. We are sure that this will help you to become even more effective and successful together with us!
Henbbo - smart investment will change your life!
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