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Avalanche Introduces Its Evergreen Subnets

Twitter icon  •  Published hace 1 año  •  Hassan Maishera

The Avalanche team announced via Twitter on Thursday that it has launched its Evergreen Subnets.

The Avalanche team announced via Twitter on Thursday that it has launched its Evergreen Subnets. Avalanche said With Evergreen Subnets, institutions can account for company-specific and industry-wide considerations through built-in features like user and validator permissioning based on KYC/KYB standards, Geofencing for jurisdictional requirements, and other regulatory considerations.

Evergreen provides a controlled, out-of-the-box environment for both R&D initiatives and production-ready use. Meanwhile, Avalanche Warp Messaging (AWM) enables subnet-to-subnet message transfer (think asset swaps, trade confirmations, and other inter-company notifications), the Avalanche team added. 

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is up by 1% so far today and currently trades at $17.97 per coin.

 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.