Avalanche mainnet goes live

The Avalanche project, whose co-founders include veteran Bitcoin industry figure Emin Gün Sirer, has launched its mainnet.

Avalanche mainnet is live! Whether you’re an enterprise, decentralized organization, developer, token user, or enthusiast, Avalanche has something for you. Learn more: https://t.co/BAZTRtOIP7

— Avalanche (@avalancheavax) September 22, 2020

The AVAX token was listed on the Binance exchange. Trading is open in AVAX/BTC, AVAX/BNB, AVAX/BUSD and AVAX/USDT pairs.

AVAX begins trading on @Binance, the World’s largest exchange by trading volume, at 6:30 a.m. UTC on September 22. https://t.co/FenJAWefR0

— Avalanche (@avalancheavax) September 22, 2020

The project’s creators estimate throughput at 4,500 TPS, with finality achieved in a fraction of a second. In their words, Avalanche will demonstrate to the world the true potential of blockchain.

“Whether you are an enterprise, a decentralized organization, a developer, a token holder or an enthusiast, you have the opportunity to use Avalanche,” the statement said.

Earlier in June, Ava Labs raised $12 million in a private token sale led by Bitmain and Galaxy Digital. The public round brought in $42 million.

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