VANCOUVER, British Columbia, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (the “Company” or “Spirit”), a Canadian company that offers shareholders diversified exposure to the Blockchain and crypto industry, is pleased to announce that it has made an investment in AVAX and has setup its own validator node to help secure the Avalanche network.
Avalanche is one of the world’s most decentralized high-performance blockchains and continues to experience rapid growth. The Avalanche network is a Proof-of-Stake (PoS) smart contract platform that is focused on scalability and offers fast transaction finality. The innovative Layer 1 protocol is one of the leading Ethereum Virtual Machine (EVM)-compatible chains. The protocol’s unique consensus mechanism requires validators and subnets to stake AVAX – the blockchain’s native token.
AVAX locked in decentralized finance (DeFi) applications has continued to increase, highlighting the growth and resilience of the Avalanche...
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