Avalanche is a blockchain network that was launched in 2020, designed to provide high-speed and low-cost transactions, as well as support the creation of decentralized applications (dApps) and smart contracts.
Avalanche Gas Fees refer to the fees required to execute transactions or smart contracts on the Avalanche network. These fees are paid in the network's native token, AVAX, and are typically lower than those on other blockchain networks like Ethereum.
Avalanche Decentralized Applications (dApps) are software applications that run on the Avalanche blockchain network, utilizing its fast and scalable infrastructure to provide a variety of services and functionalities. These dApps can range from decentralized finance (DeFi) applications to gaming platforms and more.
Avalanche Contracts refer to smart contracts that are created and executed on the Avalanche blockchain network. These contracts can be used to automate the execution of various types of agreements and transactions, ranging from simple ones like escrow services to more complex ones like decentralized exchanges (DEXs) and yield farming protocols.