Avalanche Update: Will Avalanche Subnets Solve The Biggest Problem of RPCs in the GameFi and Play2Earn Blockchain Sector?

Avalanche is one of the most remarkable L1s in the Web 3 world. It has a market capitalization of 23$ billion and a TVL of more than 11$ Billion. This article is all about What are Avalanche Subnets and whether will it solve the RPC issue. Let’s take a look at it in more detail.

What is Avalanche? 

Avalanche is a blockchain that undertakes issues like scalability, security, and decentralization. It was established in September 2020. Its swiftness, adaptability, affordability, and accessibility have handled three key problems in the cryptocurrency industry. By deploying Avalanche, any smart contract-based Decentralized Application (DApp) may exceed its rivals. Avalanche functions similarly to Ethereum in terms of functionality. It utilizes a Proof of Stake (PoS) consensus method, similar to what Ethereum is now emigrating to. 

What Is An RPC (Remote Procedure Call)?

RPCs could come under the category of API (application programming interface) which permits developers to execute code that can be run on servers remotely. And when developers create dApps with RPC abilities, the app will be able to link users’ demands to data from blockchains. For example, when users utilize MetaMask to complete transactions, their calls go via an RPC to link them with the nodes that maintain the data from blockchains.

What are Avalanche Subnets?

Subnets are a creative vision for scaling blockchains that are motivated by sharding. In other words, Subnets build respective and interconnected instances of the duplicate blockchain. The distinction between sharding and Subnets is that Subnets are algorithmically developed and are projected custom by users or projects. Avalanche presently has three ultimate Blockchains that are employed for various reasons:

  • The C-Chain: The C-Chain API allows the execution of smart contracts on the blockchain and is an Avalanche-backed Ethereum Virtual Machine instance.
  • The X-Chain: The X-Chain (Exchange Chain) serves as a decentralized platform for building and trading digital smart assets.
  • The P-Chain: It is Avalanche’s metadata blockchain, which manages validators, maintains a trail of existing subnets, and permits the installation of new subnets. The P-Chain executes the Snowman consensus protocol.

Most of Avalanche’s traffic operates on C-Chain, an EVM permitting the Dapps to be deployed and operate efficiently. The P Chain is in control of harmonizing Avalanche validators and is the chain utilized to create and assist subnets. Avalanche allows for unlimited subnets to be built, which is responsible for scaling. Each time a subnetwork gets utilized up a new Subnet can be formed. Subnets can also be installed within subnets with the exact design principles.

In other words, Subnets are basically the L2s of Avalanche but without transferring the security of the primary network while anyone can create a Subnet as long as they burn 1 AVAX.

By creating a Subnet on Avalanche, developers acquire access to a group of Validators than can confirm their network. All Validators confirm the Primary Network but can also validate additional Subnets. Each Subnet can have its special token that can be deployed with AVAX for more security. The rewards of validating a Subnet can range. Validators could gain dividends on the Subnet’s local token, especially raising the annual prize of operating an Avalanche validator. It is also feasible to validate various subnets with a single validator making the procedure extremely advantageous for those who prefer to invest in an Avalanche validator.

Avalanche Subnets: The current situation