Algorand blockchain surpasses 1B transactions (without downtime)

The Algorand blockchain just surpassed the 1 billionth transaction mark. It’s had a period of sustained high load recently, including 1 million transactions in 206 seconds, performed by “TheBillBored”. All this without any downtime, and with reliable, consistent performance.

Are there issues with the chain? Absolutely - see some of the recent skeptic posts. They will need to be addressed. Algorand isn’t an Ethereum killer (nor are other similar L1’s). It’s designed to be parallel, independent, and yet also to work in unison. There are currently trustless bridges in place between ETH and Algo, with more coming.

Does it work efficiently and very quickly as it’s meant to? Absolutely. It’s a breeze to use, very inexpensive transaction fees, and has transactions finalize instantly. Congrats on the 1B transactions and looking forward to continued smooth operation.