Algorand
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.
by COINS NEWS - 1 month ago
Algorand Block with over 12k TPS You can take a look for yourself here: https://allo.info/block/47358864 Algorand processed a block at over 12,000 transactions per second (TPS) with zero failed transactions. Solana, on the other hand, processe...
by COINS NEWS - 2 months ago
The Algorand protocol has successfully rolled out its highly anticipated update, introducing onchain staking rewards to incentivize block proposing nodes on the network. The protocol uses transaction fees and circulating supply subsidies to fairly di...
by COINS NEWS - 2 months ago
Tomorrow marks a titanic shift in the future of Algorand and decentralization. This is one of the biggest updates in Algorand history. The network will now reward participants who propose blocks! Algorand is unique because of the following: No slash...
by COINS NEWS - 3 months ago
For those who don’t know. Algorand’s network is going through an update to introduce staking rewards in January. TDR, known as defi rewards, were a governance controlled pot of funds that would be voted on quarterly. Voting has been removed, and thes...
by COINS NEWS - 3 months ago
Explorer example: https://allo.info/tx/ONKPXSWZGCDYGQCPV6VDH5NV6JUWADY45LDIKFJAJMGWIEGHEHLA List of transactions posting data on Algorand: https://allo.info/account/YOF7GHWEQOJ7QT6F2QHYPPU2ESGKXBOGXAWMPZLS3WKPPCL5TIOX7YMS5U/txns City of Cali d...