Algorand Update: Accelerated Vesting, Governance, Decentralization, Cryptocurrency

Algorand (ALGO) is a blockchain network and cryptocurrency that attempts to solve the “blockchain trilemma” – the ability of a network to be scalable, secure and decentralized. Transactions cost 0.001 ALGO and the network already offers L1 smart contracts. However, the network will be upgraded in Q3-Q4 2021 to 45k/s TPS and 2.5s finality, ranking …

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Florida Coronavirus Weekly Update: reporting 1,486 COVID deaths, 21,445 new infections per day, and over 150,000 cases just this week

Florida’s state department of health is reporting 150,740 new covid-19 cases this week which brings the total number of cases to 3,027,954. The state is also reporting 1,486 deaths which brings the total number of Floridian deaths to 42,252. A surge in hospitalizations in the state is leading to shortages for critical medical supplies like …

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Crypto Overview: Cardano – An open source, decentralized public blockchain, $11 Price Target

Token: ADA Launch Date: 2017 Consensus Mechanism: Ouroboros Praos – Proof of Stake (PPoS) Pros: Strong Development Team, Academic Backing, Multilayered for scalability and transactions, Open Source Cons: Smaller Ecosystem, Immature, Second-Mover Advantage vs. Ethereum, High Staking Participation, High Risk Cardano: is a public blockchain platform. It is open-source and decentralized, with consensus achieved using …

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China Doubles Down on Regulating Tech Firms While Stocks Plunge

China is taking further steps to manage its internet companies. China is acquiring equity stakes, filling board seats and sending regulators to review content more frequently. Authorities have their sights on ByteDance Ltd., the parent company of popular video streaming app TikTok. Government officials went on to acquire 1% of shares in ByteDance Ltd. The …

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Florida reports a record 151,764 new COVID-19 cases, 47,513 projected deaths by Nov 1st

The CDC listed Florida with 23,933 new cases and The Florida Hospital Association confirmed 15,358 hospitalizations. The state is reporting 29 more deaths. This is the highest daily infection count since the beginning of the pandemic. 50% of the state‚Äôs population have completed the two-dose series of Pfizer-BioNTech or Moderna, or have completed Johnson & …

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