Crypto

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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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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