Technology

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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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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