Algorand upgrades will boost speed and privacy, founder says
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Algorand is planning a series of upgrades to bolster the network’s privacy and speed, and developing permissioned co-chains with a trustless decentralized bridge between chains, founder and MIT…
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Algorand, a prominent pure proof-of-stake Layer-1 blockchain network, has unveiled its latest protocol upgrade aimed at powering real-world applications with advanced technology. The recently implemented upgrade to Algorand’s Mainnet has drastically decreased block time to 3.3 seconds, making transactions 10% faster while ensuring their completion as soon as they are…
The Algorand Foundation has announced a strategic collaboration with Wormhole through a collaboration with Folks Finance. The Algorand Foundation is the community organization dedicated to support rapid growth of Algorand blockchain ecosystem. Wormhole is a major cross-chain protocol, facilitating secure transfer of assets and data across blockchains. On the other…