Layer 1
Pure proof-of-stake with immediate finality.
Founded by Turing Award winner Silvio Micali, Algorand uses a pure proof-of-stake Byzantine agreement protocol that doesn't fork, so a transaction is final once it's in a block. Smart contracts run on the Algorand Virtual Machine (AVM).
AlgorandBeginnerWhile blockchain is often hyped in financial circles, its true impact is quietly reshaping industries far beyond crypto trading floors. One blockchain in particular — Algorand — is proving that speed, scalability, and real-world problem solving can go hand-in-hand. From tokenized property and…
#web3
Italian energy giant Enel has announced the successful tokenization of its solar panel installations on the Algorand blockchain. This groundbreaking initiative allows investors to purchase fractional ownership of solar panels, enabling them to participate in the growing renewable energy sector…
#crypto#european
