One of the key propositions of blockchain technology is the high levels of security associated with protecting the assets of users on the blockchain. The responsibility to secure your assets on the blockchain is deferred to the individual instead of a central application such as an exchange. That is probably the reason is touted as …
The Algorand rekeying feature and its many use cases Read More »
I was happy and awed by the @algorand price pump this week and certainly would be a good time to look at some of the good things happening around Algorand blockchain protocol. Let us dive into the news making the headlines. {1} Republic to launch on Algorand Republic, a crowdsourcing platform, will soon launch tokens …
The week period 18th to 24 yet again saw more news on dapps that are deciding to build on the Algorand blockchain. There was also positive news regarding the Algorand token. Here were the highlights from last week {1} According to Coinjournal, Coinbase Custody adds staking for Algorand among other tokens. Good news for token health …
This week news was focused on partnerships and gains being made by dapps on the Algorand ecosystem. {#1} We still continue to see the potential of Algorand as the destination for apps. YouNow announces its project, called Props, will migrate to @algorand {#3} As if that is the end, @Rhovit announced that it will move …
The core of the Algorand network is a set of distributed nodes (database) that process, store and relay backed up information back to users. The network is configured to have two types of nodes, which perform different functions on the Algorand chain. These nodes are the Relay and Non-relay (participation) nodes. To achieve full decentralisation, …
The purpose of the Q&A was to discuss CBDC and how their adoption could shape the financial infrastructure globally. The Algorand blockchain is a leading pure proof-of-stake protocol that supports various blockchain uses cases such as borderless financial system and decentralised identities among others. Recently, the Marshall Islands announced plans to launch its CBDC on …
Takeaways from the Algorand Virtual Q&A On “CBDC & Future of Financial Infrastructure” Read More »
