Algorand has long been known as one of the most innovative projects in the crypto ecosystem. Founded in 2017 by Silvio Micali, a computer scientist, and Massachusetts Institute of Technology (MIT) professor, Algorand is lauded for introducing the novel...
A blockchain is a ledger of immutable records that are distributed across thousands of computers connected to the network. These computers are often called nodes. Once data is recorded on the blockchain, all participating computers connected to the network...
Every now and then, new developments are introduced. Three major technological advancements have found a way to interact with one another. The line that demarcates the functions of Blockchain, AI, and IoT seems to be blurring daily. Blockchain technology...
Digital technology revolutionized modern finance, and recently, blockchain technology has become a big part of it. Many people think of cryptocurrencies when they hear "blockchain”— yes, it’s true that’s the underlying tech that powers them. But it can do...
Decentralization is the watchword for different blockchains, and that is one thing that sets apart the technology from what is obtainable in the centralized world. Algorand is one of the new blockchains that has actively tried to solve the...
Ethereum is one of the biggest and most popular cryptocurrency projects as the leading blockchain for decentralized applications (dApps) due to its compatibility with smart contracts. However, its popularity has led to congestion and high gas fees, thus, a...
Cryptocurrencies are virtual assets secured by cryptography and operate on a decentralized network powered by blockchain technology. The terms cryptocurrency and blockchain still sound complex to many. However, Bitcoin as a digital asset has been in the news for...
The high amount of energy consumed by Proof of Work (PoW) systems led to many in the cryptocurrency space looking for more efficient and greener alternatives. While Proof of Stake (PoS) systems emerged as a viable alternative to PoW,...
With Algorand (ALGO) 's price more than doubling to over $2 in a month, many people have started paying attention to the Algorand protocol. While the price action of Algorand has been impressive, the technology behind the protocol is...
Proof of Work (PoW) and Proof of Stake (PoS) are two of the most used consensus mechanisms by blockchains in the crypto space. While PoW is the consensus mechanism that is considered to be the original idea of how...
