Alogrand Archive

What is Algorand? How is it related to Blockchain
November 14, 2024
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We hear the term blockchain everywhere. Blockchain technology has transformed how we conduct transactions and handle data, providing a distributed and secure framework for various applications. Among the emerging platforms, Algorand stands out for its innovative scalability, security, and decentralization approach. Founded by Turing Award winner Silvio Micali, Algorand employs a unique consensus mechanism to