Solana vs. Algorand: MOST Price Potential?!! (Ep 257)
Coin Bureau
00:00
Algarand - Anatole's Solution
Algarand was created by american software company algarand ink. Its development is coordinated by the algaran foundation, a non profit based in singapore. Salana has raised over half a billion dollars since 20 18 and is backed primarily by public institutions. Algarand uses a novel proof of stake consensus mechanism called pure proof of stake. The algaran block chain itself is operated by about 100 relay notes,. This centralized set up allows algaran to process around 11 hundred transactions per second with near instant finality. Last but not least, algaran's block chain has never gone down since its main net went live. And it's one of the few crypto currencies
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