I’m sure you’ve heard of Algorand, one of the projects committed to solving the blockchain trilemma. What sets them apart is its unique Pure Proof-of-Stake consensus mechanism, which makes the platform both energy-efficient and secure. And that is also carbon-negative, which means it’s taking serious steps to offset its environmental impact.
The highlight of all is that it supports more than 10K transactions per second with near-instant transaction finality. That puts it right up there with Ethereum and Solana in terms of scalability.
On top of that, their ALGO token plays an important role in the ecosystem, transaction fees, staking rewards, and governance. The demand for ALGO isn't just limited to usecases but to also dapps that are being built on blockchain.
The question is, will that be able to continue to lead the charge in green blockchain technology as the ecosystem builds up?
Topic: What do u think of this energy sufficient blockchain? (Read 22 times)
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