Algorand has 10x Solana’s Smart Contract Throughput
Smart contract throughput on the Algorand ecosystem is currently more than 10 times that of Solana and other leading L1 platforms. Read more on CNL.
Algorand
Algorand Blockchain Surpasses 1 Billion Transactions
Recent reports update that the Algorand blockchain has just exceeded the threshold of 1 billion transactions. All these happen without any downtime.
Hoskinson Praises Algorand; When Cardano Partnership?
Charles Hoskinson praised Algorand, saying it is an excellent project with exceptional people. Hoskinson’s tweet received mixed reactions from the Twitter community. Algorand is a PoS blockchain ecosystem much like Cardano. Cardano’s chief personality Charles Hoskinson recently endorsed Algorand, saying that it is an “excellent project with exceptional people.” This tweet was part of him lauding the platform for hiring John Woods as CTO. For those unfamiliar with the project, Algorand is a blockchain ecosystem much like Cardano. It uses the Proof-of-Stake (PoS) consensus mechanism. Meanwhile, its native cryptocurrency ALGO has a maximum supply of 10 billion. It is currently
Koibanx, Algorand To Make IP Marketplace for Nigeria
The Nigerian government signed an agreement with Developing Africa Group to create a marketplace and wallet. DAG selected Koibanx to initiate the tokenization and payments engine. All tokens will be launched on top of the Algorand Blockchain. Software company Koibanx announced its partnership with Algorand and developing Africa Group to launch an IP exchange marketplace and crypto wallet. The government of Nigeria has signed a 3-year exclusive intellectual property rights (IPR) agreement with Developing Africa Group (DAG). This agreement will launch a countrywide wallet that will allow Nigerians to register and commercialize their different IP rights, both locally and internationally.
