The operating principle of Algorand and in which areas it can be used!
#ALGO #PPoSRevolution #RWA #CBDC #defi Algorand is a third-generation blockchain created by MIT professor Silvio Micali. Its main feature is solving the "blockchain trilemma": how to make a network simultaneously fast, secure, and decentralized. Operating principle: Pure Proof of Stake (PPoS) Unlike Bitcoin (which requires powerful hardware) or regular Proof of Stake (where the rich get richer and control the network), Algorand uses Pure Proof of Stake (PPoS).
#Algorand (ALGO) โ this is a decentralized blockchain platform of the first level (Layer 1), founded in 2019 by an MIT professor and Turing Award winner Silvio Micali. The project is designed to solve the 'blockchain trilemma' โ simultaneously ensuring security, scalability, and decentralization.
