What is Algorand?

 Algorand's consensus mechanism is pure unauthorized proof-of-stake. It brings total integration, protection and speed in a truly cohesive experience. With blocks completed in seconds, Algorand's exchange rate equates to large payments and financial sharing. And Algorand is the first blockchain to provide end-to-end exchange. No forks.

Comments

Post a Comment

Popular posts from this blog

What is Vechain (VET) information and news?

Image
Vechain is a product ID management solution on blockChain, a unique ID for every product, combining blockchain and encrypted ID. Launched in 2015, VeChain Technology is a global leading enterprise-friendly blockchain company which aims to connect blockchain technology to the real world by providing enterprises with blockchain-enabled solutions suited to their business needs. It offers VeChain ToolChain™, a low-code blockchain-based SaaS platform that allows enterprise clients to rapidly build and drive digital transformation on a global scale, enabling the evolution of a trust-free and a distributed ecosystem. VeChain Technology is a pioneer of real-world blockchain applications, with international offices in China, Singapore, Luxembourg, Japan, France, Italy and the United States. With strong independent development capabilities, combined with the professional compliance guidance of our strategic partners, PwC and DNV, VeChain has established partnerships with many leading enterprises
Read more

Accidental Fork

 This refers to a situation where two or more miners successfully count violently at the same time, which means finding a block. The block that contributes to the longer string is stored while the other remains.
Read more

What is Alliance chain?

 Alliance chain Blockchain is a distributed ledger where each node is responsible for storing data. Depending on the difference in access control, the blockchain can be divided into a public string, a private string, and an alliance string. Public chain The public chain is fully open to the public and allows anyone, regardless of time and place, to engage in transactions and store data in a chain that only requires a device connected to the Internet. For example, BTC blockchain and ETH blockchain are both public chains. Because each node is blockchain independent, user privacy can be greatly protected. In addition, any node with the same rights can try to record and update data through a consensus mechanism. All public chain data is transparent so that everyone can check the history. The public chain is highly decentralized because it runs according to established rules, which does not allow developers or other users to make changes to rules and data. However, the trading speed is much
Read more