Algorand


Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services. The protocol's architecture allows for tokenization of assets and the development of smart contracts, while its technical specifications support both retail users seeking basic transaction capabilities and enterprises requiring more, complex, blockchain solutions.

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by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...

by COINS NEWS - 1 year ago

Did you know that Silvio Micali, Turing Award winner and founder of Algorand, is indirectly referenced multiple times in the Bitcoin whitepaper? His foundational work is used throughout modern cryptography, including Probabilistic Encryption, Zero-Knowled

He's also the 'M' in the hash-based signature algorithm LMS that makes use of a winternitz one time signature and merkle tree to generate a key pair. And even better the algorithm is quantum resistant (at least until a quantum algorithm i...