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

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

Lavazza the famous Italian Coffee Brand is using Algorand to improve the traceability of it's coffee. You can check details about the harvesting, receiving, environmental data of where the beans were grown, how the beans were processed, different varietie

Truly amazing stuff, these transactions detail just about everything you could want to know about your coffee. I recommend digging into this post and Lavazza's website because this is what blockchain is for, providing fairness and transpare...

by COINS NEWS - 1 year ago

The Algorand 2024 road map has dropped, The Algorand Gambit. Consensus Incentivization, P2P Gossip Network (Relay Nodes become optional), AlgoKit 2.0 (Pure Python Programming), Dynamic Round Times (aka Dynamic Lambda), and Non-Archival Relay Nodes.

The biggest criticisms of Algorand have always been Relay Nodes and non-incentivized consensus participation. It looks like Algorand has taken to heart these criticisms and is addressing them in 2024. These changes have me very excited for the...

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...