12-11-2021, 09:47 PM
ALGORAND is gonna be BIG
<!-- SC_OFF --><div class="md"><p>I am happy to see this amazing project is starting to get some real traction. But I would consider it still early and massively underpriced when thinking how big this is could turn out to be. I am not gonna go into much technical details of Silvios creation. Just browse through their official website, their papers or detailed articles.</p> <p>But considering:</p> <ul> <li><p>its PPoS makes it fast (roughly 4sec finality) with tps planned to go from 1k to up to 46k</p></li> <li><p>cheap (small fraction of a cent for a transaction)</p></li> <li><p>unforkable and secure (1000 validators are chosen at random to confirm blocks)</p></li> <li><p>green (barely energy needed and carbon offsetting)</p> <ul> <li>already somewhat decentralized, with actively working to increase it and also novel governance vote (for eg token distribution) with high rewards</li> </ul></li> <li><p>a very slick and simple to use offical algo wallet</p></li> <li><p>Defi building up with yieldly, tinyman and algofi coming up</p></li> <li><p>Bahamas and El Salvador already using Algorand tech</p></li> <li><p>Miami and Mayor Suarez going big with Algo (Decipher Event), committed part of his salary to receive in Algo </p></li> <li><p>Even Vitalik praising Algo and Silvio </p></li> <li><p>Fundings like 1,5 bill Hivemind fund committing to algo as first partner, Arrington Capital, Borderless capital announcing new 500mio fund and skybridge announcing to build with unblox 5 new market places</p></li> <li><p>algo pushing to be a place for creators, institutions and financial inclusion it will be massive in a few years continuing to innovate with state proofs for bridging, working on vaults etc</p></li> </ul> <p>This is not investment advice, but I besides BTC and ETH there is nothing i feel so good about besides Algo. And I am glad to be early and looking forward to a growing community of Algonauts, growing attention in social media, growing ecosystem and more technical innovation to come! Ciao ragazzi!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/F0ckHedgefunds91"> /u/F0ckHedgefunds91 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/re1ai1/algorand_is_gonna_be_big/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/re1ai1/algorand_is_gonna_be_big/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I am happy to see this amazing project is starting to get some real traction. But I would consider it still early and massively underpriced when thinking how big this is could turn out to be. I am not gonna go into much technical details of Silvios creation. Just browse through their official website, their papers or detailed articles.</p> <p>But considering:</p> <ul> <li><p>its PPoS makes it fast (roughly 4sec finality) with tps planned to go from 1k to up to 46k</p></li> <li><p>cheap (small fraction of a cent for a transaction)</p></li> <li><p>unforkable and secure (1000 validators are chosen at random to confirm blocks)</p></li> <li><p>green (barely energy needed and carbon offsetting)</p> <ul> <li>already somewhat decentralized, with actively working to increase it and also novel governance vote (for eg token distribution) with high rewards</li> </ul></li> <li><p>a very slick and simple to use offical algo wallet</p></li> <li><p>Defi building up with yieldly, tinyman and algofi coming up</p></li> <li><p>Bahamas and El Salvador already using Algorand tech</p></li> <li><p>Miami and Mayor Suarez going big with Algo (Decipher Event), committed part of his salary to receive in Algo </p></li> <li><p>Even Vitalik praising Algo and Silvio </p></li> <li><p>Fundings like 1,5 bill Hivemind fund committing to algo as first partner, Arrington Capital, Borderless capital announcing new 500mio fund and skybridge announcing to build with unblox 5 new market places</p></li> <li><p>algo pushing to be a place for creators, institutions and financial inclusion it will be massive in a few years continuing to innovate with state proofs for bridging, working on vaults etc</p></li> </ul> <p>This is not investment advice, but I besides BTC and ETH there is nothing i feel so good about besides Algo. And I am glad to be early and looking forward to a growing community of Algonauts, growing attention in social media, growing ecosystem and more technical innovation to come! Ciao ragazzi!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/F0ckHedgefunds91"> /u/F0ckHedgefunds91 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/re1ai1/algorand_is_gonna_be_big/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/re1ai1/algorand_is_gonna_be_big/">[comments]</a></span>Kind Regards R