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2022-09-10 12:50:42

Algorand Fast Upgrade Could Be A Game-Changer – Here’s How

Algorand (ALGO) has always been lauded for its imagination and innovation. Algorand’s mainnet update can process as much as 6,000 TPS ALGO beats BTC and ETH when it comes to speedy transactions ALGO price is now up by 6.88% following the announcement of mainnet update And it’s now stepping up the game. Recently, Algorand has wowed the community once again with a major upgrade done to its system. With this new update, Algorand is described to be quantum-secure and can now process as many as 6,000 transactions per second. This is nothing new though for ALGO as it has always been considered one of the crypto networks with the fastest processing of transactions. In fact, Algorand’s mainnet can process a maximum of 1,000 transactions per second prior to this upgrade. Related Reading: Algorand (ALGO) Posts Double-Digit Price Drops In Last 30 Days ALGO Beats BTC, ETH In Transaction Speed Nothing else comes close but CELO, XRP, and SOL that can somehow catch up to the speed of ALGO. It’s in fact one blockchain network that can beat both Bitcoin and Ethereum when it comes to transaction speeds. Albeit, this recent upgrade on ALGO’s mainnet could mean that other crypto networks may literally eat dust. Besides having that fast and furious vibe, ALGO encompasses to have also filled the gaps when it comes to issues surrounding third-party interference. The upgrade on the mainnet comprises of a state-of-proof integration as well wherein use...

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