Express

Silvio Micali: Algorand’s TPS Will Increase From 1,000 to 46,000 in 2021

Amy Liu

Summary: Silvio Micali, founder of the public chain project Algorand, said that in 2021, Algorand’s block recommendation time will be maintained at 0.5 seconds, block confirmation time will be reduced from 4.5 seconds to 2.5 seconds, and TPS will eventually increase from 1,000 to 46,000 . In addition, there are currently about 500,000 transactions per day ...

Silvio Micali, founder of the public chain project Algorand, said that in 2021, Algorand’s block recommendation time will be maintained at 0.5 seconds, block confirmation time will be reduced from 4.5 seconds to 2.5 seconds, and TPS will eventually increase from 1,000 to 46,000 . In addition, there are currently about 500,000 transactions per day on the Algorand blockchain, and more than 500 companies are using Algorand's smart contract and other functions to develop applications on Algorand.

By Amy Liu

Last Update:

Tags: ,,
Link: Silvio Micali: Algorand’s TPS Will Increase From 1,000 to 46,000 in 2021   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 11 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • You need to login to comment.