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]
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 10 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 11 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 18 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025
  • You need to login to comment.