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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

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