Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,165 trillion. Bitcoin is up by over 2% after a rollercoaster of a week. Ethereum decreased by almost 1% over the past seven days. XRP gained more than 15% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols…
Algorand
What is Algorand (ALGO) and How Does it Work?
Algorand (ALGO) is a decentralized, open-source blockchain platform that uses a consensus algorithm called Pure Proof of Stake (PPoS) to achieve fast and secure transactions. The Algorand network is designed to be scalable and energy-efficient, allowing many transactions to be processed quickly. Transactions are confirmed by a set of validators chosen randomly from a pool of eligible participants. The Algorand protocol also includes a built-in mechanism for incentivizing network participation, which helps ensure security and stability. The native cryptocurrency of…
Block Education
@BlockEducation
2 months ago 229 views