Major Protocol Upgrade: Now live on Algorand Mainnet, the release introduces State Proofs for trustless cross-chain communication and 5x faster performance.
Algorand State Proofs are an #interoperability standard that provide a simple, quantum secure, and trustless interface that any Proof-of-Stake chain can use without compromising on cost, reliability, or security.
Today’s upgrade also features an increase in performance from 1,200 to 6,000 TPS and new best-in-class developer tools, allowing organizations building on Algorand to continue to scale to meet growing demand for #Web3 applications.
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#Algorand #blockchain #blockchaintechnology #algo #crypto #cryptocurrency #greencrypto #greenblockchain #stateproofs