Excuse me while I chip away at the dip... #ALGO #Algorand | BitcoinHODLed στο Binance Square

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Excuse me while I chip away at the dip...#ALGO #Algorand 

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#Algorand is changing the game TVL is old news TVT is the new metric Total Volume Transacted This counts all volume moved through the chain, not the value locked on the chain This metric is useful for real world applications that only utilize blockchain to enhance their business model to make it more efficient and accessible #ALGO

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#ALGO the leader in real world applications

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The Algorand blockchain pioneered the Pure Proof-of-Stake (PPoS) consensus mechanism. Unlike other proof-of-stake (PoS) approaches where a user must stake (essentially, lock up) their tokens, on Algorand the user maintains control of their Algo at all times, since the tokens remain in the user’s wallet whilst securing the network as part of consensus. By utilizing sophisticated cryptography, including Verifiable Random Functions (VRF) and cryptographic sortition, PPoS ensures fairness, prevents collusion, and maintains high security. The network can tolerate malicious actors, and avoid forks and double-spending, as long as a supermajority of the stake (over 2/3) is held by honest participants. Algorand achieves scalability by electing a new block proposer and a new validator committee for each block, in less than 3 seconds. Both the block proposer and the committee members are randomly selected in a private, probabilistic and non-interactive fashion, out of all accounts that have registered online to participate in consensus, with probability based on each user’s stake. Each user in the system can independently determine if they have been chosen as a block proposer or committee member by computing the VRF with a public and secure randomness seed. Algorand's randomness seed is a secure network-wide value that changes per block and is used as VRF input to run the cryptographic sortitions. The Algorand protocol ensures that the randomness seed, for every block, is tamper-proof and unpredictable: users willing to participate in consensus must register their “participating status” 320 blocks in advance, making sure that no malicious user could ever gain any influence on the randomness seed. Since membership selection is non-interactive, an adversary does not know which user to target until that user has finished their work.

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Since the last cycle I have lived poor and stacked on a regular Dolar Cost Averaging. I was stacking a group of10 coins, but have consolidated my holdings into only 5. My biggest holdings are ALGO, ADA and DOT. I believe this is the end of ETH supremacy and believe ADA and ALGO have the technology o steal that spot... now imagine stacking at $0.10 and watching your holding go into the multi dollar range... That is what we will be witnessing soon. The Weiss rating has ALGO up to number 3 while ADA the only other A- rating has now passed the King of Alts ETH, doing what many said will never happen.

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Algorand is the leader in blockchain quantum resilience, already safeguarding the entire history of the chain against future threats of quantum computers through the implementation of FALCON signatures, a globally recognized post-quantum cryptography standard based on lattices. #ALGO

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