How Powerfull Algorand Is? Only Algorand Has This Feature!
From the Bybit hacking incident, to increase security of users fund, we suggest to regullary change your privatekey, don't worry it won't change your public addrres.
Rekeying is Algorand protocol native feature that allows user to change private key of their wallet without changging their public address.
Users can perform "rekeying" as much as they want.
Many#blockchainsclaim to be able to handle tens to hundreds of thousands of transactions per second, but in real implementation, the network stops when handling hundreds to thousands of transactions, Ton Network for example.
Not just a claim, not a theory, just a fact! 34,008 txs in 2.6 seconds, +13,000 tx/second😱😱
This is not the first time#Algorandhas handled tens of thousands of transactions/second with a 100% success rate - 0 failed transactions, 0 network congestion.
This transaction is not just a simple transaction (eg; asset transfer) but also a complex transaction (smart contract execution).
🟢 Mainnet nodes increased by 179% 🟢 52% rise in new assets since December, partly due to the TravelX expansion in NFT-based travel tickets 🟢 The network’s TVL (USD) recovered, returning to early December levels by January 19
Full report: https://algorand.co/blog/january-2025-algo-insights-report $ALGO
$XRP experienced network congestion for few hours and over 2/3 of the top 60 CMC blockchains have already experienced network downtime or inaccessibility.
Interestingly, for multiple times Algorand Technologies processing over 10kTPS, with a peak of 14,722 TPS - zero downtime!
Travalacom has joined forces and integrated with Trivago.
This means the 120 million+ monthly website visitors across the 190+ countries where Trivago operates can now use Algorand and ALGO-native stablecoin USDCa to pay for 2.2 million new hotels and properties
Enel Group - Europe’s largest electricity producer and the second largest in the world, has launched a solar panel tokenization product on Algorand $ALGO
Algorand 4.0 Successfully Deployed - Make #Algorand Great Again!
Interesting part from the update:
-Consensus Incentivization, Real-Time Rewards
For the first time, consensus participants now have the ability to directly opt into staking rewards. This new feature ensures that those who actively contribute to securing the network are directly rewarded in real-time.
-Enhanced Support for Zero-Knowledge Proof Applications
Algorand 4.0 makes it easier than ever to build zero-knowledge proof applications. This advancement paves the way for a more private, scalable, and secure application, enabling developers to explore a new realm of possibilities on Algorand
Algorand 4.0 bring groundbreaking features that elevate both the blockchain's functionality and user incentives. $ALGO
RWA TVL increased by 34.6% from $57 million to $77 million in the second half of last year, driven primarily by expanding asset tokenization on Loffty🏘️
64.5% of the year’s follower growth on X occurred in Q4, with 13,196 new followers joining the community compared to 7,251 combined in the first three quarters 📈
Joining industry titans from the likes of BlackRock, Binance and PayPaL, Head of BD & Capital Markets of Algorand Foundation will be a speaker at CFC St Moritz 2025.