Chief Strategy & Marketing Officer Algorand Foundation. Opinions (especially strong ones) are my own. TPWK, always.
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We just released our PQ roadmap, targeting broad quantum resilience by 2027. This is a very aggressive roadmap, with first deliverables happening next quarter.
Beyond deliverables, we also outlined our philosophy around crypto agility.
Read more below.
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When blockchains meet the real world, only Algorand delivers!
An #AlgoFam concept with special guest @Scaramucci.
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BREAKING: @Conio and @EnelGroup, the world's largest electric utility company, are launching a solar panel tokenization product using the #Algorand blockchain. Italian residents can now reap the benefits of solar panels without physically installing them on their roof. They can buy panels from Enel, have Enel manage them at their facilities, and apply the actual energy production to their bill.
RWA at scale. #AlgorandCan.
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Hey Python devs, listen up… you’re part of an incredible community of millions of developers (@ThePSF, @PythonHub, @pycon, @clcoding, @Python_Dv, and more) and have created some of the most popular web properties in the world (@reddit, @dropbox, @instagram, @spotify, @mozilla).
Python-based services are scaling from ESP32 processors to the largest cloud environments.
But, until today, Python was unwelcome in decentralized computing land (aka blockchains) that required the use of arcane programming languages. With today’s AlgoKit 2.0 launch, this has now changed. #PythonOnAlgo introduces regular, semantically normal Python as Algorand’s canonical first party language.
This means Algorand enjoys compatibility with Python-native tooling, brings intimate familiarity for you, Python developers, and (coming soon) the ability to test smart contract code with the native Python testing suite.
Why should you care about blockchains? Here are 6 reasons why 🧵
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When blockchains meet the real world, only Algorand delivers.
Episode 3: the ice cream truck.
Another #Algofam production featuring @atsoc93, @0Designz, @AlgoLeagues, and of course @JohnAlanWoods
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I've heard some pushback here and there about why this is a big deal, putting us in the same category as Vyper for Ethereum or SmartPy for Tezos.
Let's make this very clear. Algorand's native support for Python stands alone, and doesn't fit into that category. Our release with AlgoKit 2.0 introduces regular, semantically normal Python as Algorand's canonical language. Developers can write code in the exact Python language they know, and it magically compiles to AVM bytecode.
By writing syntactically correct Python, rather than in a "Python-like", or "It-smells-like-Python-but-it-isn't" language , it enables compatibility with Python-native tooling. It also enables developers to share reusable Python code via pip with standard Python module tooling and import it in their smart contracts. This was an order of magnitude harder to do but @JohnAlanWoods and team didn't want shortcuts or compromises!
Algorand is the first Layer 1 to support native Python and meet the millions of Python developers where they are, with the tools they like to use and and dev environments they're used to.
And yes, it is a first in the blockchain industry and a very big deal!
Read more on our blog: 👇
developer.algorand.org/artic…
(hmm: did you notice what Alessandro said in his blogpost .... "more languages being worked on". We are clearly not done🚀)
Hey Python devs, listen up… you’re part of an incredible community of millions of developers (@ThePSF, @PythonHub, @pycon, @clcoding, @Python_Dv, and more) and have created some of the most popular web properties in the world (@reddit, @dropbox, @instagram, @spotify, @mozilla).
Python-based services are scaling from ESP32 processors to the largest cloud environments.
But, until today, Python was unwelcome in decentralized computing land (aka blockchains) that required the use of arcane programming languages. With today’s AlgoKit 2.0 launch, this has now changed. #PythonOnAlgo introduces regular, semantically normal Python as Algorand’s canonical first party language.
This means Algorand enjoys compatibility with Python-native tooling, brings intimate familiarity for you, Python developers, and (coming soon) the ability to test smart contract code with the native Python testing suite.
Why should you care about blockchains? Here are 6 reasons why 🧵
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#algofam: you saw the Python press release this morning. We’ve got A LOT of stuff teed up to create awareness in the Python community and broader blockchain space … more press articles should be hitting soon, we’re doing a space on X with @JohnAlanWoods on April 5 with devs who’ve tried #PythonOnAlgo, we got ads running on X, Reddit, YouTube, Google, Meta, and Stack Overflow. We have educational videos, a series of bootcamps, and hackathons planned, all leading up to Decipher in June.
#algofam I need your help to spread the message. I’ll do a tweetstorm shortly about WHY Python developers should care about this announcement. Please relay this message to every Python developer you know. If everyone gets 5 Python developers to download AlgoKit, we’ll quintuple the size of our community. Let’s do it! prn.to/49flmjJ
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Hmmm.... Solana end game still has forks. Algorand today = no forks!! #algofam whadda ya think? Let's help those poor Solana devs out. Python is coming!
Solana Endgame by Toly
"Synchronize a single permissionless global state machine as fast as the laws of physics allow"
Over 10k full nodes and 120ms block times
do with this information what you will
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It only took a simple phone tap at a local @Safeway store to pay $47.71 for greek yoghurt and cheese.
Behind the scenes, and through the involvement of 5+ companies and countless node runners, the charge was instantly recorded and debited from my crypto balance on the #Algorand blockchain.
The transaction: allo.info/tx/L6ZPCP54RYS56QU…
The players: @PeraAlgoWallet (crypto wallet on Algorand), @Google wallet (tap-and-pay phone wallet), @immersve (the card issuer), @circle (USDC stablecoin issuer), @mastercard (payment network)
When blockchains meet the real world, only #Algorand delivers.
When blockchains meet the real world, only Algorand delivers!
An #AlgoFam concept with special guest @Scaramucci.
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Top announcements of day 1 at Decipher:
1/ @circle USDCa now available through @coinbase
2/ LiquidAuth, a decentralized alternative to @WalletConnect
3/ Humanitarian council, an initiative led by Algorand Foundation with participation from @UNDP, @circle, @Worldpay_Global and others seeks to revolutionize aid delivery using blockchain technology
4/ Algorand is coming to @nansen_ai
5/ @PeraAlgoWallet-linked @Mastercard debit card available soon.
And that's just day 1. There is another day to go. What else could we possibly announce?
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We're proud to partner with Google to make agentic commerce over crypto rails a reality.
When agents need to pay each other, they'll want transactions that settle in real time at low cost, without counterparty risk. Algorand, with its instant finality, low fees and native atomic grouping is the perfect blockchain to unlock the world of agentic commerce.
Stay tuned!
Algorand has been added as a partner for @GoogleCloudTech's Agent Payments Protocol (AP2).
Google developed AP2 to initiate & transact agent-led payments across platforms securely.
Our blockchain’s instant finality, low-cost, and secure transactions make AP2-ready agent payments seamless across platforms.
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Well.... I'm sure "the rest" doesn't include Algorand. This is what a node looks like on Algorand.
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Algorand already supports all the features required in the GENIUS act -freeze, clawback, default-frozen, reserve addresses- without the need for smart contracts. Combine this with instant finality, ultra-low fees, and carbon neutrality, and there is no better chain than Algorand for institutions to launch stablecoins on.
1/7 🚨 The Senate just passed the GENIUS Act (68–30) — the first federal framework for stablecoins in the U.S. 🇺🇸 #GENIUSAct
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When the dust settles and all the noise dies down, the signal will become clear. No longer will people be able to hide behind regulatory uncertainty or empty hype, or crazy manias. The winners will be those that can deliver real value at scale. Real tech, real builders, real products. Algorand is ready. For many others it will become apparent that the emperor has no clothes.
When blockchains meet the real world, only Algorand delivers!
An #AlgoFam concept with special guest @Scaramucci.
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It’s time for operation #FixTheData.
#AlgoFam - 4 weeks until Decipher! We are launching a 4-week sprint to identify and correct any wrong or outdated info about Algorand anywhere on the web and we need your help in doing so.
Read on ⤵️
1️⃣ Analytics
We know this is an ongoing pain point. Some providers don’t list Algorand or ignore Algorand projects; some providers have outdated data; and some data is just plain wrong (like not counting inner TXs).
This is our issue tracker with current status: docs.google.com/spreadsheets…
2️⃣ Add to the tracker
I’m sure we’re not capturing all the issues out there. So, please let us know what else we’re missing and we’ll add it to the tracker.
Use this Google form to submit your feedback: forms.gle/cb14amkFmXox4gTw9
3️⃣ Active developers
We have far more active developers than are listed on Electric Capital. This is a call to all Algorand Developers to…
1/ Create a public GitHub repo if you don’t already have one; and
2/ Submit the repo to @ElectricCapital, using this form (ecosystem name is ‘Algorand’):
airtable.com/appt4H0KnWc7CpX…
Let’s all work together to make sure Algorand is represented fairly and accurately.
This “blocking and tackling” is not glamorous but it’s important because incomplete or incorrect data negatively impacts all of us.
Any suggestions, contact our Head of BI, @bonanno_simon.
Any wins, reply to this post! 🙏
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Algoland is launching on Monday!!
Interview | Algorand bets on gamification to grow retail community crypto.news/interview-algora… #Algorand
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#Algofam let's remind CT why #Algorand is the chain of the future. RWA= Real World Adoption
#AlgorandCan
When blockchains meet the real world, only Algorand delivers!
An #AlgoFam concept with special guest @Scaramucci.
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We just finished the recording of the roadmap presentation. Can't wait to share it with you all. Thursday 12p ET.
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Vitalik got community noted for spreading misinformation about Algorand. Great job #AlgoFam!
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#AlgoFam are we having fun today? Keep sharing your ad! Asia/Pacific region is about to wake up. They deserve to see it too!
When blockchains meet the real world, only Algorand delivers!
An #AlgoFam concept with special guest @Scaramucci.
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Let’s have a conversation about metrics, apples, and oranges.
Each blockchain has its own metrics and its own methods for calculating them. Nothing wrong with that.
However, where things go awry, is when these metrics get aggregated by analytics providers at face value, without correcting for different methodologies, therefore comparing apples and oranges.
To make matters worse, this apples-and-oranges-data is then interpreted to make judgements about the strength or weakness of certain platforms.
A thread 🧵👇
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BlackRock issues rare warning: Is Bitcoin’s future at risk from quantum tech?
But as @Cointelegraph notes, Algorand is already ahead because "it has integrated Falcon, a post-quantum digital signature algorithm that’s been officially vetted by the US National Institute of Standards and Technology (NIST)."
cointelegraph.com/explained/… via @cointelegraph
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🚨#BREAKING: Mitsui O.S.K Lines, one of the largest shipping companies in the world, announced a group-wide carbon inset program using @1to3carbon who tokenizes these insets on #Algorand.
mol.co.jp/en/pr/2025/25020.h…
These carbon insets represent investments in low emission fuels and offer Mitsui's customers an opportunity to actively green their supply chain.
Carbon insets are often considered superior because they focus on reducing emissions directly within a company's own supply chain, as opposed to carbon offsets that rely on external projects.
Real-world usage. Real-world scale. canablockchaindothat.com/123…
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1. The message obv. doesn't target normies. It targets the 50k+ ETHDenver participants like yourself arriving at Denver airport. You noticed the ad? Great. Mission accomplished.
2. The message is simple and clear. Algorand is ready for scale today and doesn't require 5 year plans to fix basic things like throughout, slow finality, etc etc. I challenge you to find anyone in the ETH ecosystem that doesn't understand what this means.
3. Of course, ETH maxis will be maxis and we won't convince them. But there are a lot of developers that just want to build great products and are frustrated with how things are going. The ad is for them. There is an alternative. Developing on Algorand is much faster because we don't fork, we have instant finality, we don't need smart contracts to create a token, we have built in atomic swaps, support native Python and Typescript, and on and on.
4. Not sure if you're a dev, but if you are, you should check us out. #AlgoFam will welcome you and help you along the way.
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Can't wait to share our new roadmap. So exciting. It's coming. Before the end of the month.
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$ALGO is using post-quantum encryption keys in its state proofs, which are generated every 256 blocks (about 10 minutes). This means that every transaction on Algorand is guaranteed to be quantum secure after 10 minutes.
More info: algorand.co/technology/post-…
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Just amazing. And staking rewards hasn't even launched yet. Algorand will be the most decentralized of all major blockchains by end of year. @Justin_Bons
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🔥🔥🔥! The only card in crypto with real-time, on-chain balance tracking and the ability to withdraw and deposit anytime. Instant Finality in a real world application.
#AlgorandCan
Pera Cards launch on Algorand May 15! 🚀
Spend @USDC anywhere Mastercard is accepted, powered by @immersve 💸
Beta starts in UK, Germany, Spain, Italy, New Zealand, with more countries later 👀
Join the waitlist now: perawallet.app/pera-card/
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Join @JohnAlanWoods and I tomorrow on CoinMarketCap to discuss all things Algorand.
coinmarketcap.com/community/…
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Imagine Siri booking flights, negotiating hotel prices, and paying other AI agents on your behalf without asking you to click a thing. That’s exactly where we are heading. AI agents are evolving from passive tools into active participants in the economy, capable of making decisions, exchanging value, and collaborating with other agents in real time.
The problem is that while these agents are moving forward, our financial systems are not. These agents do not have banks. They cannot wait for multi-day settlements or navigate high-fee, human-centric payment processes. What they need is an infrastructure designed for machines - something always on, programmable, and built for fast, frequent, low-cost transactions.
In my new op-ed for @AmerBanker I explain why blockchain is not just part of the solution. It is the missing layer for what I call agentic commerce. It is time to think about money from a machine’s perspective. Link below.
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My new Algorand node hardware. Getting ready for staking rewards and reti pools.
a.co/d/dimSlOG
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Excited to join @AlgoFoundation as CMO. Can't wait to engage with #algofam and get to know everyone!!
✅ We're here to verify your guesses.
🥁 Introducing Verifiably Random, an original podcast by @AlgoFoundation 🎙️
On the same note, #WeAre pleased to introduce the third mystery host and the Foundation's new CMO, @marcvl! 👏
Give Marc a warm welcome by following him ➡️ @marcvl.
The first episode drops in April, where you'll get the chance to learn more about Marc's background—from Android to AI, and now Algorand!
Learn more about Marc: algorand.foundation/news/alg…
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NGL. This sucks, not just for Algorand, but for the blockchain industry as a whole. It is a loss for decentralization and an indictment of an industry that has a serious reputation problem. And, for us as a community, it’s doubly painful because TravelX demonstrated the power and potential of Algorand, running and scaling with a perfect track record for more than 4 years.
If you followed TravelX closely, you probably noticed the signs. As they were pursuing product-market fit and navigating the airline industry’s conservative instincts, they stopped mentioning the word blockchain on their website a while ago. They stopped talking about the potential of peer-to-peer ticket sales and pivoted to revenue management for airlines. As such, the case for blockchain and decentralization weakened. The reality is that you don’t need a blockchain to handle revenue management. Combine this with the aversion many enterprises have for ‘crypto’, and here you go.
At the same time, I don’t buy the FUD, for multiple reasons:
1/ The success of a decentralized ecosystem does not depend on a single company. The Algorand community counts many gifted developers and entrepreneurs with tremendous potential, all at work to scale their respective businesses. Lofty is tackling the real estate market, representing $50 Trillion in the US alone; Conio is providing a tokenization platform that is trusted by some of the biggest companies in the world, like Enel. HesabPay is reinventing banking for the 1.4 billion people in the world that are unbanked. Our DeFi companies like Folks, Tinyman, Vestige, and many others are delivering the smoothest DeFi experience in the industry and composable products like mTBills bring new products and value to DeFi. And I can go on and on… we have 100s of projects and companies developing on Algorand. Who’s going to be the next TravelX? Your guess is as good as mine, but we have many companies in our ecosystem with the potential to dwarf what TravelX is doing.
2/ New developer activity is trending upwards. Our investments to support native Python and Typescript position us well to be the first port of call for web2 developers seeking to onboard web3. I see new repositories being posted to Electric Capital on a weekly basis. I see increased engagement from developers at Pycon and JSNation conferences, I notice that over 1,000 Bolt hackathon participants signed up for Nodely services, etc. And we haven’t even launched the new onboarding partnerships with EasyA and Rise In.
3/ We are more decentralized than ever. The Foundation’s staking percentage is down to ~22% and will continue to go down. We count over 2,000 validator nodes. Phase 1 of P2P will launch imminently. xGov grants are coming back. And we started work on the long term economic sustainability of the protocol for when the Foundation supported staking rewards run out.
4/ There is no shortage of big opportunities ahead, specifically in payments. I firmly believe that Algorand can and will play a big role in this space, given our technology advantages. Just look at the Immersve Mastercard on Algorand. We are the only chain capable of real-time, on-chain settlement. Or look at the mTBill $2 million atomic swap we did recently. Who else can do this with instant finality, without counterparty risk and without smart contracts? More on this as we discuss our roadmap next month.
It still sucks that TravelX is pausing the tokenization of tickets and moving to a private infrastructure. However, as they have indicated themselves, I do not think this is permanent. I am convinced that, with improved regulation, improved acceptance of crypto in general and stablecoins in particular, it is unavoidable that the transaction and payment of airline tickets in decentralized ecosystems will become a reality. TravelX and Algorand will be well positioned when that happens.
But even without that, there is much to celebrate about what’s going on in our ecosystem today. As I mentioned on the community call earlier this week, we want to put the spotlight on the entrepreneurs, the innovators, the developers and the apps they build. We want more people to try these apps and experience how smooth everything works when the underlying infrastructure doesn’t fork or fail. And when we do that, let’s welcome all newcomers into our community: the developers, builders, KOLs, retail users,... everyone welcome. Let’s keep growing this community together.
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No wrapping or bridging needed. @Wormhole NTT allows for native token transfers between Ethereum or Solana and Algorand. Stablecoins (or other tokens) on these chains can now easily launch on Algorand and take advantage Algorand's unique capabilities such as instant finality, low cost, and atomic swaps. These tokens will exist natively on Algorand and won't require smart contracts.
Algorand is now natively multichain, through Wormhole NTT.
⚡️Powered by @wormhole.
🔨Built by @FolksFinance.
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It's easy to talk about crypto payments as the future of finance. But rather than talk about it, we ship products. The @PeraAlgoWallet card in partnership with @immersve and @Mastercard allows users to spend @USDC directly from their Pera Wallet everywhere Mastercard is accepted, with realtime crypto-to-fiat conversion and on-chain settlement at the moment of purchase. No custody handoff. No off-chain ledger. Just smooth, decentralized payments using #Algorand's top-tier infrastructure.
This has been a labor of love for many at the @AlgoFoundation, @PeraAlgoWallet, and @immersve for almost a year: engineering, product, marketing, legal, ecosystem teams, BD, etc. Congrats to everyone for pushing this through!
algorand.co/blog/pera-wallet…
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What if there were a chain that combined the speed of Solana with the decentralization of Ethereum and added institutional-grade features (like instant finality and atomic swaps) that neither has?
#AlgorandCan
🔥 JUST IN: Cathie Wood tells CoinDesk that $ETH is the clear winner for institutional protocol.
"Ethereum, while it might be higher cost and a little slower, it's more decentralized."
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Coingecko added $Algo to their 'made in the USA' list. Still working on CMC.
coingecko.com/en/categories/…
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hmmm.... If @solana can't even keep their ads up, what's the chance they'll keep the network up?
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Outside Crypto Twitter, in the real world, people and companies continue to be sceptical about blockchains. Whereas we, in our CT bubble, marvel at $GOAT and the AI possibilities, people think we have lost our mind and enterprises continue to shun crypto. It is time, as an industry, to more clearly articulate the benefits and use cases that blockchains enable in the real world. And no, these do not include memecoins.
Introducing CanABlockchainDoThat.com. Algorand is laser focused on helping entrepreneurs and developers deploy blockchain solutions at real world scale. Join us in our mission to power a world where information has integrity and innovative solutions can scale.
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Talking with the terrific @vestigefi team at Decipher who demoed their swap aggregator. Only possible on Algorand. 13 atomic swaps in a guaranteed atomic group that cannot be sandwiched, with low fees and finality. If any of the routes have bad slippage, the entire group will fail. What you see is what you get. Guaranteed.
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We have pulled 88MM Algo from the staking set and shut down 2 of the Foundation's nodes. It's just the beginning. As more stake comes online, we will continue to remove Foundation stake, driving towards more and more decentralization.
allo.info/tx/CHIQMEGXYI6Q5KQ…
allo.info/tx/C22EPFFPJALBTRA…
Algorand's staking rewards has been hugely successful.
Only 2 weeks in stake has risen from 1.3BN to 1.7BN Algo!🥩
As promised, today the Foundation will begin to drop its stake, by ~100MM Algo, which means more rewards for you!🤑
AF will continue to reduce stake regularly.🔥
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Congrats @jprichardson ! And congrats to @exodus_io for being the first US company to have its stock $EXOD tokenized on blockchain. I'm glad you picked #Algorand.
decrypt.co/229589/bitcoin-wa…
Big news!
Exodus stock $EXOD starts trading on the NYSE American this Thursday, May 9th.
This significant milestone paves the way to creating long-term value for our investors by expanding our global shareholder base and boosting stock liquidity.
LFG!
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Berkshire-backed Nubank adds ALGO to crypto offerings cointelegraph.com/news/berks… via @cointelegraph
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More than 900 sign ups for today's bootcamp of which more than 50% are net new developers into the Algorand ecosystem. Blockchain development with #Python is real. #OnlyOnAlgorand 🚀🚀🚀🚀
Algorand bootcamps are starting tomorrow. The first one has over 800 people signed up already. Don't miss out. It's not too late to join:👇
developer.algorand.org/bootc…
With #Python on Algorand, it has never been easier to start building. What will you build? #OnlyOnAlgorand
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#algofam, time for some spring cleaning! Let's help Google remove dead links from search results. Follow these steps:
- search 'Algorand Explorer'
- notice how the first search result is 'algoexplorer.io'. Click on the 3 dots next to the URL
- select 'remove result'
- select 'it's outdated'
- select 'to refresh Google's outdated result ...'
- page will show the URL. Hit 'submit'
- click the 'press here' link where it says 'if you still think ....'
Now do the same for the algoscan.app link further down on the search result page.
(Your results may vary depending on the level of personalization you have enabled with Google)
Thanks #algofam!
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This is the major difference between a stablecoin and an electronic money token... An EMT is always redeemable at par value, not at 0.999 or 1.001. This makes a huge difference for companies since accounting for (even small) gains or losses is a big pain. #OnlyOnAlgorand
EURD Electronic Money Token holders have a right of redemption at any time at par value, under the condition that the holder is white-listed with valid KYC/AML and bank details.
The @quantozpay App offers functionality to redeem #EURD. Get the App here: quantozpay.com/payment-app-e…
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I gotta say... I rekeyed marcvl.algo to a @Ledger-based account with @PeraAlgoWallet and it was done in 3 clicks or so. Super easy. Super powerful. I can't believe no other major blockchain offers rekeying. Only if you care about real-world use and security, I guess:-). #OnlyOnAlgorand
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If Google says Algorand is #1 for 'python for blockchain' who are we to argue? #python #onlyonalgorand #nohallucination
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Totally! Providing the 10M python developers with an easy onramp to blockchain development is all about growing the pie for the entire industry! #Algorand
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So #algofam ... working on the first episode of #VerifiablyRandom, @AlgoFoundation 's podcast launching in April. Reply with your questions for @JohnAlanWoods , @mintwt , or myself.
✅ We're here to verify your guesses.
🥁 Introducing Verifiably Random, an original podcast by @AlgoFoundation 🎙️
On the same note, #WeAre pleased to introduce the third mystery host and the Foundation's new CMO, @marcvl! 👏
Give Marc a warm welcome by following him ➡️ @marcvl.
The first episode drops in April, where you'll get the chance to learn more about Marc's background—from Android to AI, and now Algorand!
Learn more about Marc: algorand.foundation/news/alg…
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Welcome @nbougalis to Algorand. Thrilled to have you. #AlgoFam: give Nik a follow!
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Calling all cypherpunks. You can now store all your passkeys in a self-custodial crypto wallet, protected by your 24 word seed phrase. No more passwords, no more relying on centralized gatekeepers, you are fully in control.
As of today, I'm logging in to Amazon, GitHub, Google, and LinkedIn with @PeraAlgoWallet.
And this is just the start. Next up, let's replace @WalletConnect with a decentralized alternative. That's the promise of Liquid Auth. Learn more at liquidauth.com
Liquid Auth is now live on Algorand through @PeraAlgoWallet 🔐
Sign in securely anywhere with your wallet.
No passwords. No Big Tech lock-in. Just your face or fingerprint.
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Let's talk Algorand fundamentals:
With impressive speed (10,000 TPS), instant finality, low transaction fees (0.001 Algo), and rock solid reliability (never been down in 5 years), we are the best single-layer blockchain to power solutions that require scale.
How about scale/growth?
✅ 403 million transactions in Q1, a 288% QoQ growth.
✅ Revenue grew 1,747% QoQ
✅ DeFi $130M TVL, 9% QoQ growth
And developer activity/influx:
✅ In Q1 we launched the first native Python implementation in the blockchain industry
✅ Close to 3,000 developers, most of them new to blockchain development, participated in our bootcamps in April alone.
✅ We have hundreds of active projects built on Algorand in many different industries such as RWA tokenization, finance, social impact, with many more under development.
And last but not least, let's not forget our very active and passionate #algofam community!
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Staking without the fine print:
1. You want to help secure the blockchain
2. You stake
3. You get rewarded
Period.
No slashing, no lockups, no delayed payments, and no need for a super computer with a 10G Internet connection.
That's staking on #Algorand. Plain and simple. Coming early December.
algorand.co/staking-rewards
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Tonight I introduced a friend to Algorand. He downloaded Pera wallet, created a new account, pulled up the QR code, I sent him 5 algo’s from beastie.algo, he swapped it for usdc and then sent the usdc to marcvl.algo. All in about 5 minutes with instant finality, insignificant fees, and no errors. Mind blown🤯 . You can follow the trail on allo.info. #OnlyOnAlgorand
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Back at Google with @mintwt and @luthermaday. our BD head of payments. I had to introduce them to Android jellybean and lollypop!
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"New Algorand roadmap shifts power to users, targets $18.9T tokenized market," reports @CryptoSlate cryptoslate.com/new-algorand…
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Excited to see this launch! It is getting easier and easier to buy, sell, transfer @USDC on #Algorand. Onramp $USDC with @cryptocom and get a @PeraAlgoWallet debit card that lets you spend $USDC anywhere @Mastercard is accepted, with real-time on-chain balance tracking and instant availability of funds. Couldn't be any easier.
Deposits and withdrawals of $USDC via Algorand have just been enabled on the Crypto.com App.
Launch the App 👉 crypto.onelink.me/ADTi/812ru…
@circle
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I love this. Real businesses. Real use cases with clear benefits of using blockchain technology. #OnlyOnAlgorand.
Two Algorand companies are leading the way for RWAs and real estate tokenization: @lofty_ai and @vestaequityvpm.
Lofty CEO, @PMDBT and Vesta Equity CEO, @mjcarpentier, share their insights on how real estate tokenization works on @CNBC.
Watch the interview from 2:31: piped.video/jankz8epmaE?si=Zw3E…
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In short, developing on Algorand is both faster and safer. There is simply no better blockchain to develop enterprise-grade apps on.
CanABlockchainDoThat.com
At some point people get tired of endless L1s & L2s that simply don’t work. We want substance.
Python, instant finality, 10,000 TPS (even smart contracts), native assets, it just works. Hello Algorand. 👋
Looking forward to $algo Staking Rewards & Peer-to-peer consensus! 👀
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This illustrates once again how advanced Algorand is compared to the Ethereum L1/L2 architecture:
1/ Instant finality combined with 2.8s block times. No forking ever.
2/ Validator cheating is made impossible through advanced cryptography, rather than having to rely on economic disincentives.
Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times
vitalik.eth.limo/general/202…
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Top announcements of day 2:
1/ RWA! First tokenized money market fund on Algorand (@abrdn_plc), tradeable in digital Euros (@Quantoz) and enabled by @ArchaxEx.
2/ Labtrace completes first research study funded by Pharma giant @GSK using Algorand blockchain to ensure data integrity in clinical trials.
3/ @FinbootTech, a supply chain company in oil and gas industries, leaves gas fees behind and moves to Algorand.
4/ Kare survivor wallet by @aidtechnology will deliver rapid assistance to disaster survivors across the US (first implementation of newly announced did.algo)
5/ 123carbon secured a 135,000t CO2e contract, one of the largest issuance of transport-related insets in the world, all registered on Algorand.
Enabling blockchain solutions at real-world scale is what we do. And the 10 announcements spread over 2 days are the concrete proof of this.
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First chain?? Ahum. History was already made on Algorand. algorand.co/technology/post-…
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Episode 4 is out, and we're talking about another key Algorand differentiator: quantum security.
What is quantum computing's role in enhancing blockchain security?
@JohnAlanWoods, @mintwt, and @marcvl break down how quantum computing works, and how it could be a game changer in making blockchains more resistant to attacks.
Watch the full episode ⤵️
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The power of atomic swaps, digital Euros, and tokenized money market funds. #OnlyOnAlgorand
1&2 - Peer to peer sale and purchase of tokenized MM Fund using onchain money
3 - combined sale, purchase, and settlement of:
- FX trade
- Crypto trade
- tokenized trad-fi
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It feels like many of the proposed scaling solutions are band-aids.
There is a 6th option, not mentioned here , which is "properly engineered from first principles". Algorand falls in that category.
The consensus protocol is designed to be extremely lightweight with minimal node hardware requirements, and the AVM's design and approach to determinism is extremely efficient, resulting in a blockchain that can support 10k TPS without gimmicks or band-aids, whilst being decentralized.
And decentralization will be further improved without impacting throughput with the P2P launch later this year.
BTC & ETH could adopt the best scaling technologies, but that is not happening
Instead, they deny the tech even though it is groundbreaking!
From parallelization, sharding, DAG, ZK & modular scaling!
As these five scaling methods are inevitable the future of cryptocurrency: 🧵
Parallelization:
Allows all computer cores/threads to be used in parallel, utilizing processing power that would otherwise be wasted. As all modern computers today are multi-core & parallelization can take advantage of that fact.
It is pathetic that BTC & ETH are mostly single-threaded & that there are no efforts underway to change that. That is why all chains should implement this tech, as the trade-offs are negligible.
Prominent examples include SOL, APT, SUI & SEI.
Sharding:
Takes this principle of concurrency a step further & splits the workload not only within a single computer to utilize multiple cores but also between multiple distinct machines/parties. This allows for true horizontal scaling; as with this technology, you can feasibly increase capacity without increasing node requirements.
This is why I consider sharded chains to have effectively solved the classical blockchain scaling dilemma. The primary trade-off compared to a purely parallelized chain is that cross-shard messaging sacrifices some speed, as it adds a few seconds to confirmation times.
I would also include enshrined roll-ups within this category, as they are functionally the same.
Prominent examples of sharded chains are: TON, NEAR, EGLD & XTZ.
Direct Acyclic Graph (DAG):
Instead of a chain of blocks, or in the case of sharding; multiple chains, DAGs visually more closely resemble a tree-like structure with multiple branches. This tech is theoretically capable of "infinite" scalability & is also very fast.
Still, it comes with other major trade-offs, such as an inability to track a single composable state. It is possible to "enshrine" some branches, fixing this issue (FTM's solution). However, in that case, you end up with some of the same limitations compared to a non-DAG structure.
Some prominent examples of DAGs include: AVAX's X-chain, FTM, KAS & NANO.
Zero Knowlege (ZK):
Uses cutting-edge cryptography to drastically increase efficiency by only putting the proofs into the chain instead of all the data. This breakthrough has massive potential to revolutionize the blockchain scaling field, as it also solves the blockchain scaling trilemma.
However, we are still very early in the development process; as far as I am aware, not a single L1 has fully implemented this tech. There are L2s such as Matic's ZKEVM, but it only posts the proofs to ETH & does not actually use it for consensus, so it is not strictly speaking an L1 scaling solution.
ETH researchers have been investigating the possibility of fully implementing a native ETH ZKEVM, but if it is ever released, this will take at least five years. This is because using ZK as an L1 scaling solution still depends on either cryptography or hardware breakthroughs, as the compute time is still far too long for it to be used as a true scaling solution today.
Modular (L2):
Also splits the workload between multiple chains; however, unlike sharding, the additional chains can have their own rules in modular scaling. This is why this type of scaling can be seen as a form of heterogonous sharding, as opposed to homogeneous sharding (what we covered earlier).
However, for the sake of clarity, I refer to this as modular scaling here. As it is a distinctly different approach, opting for the market to build out these additional chains on top instead of it all being part of the core protocol. The trade-off here is fragmentation, to what degree depends on the implementation details.
To highlight the importance of these details; I am not even putting ETH style "L2 scaling" into this category, as it lacks a common interoperability protocol. Even though "L2 scaling" is technically a form of modular "scaling"; it fails so spectacularly in that goal that I do not consider it a legitimate scaling tech at all, explaining the use of quotation marks in this case.
Unlike chains that were designed from the ground up with a modular scaling approach in mind; as such chains are, in fact, much closer to achieving the goal of true scalability. Because, ETH now faces major coordination problems in attempting to implement specific major changes at such an advanced stage, such as shared sequencing, something that true modular chains have already built in from the beginning.
However, even with a seamless interoperability protocol and potentially even shared security, there is still a UX trade-off compared to a homogeneous sharded chain. It is nowhere near as bad as "L2 scaling," but it is still not insignificant. Because these different chains can have different rule sets, which therefore require additional input from users, as some of these rules can be detrimental. This is what makes the UX worse, as users do need to be aware of what chain they are in, unlike sharding. However, DOT's research into "accords" could lessen some of these pain points in the future.
Prominent examples of modularly scaled chains include DOT, ATOM, AVAX & ICP.
Conclusion:
There are many ways that blockchains can scale; making the future of cryptocurrency incredibly bright. As long as we acknowledge that progress is being made & do not resort to tribalisticly defending outdated technology.
That is what makes BTC's & ETH's refusal to implement any of these technologies so damning. Especially when core developers claim that on-chain scaling is impossible, using that claim to justify the no-scaling or "L2 scaling" path.
All while there are hundreds of chains proving them wrong every single day, that is necessarily the false assumption that "L2 scaling" is built upon.
Even though this list covers 99% of cases, let me know what methods I missed; if you can think of a unique scaling tech (broadly speaking) that this list does not cover, then please respond with a comment below!
Hope you found this informative & remember: Scalability is worthless without decentralization & the reverse is also true!
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Thanks for taking the time to write this. It means a lot and shows that you, along with many folks in the community care deeply about Algorand's success, as do I. And yes, expect a lot of engagement along the way. You guys are key. I'm an army of one; you are an army of 1000s!
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Algorand's consensus model is based on Byzantine Agreements, guaranteeing instant finality. As soon as a block is created and certified (~2.8s), all transactions in the block are final and cannot be reversed. There is no slashing or other economic disincentives needed.
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The announcements keep coming. Algorand dataset now on Google BigQuery.
#Algorand mainnet dataset is now public on Google #BigQuery. Anyone can now analyze the whole history in seconds.
linkedin.com/pulse/algorand-…
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#AlgoFam the progress we all made towards decentralization in Q1 is nuts. Here are some numbers:
✅ Online (Validator) accounts increased from 897 to 2,284 (a 155% increase)
✅ Non-Foundation stake increased from 460 million Algo to 1.02 billion (a 121% increase)
✅ Foundation stake decreased from 63.5% to 32.8%
✅ 10.5 million Algo was paid out to block producers
If you've staked your Algos and helped secure the network, THANK YOU. If not, it's not too late to start! Check out all the options at algorand.co/staking.
We're not done. The push towards full decentralization continues. More stakers will allow the Foundation to continue reducing its stake. And with the imminent launch of P2P, we're going to remove the last vestige of centralization: the dependency on relay nodes.
The stakes are juicy and remember, no slashing, no lock-ups, and instant rewards. Things don't get much better than that.
PS: total node numbers on Nodely (6k+) are somewhat inflated by the many dynamic IP addresses used by at-home stakers. So take that number with a grain of salt. We're working with the team on a revised methodology to count nodes more accurately.
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When blockchains meet the real world, only Algorand delivers.
Episode 2: atomic swaps.
Trading without trusted middlemen is the holy grail of blockchain use cases. Being able to trade assets instantly and securely at close to zero cost is revolutionary. And yet, surprisingly, none of the major blockchains are solving the counterparty risk that is inherent in trading in trustless environments.
The solution, atomic swaps, is one of #Algorand’s powerful primitives. No need for band aids such as hash-time locked contracts, or other complex workarounds that waste developers’ time and add risk, cost, and delays.
Sure, use #Solana or #Ethereum if you want to trade a hotdog or memedog, but if you’re tokenizing billion-dollar money market funds and want to trade in @Circle’s USDC or @Quantoz’ EURD or setting up complex DeFi swap routing, or using any type of financial settlement software, better build it on an enterprise-grade blockchain like Algorand. A thread 🧵(1/8).
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Project #FixTheData is on a roll. We continue to work with all major providers to help them understand #Algorand and assist them in reporting the data fairly and accurately. In general, we find that providers are very open to working with us. It just takes time, especially in cases where we do things differently than EVM chains. Thanks @coingecko for the partnership.
Algorand is now rightfully listed under the RWA category by our friends over at @coingecko
Real-World Assets? More like Real World Algorand.
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Quest away and discover for yourself why Algorand is the best L1: 2.9s block time with instant finality for all your DeFi transactions, the best wallet in the industry, and super low fees.
(*) quest is rolling out to all users in approved countries - not the US - over the next 10 days.
🧙 It's time to get questing!
Algorand @Coinbase Learning Rewards are officially rolling out today.
Explore the Algorand ecosystem through @PeraAlgoWallet, @tinymanorg, @FolksFinance, @NFDomains and @EXA_Market.
Start your onchain journey and start earning rewards ⤵️
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I very much enjoyed the conversation with @leemonbaird, @beniaminmincu, and @may_hashpack. Thank you so much for hosting @genfinity.
The DEREC alliance is solving a critical issue in crypto - how to securely manage your private keys in a decentralized manner. And it's doing it the right way: by building non-partisan tech, based on off-the-shelf cryptographic primitives, and making it interoperable across all of crypto (and beyond).
Algorand is proud to be a founding member of the DEREC alliance, along with @hedera, @Cardano_CF and @Ripple. We are looking forward to integrating the technology in our ecosystem wallets, starting with Rocca, the first wallet that is built from the ground up for non-techie users.
🚨 BREAKING: The Biggest Names in Blockchain Just Joined Forces
Beniamin Mincu, Leemon Baird, Marc Vanlerberghe & May Chan reveal how the world’s largest networks are uniting for decentralized recovery.
What Network Joins Next?
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Attenzione!
What better way to upscale your web3 startup than an investment of €120K and mentorship by Algorand and Microsoft?
#PythonOnAlgo
#GoBuildWithAlgorand
Thanks @CharliePortree 😊
The Algorand Foundation is proud to be a technical partner of Frontech Accelerator, alongside @microsoft.
The program is born from an initiative of CDP Venture Capital, which is dedicated to frontier technologies such as AI, Web3, and Metaverse that are transforming all productive sectors.
Ten startups in seed and early stage phases will be selected every year for three years, with each receiving an initial investment ticket of €120K and a six-month program focused on strengthening their business proposals.
Applications open from today until May 19, 2024, at frontechaccelerator.it/en/
Learn more about the partnership on our blog: algorand.foundation/news/cdp…
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Very big deal. As a blockchain born in the US with a history of delivering real world solutions, we have an opportunity and obligation to help shape crypto policy. With @_JennieLevin and @BlockchainAssn we now have the experience and the connections to do so.
We’re happy to announce that the Algorand Foundation has joined the Blockchain Association, a group that ‘plays an essential role in advancing crypto policy in Washington and beyond’.
Our CLO, @_JennieLevin, will be ‘working closely with the @BlockchainAssn on policy engagement and advocacy efforts’.
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I love this project. This also illustrates the importance of quantum securing the chain. Because the Algorand chain is quantum secure, no historical fact recorded on the blockchain can be messed with, not even by future quantum computers. Whether you're a historian, or a financial institution looking for a secure, immutable historical ledger, Algorand is the chain that delivers. #NotInBeta #OnlyOnAlgorand #OpenForPython
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@brave users: welcome to Planet Algorand. Go download @PeraAlgoWallet and experience a blockchain that is built for real world scale with instant finality, low fees, and great UX. And if you like what you see, help us secure the network by participating in our brand new staking rewards program, launching very soon!
algorand.co/staking-rewards
Over 70 million people use @brave browser monthly.
Over 70 million people will be finding out about Algorand.
They now know the answer to canablockchaindothat.com.
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We passed 2k validator accounts. Node count is up to 4.4k. More decentralized every day.
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Maybe we can inspire the #Ethereum community to have a look at Algorand? Controlled asset reception on Algorand is handled through explicit opt-in. That's only one of the many advantages of a Blockchain that's built from first principles. @carlosdomingo, @unchained_pod, @laurashin messinaone.gitbook.io/messin…
🔒 Following an unintended Tornado Cash dusting, @carlosdomingo proposes an #Ethereum upgrade for more controlled asset reception on @unchained_pod.
Spotify 🎧 open.spotify.com/episode/5Px…
Apple 🎧 podcasts.apple.com/us/podcas…
🔗 unchainedcrypto.com/podcast/…
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A $BTC Maxi wanted a rebuttal...
Which Maxi are you? Do the test at parkbenchadvice.com and tag your $BTC, $ETH, and $SOL Maxi friends with the results!
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Enterprise-grade staking is now available on #Algorand with @Kiln_finance. With $13B stake under management @Kiln_finance is the go-to solution for custodians, treasury managers, exchanges and wallets.
#Algorand's no-risk staking program combined with @Kiln_finance's expertise, is the best and most attractive enterprise staking solution on the market.
🌊 Riding the wave of the @AlgoFoundation's exciting announcement, we’re thrilled to share that Kiln now supports Algorand staking!
🌐 Stake your $ALGO with Kiln to enjoy a secure and user-friendly experience.
➡️ Reach out to start staking $ALGO with Kiln: share.hsforms.com/1DVXv3-tHQ…
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Algorand bootcamps are starting tomorrow. The first one has over 800 people signed up already. Don't miss out. It's not too late to join:👇
developer.algorand.org/bootc…
With #Python on Algorand, it has never been easier to start building. What will you build? #OnlyOnAlgorand
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I am predicting this will be a busy week full of announcements.
This week starts with announcing our partnership with @algorandFAME to transform the European agricultural sector. By using #EURD, FAME users will reduce the costs of payments to zero and achieve immediate settlement: quantozpay.com/fame-integrat…
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