Part 2/8:
Algorand, introduced by cryptographic expert Silvio Micali, is designed as a permissionless, decentralized, and quantum secure layer one blockchain. This innovative platform isn't just theoretical; it has already been adopted by startups, enterprises, and individual developers worldwide for various applications, including real-world asset (RWA) tokenization.
Key Features of Algorand
From its inception, Algorand has demonstrated unparalleled characteristics. It boasts instant finality, high throughput, and low transaction fees—with costs per transaction amounting to mere fractions of a cent. Such features make it an appealing option for users and developers seeking a reliable and cost-effective blockchain solution.