The Ethereum Merge

Aug 31, 2022

Read Our Comprehensive Overview of
One of the More Consequential Events in Crypto History

The Ethereum Merge

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EXECUTIVE SUMMARYAlgorand (ALGO 2.65% ) is a layer 1 blockchain that employs a unique consensus mechanism called Pure Proof of Stake (PPoS), which relies on random node selection to promote decentralization, security, and scalability. Algorand Foundation’s mission is to empower a dynamic, inclusive, and borderless global ecosystem based on the Algorand blockchain technology.Algorand Layer 1’s Algorand Virtual Machine (AVM) powers Algorand’s smart contracts and is similar to Ethereum's EVM. It can process...