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Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.
Algorand aims to solve some of the technical barriers of existing blockchain infrastructure. In particular, the project seeks to improve decentralization, scalability and security. Launched in June 2019, Algorand provides a foundation for existing businesses and new projects to operate globally in the emerging decentralized economy. Algorand's permissionless, pure proof-of-stake protocol supports the scale, open participation, and transaction finality required to build scalable blockchain projects.
Proof-of-stake is a type of consensus algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Please note that although this is a feature of ALGO, proof-of-stake/staking and voting are not currently supported on Coinbase.
GSR traded more than $1 billion in bespoke options last year. And it is now looking to expand its footprint. The post After $1 billion year, GSR looks to expand footprint in bespoke crypto options appeared first on The Block.
The firms aim to build technology that "appeals to traditional institutions, payment providers [and] governments."
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