FinancialFox

Solving the Blockchain Trilemma with Algorand Foundation


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In this #FinancialFox episode, Steffy speaks with John Woods, Chief Technology Officer at Algorand Foundation. Founded by Turing Award–winning cryptographer Silvio Micali, Algorand’s high–performing Layer-1 blockchain is unparalleled for bringing fast, frictionless, and inclusive technologies to everyone. 

Here they discuss the Blockchain Trilemma - Selecting Trade Offs between Scalability, Security and Decentralisation; Distinction between Cardano and Algorand's Proof-of-stake model; Why Algorand considers the element of sustainability and is called the Green Blockchain; Main use case of Algorand and the multi chain future.

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