Dec 07, 2020
By: Silvio Micali
Algorand is growing. Today, an average of 500,000 transactions per day are posted on our chain. More than 500 companies are busy developing applications on Algorand, taking advantage of our unique layer-1 smart contracts and the other functionalities that enrich our platform. Their applications will soon generate plenty of new transactions.
This is why, while continuing to add new functionalities to Algorand, we are improving our performance, without sacrificing decentralization, as follows.
OUR PERFORMANCE MEASURES
OUR 2021 PERFORMANCE
OUR PRINCIPLED EVOLUTION
Algorand’s overarching goal is providing a truly decentralized, public, permissionless network that scales perfectly and eliminates the performance drawbacks of first-generation blockchains. Decentralization and security are fundamental principles in Algorand. They will be respected by this performance improvement and all future enrichments of our platform.