Coming on the heels of the announcement of the first stablecoin to integrate with the Algorand blockchain, we are pleased to share yet another milestone in our vision of establishing the infrastructure needed for new decentralized assets and financial instruments. Algorand has become a member of the International Swaps and Derivatives Association (ISDA).

A primary focus for Algorand is expanding the breadth and depth of possible transaction classes through advanced financial instruments on the blockchain. …


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As we previously shared with our community, Algorand has been working with Flipside Crypto to make sure that developers are enabled with the right tools.

Decentralized applications (DApps) are considered one of the largest potential uses of blockchain technology, as they open a new world of opportunity to create new functionality never seen before. But little intelligence exists in this area, leaving developers lacking insight into what’s going in and out of their DApps. This makes it challenging to measure success and make enhancements.

Today, we are excited to share that DApp developers on Algorand will now have access to a free analytics suite that offers far more visibility into performance. …


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At Algorand, we have an intense focus on security and take every measure possible to ensure that our blockchain is secure. This includes extensive testing, code reviews, and open-sourcing of the code so that everyone can examine it for themselves.

Because code is only as secure as the protocol it implements, we have carefully analyzed and reasoned about the correctness of the Algorand protocol. But we also know that protocols for distributed systems are notoriously difficult to get right, especially protocols that run on unsecured systems and allow anyone to participate without requiring permission from any authority.

To achieve even greater assurance about the Algorand protocol, and to make future design and validation of new protocols easier, we have chosen to enhance our mathematical proofs on paper with machine-checkable formal verification approaches. For this purpose, we engaged , a company with deep verification expertise, to verify the correctness of the Algorand consensus protocol. We are pleased to report a major milestone in this effort: Using the Coq theorem prover, the team has developed a precise mathematical model of the protocol and formally verified its safety guarantee (that the blockchain never forks). They have written a describing this effort with links to the repository containing the model and the proof. We want to thank Grigore Rosu, Musab A. Alturki, Brandon Moore, Karl Palmskog, and Lucas Pena for their great effort and achievement. …


Now that Algorand’s MainNet has launched — What’s Next?

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Yesterday, the Algorand Foundation held its inaugural Algo auction, marking the official launch of Algorand MainNet. The inaugural Algo auction was met with overwhelming demand and distributed the first 25 million Algos to global auction participants, marking the start of the borderless economy.

The launch of MainNet and the successful first auction usher in a new era of global economics. …


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Algorand is delivering a scalable, secure and decentralized blockchain to enable our developer community to thrive and realize new opportunities. As part of that mission, we believe that making our code open source is critical to the success of the project. Over the past year, we have open sourced several of our projects including our implementation of a and all of our .

Today we’re excited to announce another significant milestone: the Algorand node repository has been open sourced and is now publicly available. Developers can access the Go-Algorand repository right now at:

Today’s announcement includes several other important news items for developers, including analytics tools for applications, details on our bug bounty program, and more. Here’s everything you need to know. …


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Industry Segment: Business Intelligence

The Company

Flipside Crypto is a market intelligence firm providing fundamental data on all major cryptocurrencies. Based in Boston, the company produces and distributes FCAS — a single, consistently comparable value for measuring cryptocurrency project health. FCAS is developed through a proprietary combination of factors representing customer activity and developer behavior for cryptocurrency projects.

The Challenge

Decentralized applications (DApps) are considered one of the largest potential uses of blockchain technology, as they open a new world of consumer- and business-focused products that utilize smart contracts to create new functionality never seen before. Today, there are over 1,500 live DApps across gaming, gambling, finance, social, and many more categories — with an increasing number launching every day. But little intelligence exists to support these DApps. …


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Industry Segment: Enterprise Software

The Company

Syncsort is the global leader in Big Iron to Big Data software. For decades, the company has organized data everywhere to keep the world working — the same data that today powers machine learning, artificial intelligence, and predictive analytics. With over 7,000 customers, including 84 of the Fortune 100, Syncsort helps organizations quickly extract value from their critical data anytime, anywhere. Their products provide a simple way to optimize, integrate, and advance data, helping to solve for the present and prepare for the future. …


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Industry Segment: Media and Entertainment Technology

The Company

OTOY Inc. is the definitive cloud graphics company, pioneering technology that is redefining content creation and delivery for media and entertainment organizations around the world. OTOY’s Academy Award-winning technology is used by leading visual effects studios, artists, animators, designers, architects, and engineers, providing unprecedented creative freedom, new levels of realism, and new economics in content creation and distribution powered by the cloud.

The Challenge

The visual world is evolving at breakneck speed. The demands on authoring and publishing state-of-the-art computer-generated imagery (CGI) are growing at an exponential rate. Films, TV, and games are increasingly built from complex GPU-based computer graphics, while sectors from industrial design to medical research are beginning to rely on high end visualization throughout their workflows. Across the industry we are also seeing order of magnitude increases in resolution, frame rate, and overall digital display surface area in the next 5 years. …


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The effort to date on the Algorand platform has been focused on creating a borderless economy that fundamentally transforms the underlying technology of our global financial systems. is an exciting validation of the platform’s potential and success to date. This milestone gives us the opportunity to reflect and share our progress with the Algorand community, and build on our momentum as we build a borderless economy where everyone has the opportunity to build prosperity.

Our TestNet, which has been open for several months, has demonstrated the platform’s ability to solve the blockchain trilemma by delivering the scalability, decentralization, and security needed to support billions of users and transactions. …


Algorand’s core technology is a visionary approach to blockchain and has been rigorously peer-reviewed and published as academic papers — view them and . A of our core technology is also available.

While there are a number of resources available, we recognize that sometimes the pace of innovation in blockchain often outpaces the pace of understanding when it comes to the technical specifics of any given project. To further help our community understand how Algorand’s blockchain works, we have composed a short list of Q&As for questions that interested readers may encounter while learning about Algorand.

As we are committed to continuously develop and deploy our , we shall continue to address questions about our technology. Be sure to follow our official channels: , , , and . …

About

Algorand

A scalable, secure and decentralized digital currency and transactions platform.

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