5 Highlights From ‘Stablecoins Are Killing It’ #23 — Featuring Algorand
We had a great show featuring David Markley, Director of Business Solutions at Algorand. You can watch the show in it’s entirety below:
Or you can read our five highlights :
1. Algorand Set Out To Solve The Blockchain Trilemma
Silvio Micalia is an MIT professor best known as a co-inventor of Zero-Knowledge Proofs, for which he won the 2012 Turing Award (aka the “Nobel Prize in Computing”).
In 2017, Silvio set about creating a new consensus algorithm that would solve the “blockchain trilemma”, which Vitalik coined to refer to the need to make tradeoffs between scalability, security and decentralization:
Two years later, on June 11, 2019, the first block on the Algorand blockchain was mined.