Algorand Quotes (@algorandquotes) 's Twitter Profile
Algorand Quotes

@algorandquotes

Important quotes from @algorand and @algofoundation team members about the #algorand #blockchain technology.

ID: 1566520092346798080

linkhttp://www.algorand.com calendar_today04-09-2022 20:14:40

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Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"On-chain randomness is a highly sought-after feature for dApp developers. It enables use cases such as lotteries, fair selections, and more" - Rotem Hemo medium.com/algorand/inter…

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"#Algorand State Proofs reduce the distance between blockchains, offering cross-chain bridges a safer alternative to vulnerable 3rd party validator networks." medium.com/algorand/cross…

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"The Algorand CBDC solution is based on an open-source distributed ledger infrastructure, which strongly supports and facilitates the development of decentralized applications (DApps) on the #blockchain." info.algorand.com/cbdc-algorand-…

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"To scale the consensus, #Algorand uses a novel mechanism based on Verifiable Random Functions that allows users to privately check whether they are selected to participate in the #Byzantine agreement to agree on the next set of transactions" - Silvio Micali

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"The flexibility of Algorand’s #blockchain and its broad array of functionalities allows us to design a novel wholesale CBDC model which can coexist with, and not necessarily replace, any legacy RTGS system as well" info.algorand.com/cbdc-algorand-…

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"I look forward to deploying more and more privacy on the Algorand #blockchain, but I will not rush until people understand and are behind what we have right now." - Silvio Micali with Lex Fridman youtu.be/zNdhgOk4-fE

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"State Proofs are lightweight, cryptographically provable, portable proofs of Algorand state that let dApps on other blockchains trustlessly verify #Algorand transactions" - Rotem Hemo medium.com/algorand/inter…

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"One notable property of Algorand is that its transaction history may fork only with very small probability (e.g. one in a trillion, that is, or even 10^18)" - Silvio Micali at algorandcom.cdn.prismic.io/algorandcom%2F…

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"In #Bitcoin each block must satisfy a special property, that is, must “contain a solution of a crypto puzzle”, which makes block generation computationally intensive and forks both inevitable and not rare." - Silvio Micali

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"Algorand may be extended to 'detect and punish' malicious users, but this is not required to prevent forks or double spending." - Silvio Micali at algorandcom.cdn.prismic.io/algorandcom%2F…

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"Algorand’s approach provides less technical complexity, greater security, and fewer exploitable points between the applications and the platform, solving some of the most difficult real-world challenges." info.algorand.com/cbdc-algorand-…

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"In Algorand’s BA protocol, users do not keep any private state except for their private keys, which allows #Algorand to replace participants immediately after they send a message. This mitigates targeted attacks on chosen participants after their identity is revealed."

Algorand Quotes (@algorandquotes) 's Twitter Profile Photo

"In #Bitcoin each block must satisfy a special property, that is, must “contain a solution of a crypto puzzle”, which makes block generation computationally intensive and forks both inevitable and not rare." - Silvio Micali