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JohnnyVee

12/28/22 5:24 AM

#286 RE: Sesh #283

Remember though Algorand is an actual Level 1 Blockchain like BTC.
Its flying under radar .
This week for example it hit 14000 TPS with still zero downtime.
Mastercard processes 5000 TPS peak.
Visa claims it can handle 24000 TPS but doesn't come near that in reality.
Algorand isnt tied to Tradfi anymore than BTC is. ALL assets to some degree are tied to some Stable currencies.
And Algorand is bridged via State Proofs to BTC , ETH, LTC etc...
Its push into Web3 is largely about cross chain interoperability.
Its the fact that you can move decentralized at lightning speed with security .