This layer-1 blockchain has INSANE potential... (CRYPTO CROSS-CHAIN BRIDGE TECH!)

Hashoshi
169K subscribers

Hashoshi breaks down what you need to know about the latest upgrade to this underrated layer-1 blockchain: Algorand! With the introduction of a new mainnet upgrade, Algorand became more scalable and introduced a gamechanging new feature in Algorand State Proofs that could be a boon for cross-chain applications in the blockchain space.

Read more (users):
https://medium.com/algorand/cross-cha...
https://www.algorand.foundation/news/...
https://www.algorand.com/resources/bl...

Read more (developers):
https://developer.algorand.org/docs/g...
https://developer.algorand.org/docs/g...

⚠️ Important ⚠️ The opinions and information presented in this video are strictly my own, or those of the interviewee featured in the episode, and are not representative of any other individual or entity. The content provided in this video is informational in nature and does not constitute financial advice, advice of any other nature, nor a call to action to purchase cryptocurrency assets of any kind. It is the responsibility of the viewer to conduct independent research and due diligence before making any financial or investment decisions related to the subject matter published on this channel, whether sponsored or unsponsored. Sponsorships, which are clearly disclosed, are informational in nature and do not constitute a call to action to purchase cryptocurrency, nor a direct endorsement from Hashoshi. This channel does not offer the purchase or sale of securities.

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⏰ // Timestamps // ⏰
0:00 Intro
0:33 Algorand & The Blockchain Trilemma
1:48 Algorand’s HUGE mainnet upgrade
2:17 Algorand State Proofs (ALGO, cross chain)
4:39 Algorand State Proofs enables interoperability
5:46 What this means for users and developers
6:15 Other use cases for State Proofs
6:50 Quantum Safety
8:27 Don’t stop here, learn more about this!

🛑 // DISCLAIMERS & TRANSPARENCY // 🛑

🔺 This description box contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission.

The information in this video is an opinion and is for informational purposes only. It is not intended as investment advice, tax advice nor legal advice, nor does it represent any entity's opinion but my own. Seek a duly licensed professional for investment advice. No guarantees are being made, nor promises rendered of financial gain or other benefit in this highly speculative market.

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