• Transaction rate (TPS) and FTPS (Finalized TPS)
• Resources for DeFi
• FutureFi future of Finance

Algorand (ALGO) recently celebrated its second anniversary. Silvio Micali expressed that he was excited for what is yet to come. The community as a whole has forwarded the continued development and innovation.  They have been doing a lot to help it since its launch.

As they are working their way towards their 3^rd year, Algorand claimed to state that the DeFi has been disrupting the financial landscape and opening opportunities for expanding access and making financial applications more accessible and inclusive.

Algorand Community Enthusiast stated:  Everybody goes on about decentralization, scalability, security, etc. These are arguable, usually with a lot of hand waving because they are a matter of degree and somewhat subjective. Very few, however, mention instant finality, which is an objective metric.

Finality as a concept sits quietly on the periphery of the non-cryptographer’s awareness. Instant finality of transactions is binary, you have it, or you don’t. Algorand has it, and I think they should make much more of this to bring it to people’s attention.

Algorand, do consider showing not only your ‘transaction rate’ (TPS) but also your FTPS (Finalized TPS). Then show the ratio, which should be 1. Next, use this ratio to highlight and compare Algorand’s ‘finalized’ throughput to that of other blockchains (a few that also have instant finality and many of the better-known ones that do not.)

Current comparisons do not do Algorand justice because they don’t use a joint base. They are like apples to oranges, or even apples to shoes. Apples to apples are badly needed.

For clarity, Algorand, using their unique Layer-1 standards approach to smart contracts and interoperability frameworks, Algorand is making it possible for DeFi organizations to leverage the core principles and value of decentralized technology and to define the future of finance further.

The resources for DeFi are The NFTs – the new creator economy, the future of payments, and the stable coin use cases. Algorand is defining the standard for the most advanced blockchain technology to make FutureFi possible while focusing on interoperability in private and public models contributing to performance and scale.

Futurefi is the future of finance.  Algorand facilitates the technology, which accelerates the convergence of traditional finance and decentralized finance. They make it easy to develop next-generation financial products and protocols, making the exchange of value easy.

If you want to be a part of the mission, you can create and deploy tokens, NFTs, Stablecoins, Securities, and Currencies.  It is a cost-effective and straightforward payment infrastructure while creating new financial tools, protocols, and services.