Algorand Quotes

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

[Algorand Quotes @AlgorandQuotes]

"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." - @silviomicali

[Algorand Quotes @AlgorandQuotes]

"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]

“@Algorand’s smart contracts are non-traditional, efficient, secure, and are implemented both at layer 1 and at layer 2.” - @silviomicali

[Algorand Quotes @AlgorandQuotes]

On @algorand energy efficiency, by @cusma_b https://t.co/JzuPDNJJKe

[Algorand Quotes @AlgorandQuotes]

"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." https://t.co/A1TFNtGtkn

[Algorand Quotes @AlgorandQuotes]

"@Algorand may be extended to 'detect and punish' malicious users, but this is not required to prevent forks or double spending." - @silviomicali at https://t.co/Cz3ha5G0rD

[Algorand Quotes @AlgorandQuotes]

"I always thought of #blockchain as a theoretical promise until I came across @algorand" - @staciw_dc https://t.co/jmfenzP2v3

[Algorand Quotes @AlgorandQuotes]

"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." - @silviomicali

[Algorand Quotes @AlgorandQuotes]

"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)" - @silviomicali at https://t.co/nLkS5z07Ge

[Algorand Quotes @AlgorandQuotes]

"@Algorand grows the #blockchain in asynchronous rounds, similar to #Bitcoin." - @silviomicali at https://t.co/Cz3ha5G0rD

[Algorand Quotes @AlgorandQuotes]

"State Proofs are lightweight, cryptographically provable, portable proofs of @Algorand state that let dApps on other blockchains trustlessly verify #Algorand transactions" - @rotem_hemo https://t.co/4e9WiayGQg

[Algorand Quotes @AlgorandQuotes]

"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." - @silviomicali with @lexfridman https://t.co/TELaGrWMUK

[Algorand Quotes @AlgorandQuotes]

"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" https://t.co/A1TFNtGtkn

[Algorand Quotes @AlgorandQuotes]

"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" - @silviomicali

[Algorand Quotes @AlgorandQuotes]

“Leadership ought to be Lead, Ignite and Disappear. If you don’t disappear the system is going to die with you.” - @silviomicali

[Algorand Quotes @AlgorandQuotes]

“May the @simonsinstitute be honored so long as making science and lovingly handing it down to future generations remain honored values” - @silviomicali https://t.co/JAGowYraVe

[Algorand Quotes @AlgorandQuotes]

"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." https://t.co/A1TFNtGtkn

[Algorand Quotes @AlgorandQuotes]

"#Algorand State Proofs reduce the distance between blockchains, offering cross-chain bridges a safer alternative to vulnerable 3rd party validator networks." https://t.co/TllaN10IoS

[Algorand Quotes @AlgorandQuotes]

"Life is about intelligent adaptation." - @silviomicali with @lexfridman https://t.co/TELaGrWMUK

[Algorand Quotes @AlgorandQuotes]

"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 https://t.co/4e9WiayGQg