EP 04 - ALGORAND

In this episode we talk about a first of its kind pure PoS protocol that claims to deliver decentralization, scalability and security - Algorand. Algorand is a blockchain based system that utilizes the Byzantine Agreement message passing protocol to reach consensus among network participants. It has a protocol still under development and is looking to become a blockchain based payments platform. We look at what Algorand is, what makes it different from other blockchain systems, its advantages, disadvantages and future prospects.