The test network for the Algorand blockchain platform – co-founded by MIT professor Silvio Micali – has been opened to the public.
Algorand, the blockchain protocol founded by MIT professor and Turing Award winner Silvio Micali, has raised $62 million in new funding.
The developers of the Algorand blockchain protocol have raised $4 million in seed funding from VC firms Pillar and Union Square Ventures.
At a Malta event, Vitalik Buterin, the creator of ethereum, argued further for the role incentives play in securing blockchains.
Should incentives in blockchain systems be a last resort? The developer of the Algorand proof-of-stake system thinks so, but other experts disagree.
Turing Award winner Silvio Micali is working on a new consensus algorithm, one he argues could help massively scale blockchains.