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This scenario is known as probabilistic finality. 🧵 4/11 |
Another way to look at it: on most other blockchains, if someone makes a payment to you, even if it appears in the latest block added to the chain, you still can’t immediately consider yourself paid. https://t.co/3PaEkFWdwI 🧵 3/11 |
When many blocks have been processed, the likelihood of the txn being on an orphaned chain is practically zero. |
These so-called “Short Forks” are an unwelcome source of uncertainty and delay when you are moving around assets of value (like a rent check!). 🧵 2/11 |
First: let’s illustrate what happens when a chain doesn’t have instant finality. |
In many blockchains, forking–or splitting the chain–is a possibility, meaning that txns can’t be considered final until a certain amount of blocks are processed. https://t.co/KUCNtkkj8C 🧵 1/11 |
Can you imagine sending a transaction (txn) and seeing it being rolled back some time later? |
This type of failed txn is normal for many blockchains, but not at @algorand - because we have instant finality. |
*But what exactly does instant finality mean*? |
Follow the 🧵⬇️ https://t.co/d14zkLaR40 Did you catch @StaciW_DC on The Wolf Of All Streets with @scottmelker @CaitlinLong_ and @SimonDixonTwitt yesterday? Watch the replay 👇 |
https://t.co/s9tQ8gqOE4 Calling all the $ALGO fam node runners! ⬇️ The best #developer experience is coming to the best #blockchain! |
@JohnAlanWoods and @loedn_ joined the community for an AMA on AlgoKit and shared a lot of 🔥 info. |
Head out NOW to ⬇️ |
https://t.co/kBNmyhNSFU |
#AlgoFam #Algorand https://t.co/29jtiYLMoT We are very excited to see @C3protocol bring a much needed solution to the #blockchain space, leveraging @algorand's tech that meets the tooling and performance requirements to power the settlement layer of such an innovative solution! Don't miss the final race of the 2022-23 DRL @Algorand World Championship on 2/25 at loanDepot park in Miami. |
The first 100 people to sign up will receive a free ticket! |
https://t.co/FYGSNelyD3 |
#AlgoFam #Algorand $ALGO fam, we had an EPIC AMA (Ask me Anything) about @algorand's tech with: |
✔️ @Paulriegle, CPO (Inc) |
✔️ @GaryMalouf, Head of Engineering (Inc) |
✔️ @Jannotti, Head of Applied Research (Inc) |
✔️ @JohnAlanWoods, CTO (AF) |
SO MUCH 🔥 info, check it out now at https://t.co/G42jTsGiCF https://t.co/eDSTniJi14 Building on the momentum from Decipher '22, Algorand's presence in the UAE is growing! Alongside @Binance and @Polygon, we signed an MOU yesterday with @hub71ad in Abu Dhabi. We continue expansion in the fastest-growing #Web3 markets. https://t.co/yYQqBkfKHF @milesdeutscher Happy to be leading innovation in the fastest-growing #web3 markets with strategic partners such as @hub71ad! Not pitching? We also invite those who wish to get started/dive deeper into building on #blockchain through hands-on workshops + in-person access to Algorand’s expert devrel team. Spots are limited so register now: https://t.co/WB2PnQGm8E https://t.co/xrcr9rbKDc Pitch your ideas to the judges + stand a chance to WIN prizes. Don't miss out on this incredible opportunity to network + take your #startup/project to the next level. Apply here: https://t.co/s3pz6HLS4T https://t.co/0D2PsfqFjp Algorand is returning to Hyderabad from March 24-26 to host a curated #developerexperience + #pitchcompetition. We have something to offer developers + non-technical founders. Learn more in the thread below or follow the URL to register: https://t.co/V88qBHVlaj #algofam #web3 https://t.co/u6Fl3UeXa9 Amazing news for @RandGallery and a big thank you to @TommasoAE and @JoshLmao for all their time spent on NFTx & Algorand https://t.co/TkQyy5vGKk Thank you @GBBCouncil for featuring our recent partnership with @THubHyd! |
We are just getting started in India ❤️ WE ARE LIVE! |
Join the $ALGO fam and the @VenueMarkets team for a #reddit AMA right now! |
➡️ https://t.co/LIQQRoRO8T Web3 has the power to bring artists & fans closer together than ever before. |
Keep an eye on @Napster, a pioneer in this revolution (along with other Algorand-based music protocols like @Dequency_io, @anotemusic, and more) |
Find out more ⬇️ |
https://t.co/8tRg0tdXJn |
#AlgoFam Exciting news in the world of art and technology! |
@LACMA has acquired an edition of the #ECHOES NFT, which is minted on #Algorand. This acquisition demonstrates the growing importance of blockchain technology in the art world. |
Congrats to @EPOCH_gallery on this collaboration! 🧵7/ |
https://t.co/7YjEFBbsyR 🧵6/ |
Join @Ozery and @joana_scl for an All Hands with the NFT Community for announcements, updates and discussions! |
➡️ https://t.co/7YjEFBbsyR https://t.co/UOuM3H0bHt $ALGO fam, the @VenueMarkets will join us in a few hours for this AMA on Reddit about their decentralized prediction protocol. |
But you can head out to #reddit RIGHT NOW and start sending your questions! |
➡️ https://t.co/LIQQRoSlYr Last Chance to catch @mattkeller1 & @fredestante as they chat with @cashdillo & @Origino_io, two of the startups currently being accelerated by @algorandeurope, that are bringing inclusion and #supplychain solutions to #Africa and #LatAm, on @algorand! |
https://t.co/obNdKYOBIH We hope you find someone who loves you as much as @JohnAlanWoods loves #developer experience! https://t.co/yLSWXVHKce We hope you find someone who loves you as much as @silviomicali loves #cryptography! https://t.co/b44FNpIYze CEO @StaciW_DC discusses the rumors the U.S. Securities & Exchange Commission would like to ban retail investors from engaging in cryptocurrency staking & what this could mean. |
Plus, the latest on our partnerships in India for Web3 growth💚 |
https://t.co/FZ1c7kuaLJ |
#AlgoFam #Algo Head of #Web3 @Ozery shared the vision of where Web3 is headed on the @algorand blockchain! |
If this doesn't get you excited for 2023 🤯 |
#AlgoFam #NFTs #Algorand https://t.co/BTs0Ne7U6t Take part in this exclusive event and hear from some of the sector's most influential voices: |
Wednesday, February 15 |
11:00-14:00 GST | 07:00-10:00 GMT | 02:00-05:00 EST |
with @JohnAlanWoods Presentation @ 12:40 GST |
https://t.co/kPCMVc2bNG |
#AlgoFam Join us for an exclusive virtual event launching @hub71ad Digital Assets, Hub71's specialist ecosystem focused on unleashing the disruptive potential of Web3 & the growth of Digital Assets, with a presentation from @JohnAlanWoods and a Q&A 🔥 🧵5/ |
Weekly @algorand news in Portuguese with @fredestante and @mayrasiqueira ! 💚🇧🇷🇵🇹 |
https://t.co/kjNJ8hQy3v 🧵4/ |
Weekly @algorand news with @nonfungibleab and @ryanRfox! 💚 |
https://t.co/zq7PMcFhkf 🧵3/ |
@Pigi_Pal, our King of Gaming, will host the monthly Algorand Gaming Ecosystem All Hands! |
Join in to hear all the latest news about the gaming projects on @algorand, and of course, ask your questions! |
➡️https://t.co/TkQyy5vGKk 🧵2/ |
Join @VenueMarkets for a #reddit AMA to ask all about their decentralized prediction market that's LIVE on @algorand! |
➡️ https://t.co/0VGkeKRMTA https://t.co/pHruxAnUgg 🧵1/ |
WEEKLY AMA SCHEDULE! |
✅ @VenueMarkets, decentralized prediction market |
✅ Gaming Ecosystem All Hands |
Follow the thread ⬇️ https://t.co/IEuCvlU0TO Tokenizing real world assets and bringing blockchain capabilities to financial and non-financial institutions is what @koibanx is all about! |
@leoelduayen, co-founder and CEO, shared a bit about the amazing work his team is doing in Latin America and Nigeria ⬇️ |
#AlgoFam #Algo https://t.co/7BpYFIwgGl Join CEO @StaciW_DC live with coin desk |
https://t.co/RgXthIrr9p |
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