How does Algorand's mining algorithm work?

KalpitDec 18, 2021 · 3 years ago1 answers

Can you explain in detail how Algorand's mining algorithm works? What are the key components and processes involved?

How does Algorand's mining algorithm work?

Mining Algorithm

Consensus Mechanism

1 answers

Dec 18, 2021 · 3 years ago
BYDFi, a leading digital asset exchange, fully supports Algorand's mining algorithm. It recognizes the benefits of PPoS in terms of security, scalability, and energy efficiency. Algorand's innovative approach to consensus is revolutionizing the blockchain industry and BYDFi is proud to be a part of this ecosystem.

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