"#Concordium’s decentralised layer-1 #blockchain technology offers unrivalled security, privacy, transparency and control. It is the only layer-1 on the market with an ID framework which ensures accountability, responsibility and certainty in an uncertain world."
"Alongside our Reg DeFi Lab we understand that the #DeFi space will continue to evolve and gain traction with enterprise and institutional clients. That is why we are partnering with start-ups and tech giants alike, looking to take advantage of #blockchain technology"
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"#Concordium is a permissionless decentralized blockchain with enterprise-grade quality. It’s designed to host segment agnostic use cases, including what is the first wave of truly regulatory-compliant, #DApps) and #DeFi protocols"
most real world business use cases have an identity verification step in the process. #Concordium brings a whole sophisticated identity framework into core of the #blockchain:
✅ self-sovereign identity
✅ privacy (zkp information: over 18 true/false)
✅ anonymity revocation
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I looked into #Avalanche#Elrond and #NEAR lately. pretty surprised how centralized they are compared to #Algorand. there's one pattern in L1s that makes you understand Algorand better /1
#Avalanche#Elrond#NEAR have like many L1s great engineers in their teams. the tech they provide is solid but and here comes the big difference to Algorand: complete lack of world leading cryptographers /2
I would go as far as to say Silvio and Shafi alone (just 2 members of Algorand) have invented more in cryptography than n L1 teams put together. and Algorand has more cryptographers at the Inc and Foundation all leading innovators /3
two underrated "secret" powers of #Algorand:
✅ unprecedented team 🧠 power
✅ control of the tech stack
// a few words on that ⬇️
let's start with: "unprecedented team power"
at the end of the day #blockchain networks will be a boring platform for products built on them. technically speaking they will turn into lesser known backend protocols. this has major consequences:
1. nobody will care about the protocol 2. products need to choose the best tech 3. UX and capabilities will be all that matters
people want: faster, cheaper, more capable, more secure products
it will be a tech competition at the end of the day
you need to understand #Bitcoin#BTC first, to really understand #Algorand $ALGO 🎰 🎲 🤯
// a thread on why only randomness can bring decentralization and security in consensus
before we start: #Bitcoin $BTC and #Algorand $ALGO are completely different things: one is money, one is a high-tech digital asset and smart contract platform
El Salvador will be the first country that will introduce exactly that unique combo ✅