Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts
Log In
Found the internet!
Algorand
Posts
Communities

Posts about Algorand

Subreddit Icon
r/algorand
76.5k members
The community controlled subreddit for the carbon-negative Algorand blockchain and cryptocurrency.
Visit
Subreddit Icon
r/AlgorandOfficial
70.8k members
Official community for Algorand - World’s first open source, permissionless, pure proof-of-stake blockchain protocol designed for the future of finance. Founded by Turing Award-winning cryptographer Silvio Micali. Algorand runs on a highly energy-efficient network and is carbon neutral.
Visit
Subreddit Icon
r/CryptoCurrency
6.1m members
The leading community for cryptocurrency news, discussion, and analysis.
Visit
Subreddit Icon
r/AlgoNFTMarketplace
13.3k members
This space is meant to discuss and learn about NFTs on Algorand! All deals are made at your own risk. No warranties or guarantees are made by Reddit or the moderators of this subreddit. Perform your own due diligence prior to making a trade. We recommend going through one of the marketplaces to help ensure a safe transaction. If you have a smooth transaction with someone PLEASE VOUCH FOR THEM in our Vouch Thread. Please have fun and be respectful!
Visit
Subreddit Icon
r/algorandASA
27.4k members
Welcome to r/algorandASA (Algorand Standard Assets). This sub is for the discussion and announcements of new ASA's. Many of these asset are purchasable via https://app.tinyman.org/ 'Airdrop' & 'Announcement' posts must include a link to the asset on Algoexplorer.io in the post for transparency
Visit
Subreddit Icon
r/yieldly
12.6k members
Launched in June 2021, Yieldly is the first DeFi platform on the Algorand Blockchain. Website: https://yieldly.finance/ https://t.me/yieldly https://twitter.com/YieldlyFinance
Visit
Subreddit Icon
r/GreeneryCommunity
632 members
Welcome to the Greenery. We are a community of researchers and investors on a mission to establish an innovative marketing brand and help promote the Algorand Ecosystem. We conduct AMA with project owners, as well as interactive education sessions (Greenery Hour) daily on Telegram group Voice Chat.
Visit
Subreddit Icon
r/AkitaInuASA
11.5k members
ALGO's best friend 💎🐶 Akita Inu (AKTA) - The Ultimate Community Coin on Algorand ASA ID# 523683256 Akita Kennel Club (AKC) - A stunning collection of 1,000 unique NFTs
Visit
Subreddit Icon
r/WeAlgoTogether
2.3k members
This village has been created on fundamental good values to build momentum; increasing awareness of Algorand. We will hodl together... Algorand price is unimportant, here the focus is on wholesome values, building a helpful ethical community; as we will be governors of the future... Algonauts unite!
Visit
Subreddit Icon
r/Tinyman
6.4k members
Tinyman is a next-generation Decentralized AMM protocol on the Algorand blockchain. https://app.tinyman.org
Visit
Subreddit Icon
r/algorandcasino
2.0k members
Bringing classic casino gaming to the Algorand ecosystem! Stake your Chips to become the house or provide liquidity to our chip/algo pool on Tinyman and recieve an automatic faucet drop! Find out about our verified asset, Chips (asa id:388592191) Links to our website/socials in the sidebar and top menu!
Visit
Subreddit Icon
r/algofi
4.0k members
DeFi that scales. Built on Algorand. YC S21. Earn interest, borrow, and trade your crypto.
Visit
Subreddit Icon
r/cosmicchamps
929 members
Cosmic Champs is building the first 3d P2E NFT mobile game on the Algorand blockchain
Visit
Subreddit Icon
r/PeraWallet
1.6k members
Official community for Pera Wallet: The best wallet on Algorand.
Visit
Subreddit Icon
r/Algogems
1.9k members
Algogems is a Community-driven & next-gen NFT platform offering a seamless NFT experience and FREE NFT minting! Algogems offers public and encrypted NFT services, including minting, buying, selling, and auctioning. Very low fees & fast interactions, on the Algorand blockchain. GEMS is the native token of the platform, used to govern the platform and rewards its most active users and content creators!
Visit
Subreddit Icon
r/algodads
885 members
The AlgoDaddy Subreddit. Enjoy educational guides, news, and memes. Moreover, it's a place for algodads and algomoms to chill. Head over to AlgoDaddy.org for more Algorand News & Guides.
Visit
Subreddit Icon
r/LoftyAI
2.6k members
Lofty is a tokenized real estate platform on the Algorand blockchain.
Visit
Subreddit Icon
r/Algonauts
25.4k members
A hub for Algonauts to discuss, trade and collect NFTs and ASAs
Visit
Subreddit Icon
r/ExodusWallet
28.4k members
Welcome to r/ExodusWallet! This is the sub dedicated to the discussion of the Exodus cryptocurrency wallet. For official wallet support, please email support@exodus.com. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Remember: Exodus will NEVER ask you for your 12-word phrase, keys, or identifying information. Exodus will NEVER send you to another website to do any kind of updates except for our official website at www.exodus.com.
Visit
Subreddit Icon
r/ethtrader
2.3m members
Welcome to /r/EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology.
Visit
Subreddit Icon
r/NFTsMarketplace
276k members
A place where you can buy, sell, promote, and learn more about NFTs! Share your work, tell your story, but most importantly, interact with others, it's the only way to find people that truly connect with your work.
Visit
Subreddit Icon
r/HEADLINECrypto
3.4k members
HEADLINE Crypto is a Texas-based blockchain project and token from the team behind AlgoPay, AlgoCloud, Vaults Protocol, FORUM, PIPELINE-UI, and Algo Astros.
Visit
Subreddit Icon
r/CryptoCurrencies
378k members
We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more!
Visit
Subreddit Icon
r/CryptoMarkets
1.4m members
Crypto Market Analysis & Discussion. Demand and price, technical analysis, fundamentals, Bitcoin, Ethereum, token, volume, oscillator, RSI, stochastic, trend, trends, sentiment, strategy, coin, coinmarketcap, coingecko, messari, altcoin, blockchain.
Visit
Subreddit Icon
r/CoinBase
226k members
Welcome to r/Coinbase!
Visit
Subreddit Icon
r/kittencoin_ASA
13.5k members
KittenCoin ($KTNC ASA: 361671874) https://www.kittencoin-asa.net/
Visit
Subreddit Icon
r/cardano
692k members
Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.
Visit
Subreddit Icon
r/ledgerwallet
99.9k members
Discussions about Ledger's products. Visit us @ ledger.com
Visit
Subreddit Icon
r/TacoToken
4.1k members
The official subreddit for TacoCoin token ASA: 329110405 https://www.dorastacos.com
Visit
Subreddit Icon
r/Hedera
29.6k members
Hedera is a decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm. It is governed by a diverse, decentralized council of leading enterprises, universities, and web3 projects from around the world.
Visit
145
Subreddit Icon
Posted by7 days ago

Last week on February 20th it was reported that over 13 million ALGOs were stolen from different users, it appears that all of these users were using a My Algorand browser based wallet. MyAlgo tweeted this morning recommending that all users move assets off any Mnemonic wallet stored on MyAlgo site.

If you have a hardware wallet linked to MyAlgo your crypto should be fine since your seed phrase was never on their website.

It also appears that Pera wallets are not affected buy hardware wallet would be best.


https://i.redd.it/g58sa1hlyqka1.png

John Woods the CTO of the Algorand foundation made a statement that the hack was not a problem with Algorand itself.


https://i.redd.it/5e0nffxmyqka1.png

Multiple users have lost millions of ALGOs in this hack


https://i.redd.it/52xbxbnoyqka1.png

Gard protocol a DeFi platform on Algorand was also affected by the recent hack, no users funds were taken but it appears a portion of their operating funds were.


https://i.redd.it/p1kgve2qyqka1.png

Things to do

145
138 comments
647
Subreddit Icon
Posted by2 months ago

I think we can all agree that tps numbers can be hard to compare between chains. Some chains can pin 10000s of native token transfers, but things get weird when you start to compare smart contracts.

Last year, I posted about this metric in the Algorand subreddits for determining throughput of different blockchains in the fairest way possible. That is using an AMM “uniswap-style” swap as the benchmark.

The authors of the medium article linked in my original post tested the smart contract throughput of some of the top smart contract platforms empirically, and they found that these chains to have the following AMM-swap tps limits:

  • Solana Mainnet Orca - 273 swaps

  • BSC pancakeswap - 195 swaps

  • Polygon quickswap - 95 swaps

  • Avax Trader Joe - 176 swaps

  • Celo Ubeswap - 50 swaps

  • Ethereum uniswap v2 - 18 swaps

Immediately after the 6k tps upgrade, I made a post about Algorand's ability to perform these AMM-style swaps which was estimated using the assumption that an AMM swap would require four txns per swap. This estimation came out to about 1625 swaps per second. At the time this was very impressive because the next fastest chain was Solana capped at being able to do 273 swaps per second.

People foreshadowed in the comments on one of my previous posts saying that it could definitely be done in less than four transactions, but I wanted to be conservative at the time.

Today, I saw on twitter that one of the developers from Vestige actually empirically tested this on the MAINNET and proved that Algorand can do 2881 AMM-style swaps per second. You can see the on-chain evidence in this block.

Algorand literally dwarfs these other chains in smart contract efficiency
  • 10.5x more than Solana Mainnet Orca - 273 swaps

  • 15x more than BSC pancakeswap - 195 swaps

  • 30x more than Polygon quickswap - 95 swaps

  • 16x more than Avax Trader Joe - 176 swaps

  • 57x more than Celo Ubeswap - 50 swaps

  • 160x more than Ethereum uniswap v2 - 18 swaps

  • 3.5x more than all of them combined - 807 swaps

If anybody can do this experiment for other popular Layer 1s like Tezos, NEAR, or Elrond or the Layer 2s on ETH, I would love to include them here.

Please be respectful in the comments :)

647
661 comments
137
Subreddit Icon
Posted by13 days ago
Post image
137
47 comments
101
101
29 comments
136
136
88 comments
42
42
33 comments
121
Subreddit Icon
Crossposted by16 days ago
121
40 comments
36
Subreddit Icon
Posted by7 days ago
36
39 comments