Algorand founder Silvio Micali wants to usher in the democratization of finance

2022.04.15 02:36

Algorand founder Silvio Micali wants to usher in the democratization of finance

Cointelegraph’s Joseph Hall sat down with Silvio Micali, founder of Algorand, as part of its on-the-ground coverage of Paris Blockchain Week Summit. Algorand is a blockchain that uses a pure proof-of-stake (PPoS) protocol, and the company was one of the main sponsors of the summit.

Micali started by explaining that the blockchain trilemma — which claims that no blockchain can be both secure, scalable and decentralized — is false. He affirmed that Algorand is actively working to solve this so-called trilemma by pushing the limits of scalability via its PPoS algorithm.

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