ALGO Algorand

Available information shows that Helium developers considered other blockchains like Polkadot, Ethereum, Polygon, Avalanche, and Algorand before settling for Solana.

The upgrade increased Algorand’s protocol performance from 1,200 transactions per second (tps) to 6,000 tps.

John Woods, CTO at the Algorand Foundation, said Falcon signatures will roll out across several applications starting with "State Proofs."

This funding deal is under Algorand’s impact category, which picked out FlexID as a catalyst for global financial inclusion.

The project seeks to enable the international commercialization of all IP forms created and registered within Nigeria.