Algorand upgrade introduces trustless cross-chain communication and 5x speed

Algorand (ALGO), a pure proof-of-stake (PoS) blockchain has tremendously improved its network performance and introduced more cross-chain functionality following a significant upgrade.

Timeline of Algorand

Algorand has announced a new upgrade that could boost its transactions per second (TPS) and cross-chain communication security via state proofs. The post Algorand upgrade could increase speed and cross-chain transaction capability appeared first on The Block.

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Proof of stake network Algorand (ALGO) has upgraded its network's mainnet transaction capacity to 6,000 transactions per second (tps), according to a press release shared with CryptoSlate. The post Algorand mainnet performance to increase 5x after new upgrade appeared first on CryptoSlate.

FIFA is set to launch FIFA+ Collect, a digital platform that enables all football fans to collect and own football-themed digital non-fungible tokens, later this month on the Algorand blockchain. FIFA+ Collect will be accessible through the FIFA+ web and mobile application, which already streams live football games, news, and event.

The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA's world cups, the organization promised.

The eyes of the football (or soccer depending on where you're from) world turn to Qatar for the 2022 World Cup later this year. The event will be played in November and December and will feature a new platform with NFTs related to the event held once every four years.

The global governing body for football, FIFA, is launching a non-fungible token platform on Algorand. The post FIFA Launches NFT Collection on Algorand (ALGO) appeared first on BeInCrypto.

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FIFA, the global governing body of soccer, is launching a new NFT collectibles platform with the highly anticipated World Cup just around the corner. The new platform will be launched on Algorand, continuing an existing partnership between the two parties.

The collection of notable soccer moments and imagery comes four months after FIFA's partnership with Algorand in May of this year. The post FIFA launches digital World Cup collectibles project on Algorand appeared first on The Block.