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Cryptopolitan 2024-01-18 10:49:44

Algorand blockchain implements Dynamic Lambda update, reducing block creation times

Algorand, a layer-1 blockchain network, has successfully deployed its Dynamic Lambda update, substantially reducing block creation times. The update, which offers enhanced throughput and network performance, has cut average block times by approximately 20%, bringing them below the three-second mark. This development positions Algorand as a strong competitor in the blockchain space, offering faster confirmations

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