Algorand Cuts Block Time After New Upgrade
Algorand upgraded its protocol on Thursday to reduce block time, make application development on the network faster, and more cost-efficient.The proof-of-stake blockchain's upgrade will reduce block time to 3.3 seconds from 3.8 seconds, which is the “largest reduction of block time on a percentage basis,” Algorand Chief Product Officer Paul Riegle told CoinDesk.The upgrade comes…