Our great sponsors
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WorkOS
The modern identity platform for B2B SaaS. The APIs are flexible and easy-to-use, supporting authentication, user identity, and complex enterprise features like SSO and SCIM provisioning.
Yes Algorand is patented, but they state in their open-source repository that "anyone using our code under the MIT, AGPL or a commercial license from us has a patent license" (https://github.com/algorand/go-algorand/blob/master/COPYING_FAQ).
Lastly, Algorand IS fast: 6k TPS with 3.7s blocks, soon 10k TPS with 2.5s, and in a not-too-distant future 46k TPS, all of which with instant finality. Algorand IS cheap, and actually exactly as cheap as Solana now ($0.00025/txn: https://solana.com/ & https://metrics.algorand.org/#/protocol/), but with the added benefit that all transactions (whether they're NFTs, non-native assets, or using smart-contracts) are handled the same by the protocol, so same speed and same fees as regular payments. Lastly, Algorand IS clean: it's so clean in fact that it's almost carbon-neutral on a regular basis, but really it's carbon negative because fees are automatically used to offset the remaining carbon emissions with ClimateTrade (see this report, even though it doesn’t take into account recent upgrades in scalability and not comparing smart-contract transactions, so Algorand would be first on top in reality: https://arxiv-export1.library.cornell.edu/pdf/2109.03667).