Eugene Luzgin
1 min readMar 1, 2020

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Daniel, look into Algorand protocol: https://www.algorand.com/
The technology came from MIT — they may have solved trilemma as defined by Vitalik B.: You can only have 2 qualities in Blockchain out of three: decentralization, secure or fast. EOS has always been critiqued for trading decentralization in favor of fast operations.
Algorand claims to solve all three and solve the issue of BP corruption as well:
Instead of 21 Block producers deciding fate of the network and signing blocks in round robin fashion — you have 1000 validation nodes selected randomly at each round from the network of nodes. Blocks are pushed as fast as network allows without any microforks.
Read the Algorand whitepaper — and I think you will learn a lot personally.
Algorand have been in Mainnet for several month now and is very fast. And while their smart contract layer is something to get used to as a programmer -the protocol layer is very impressive achievement.

I agree we should not be tribal, innovation is happening at a very rapid race and if we are not learning from our competitors — we are destined to go a way of Lycos and Nokia.

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Eugene Luzgin
Eugene Luzgin

Written by Eugene Luzgin

Software technology leader and problem solver with diverse track record in software industry roles ranging from individual contributor to a startup founder.

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