3 ms·

That’s because it doesn’t mean much of anything really. It’s jargon intended to appear meaningful.

• capableweb 5y ago
  Could you share what specific parts of that statement you don't understand? Here is a short glossary: - Pure Proof of Stake - https://www.algorand.com/technology/pure-proof-of-stake https://www.algorand.com/technology/pure-proof-of-stake - Blockchain - https://www.investopedia.com/terms/b/blockchain.asp https://www.investopedia.com/terms/b/blockchain.asp - Open, public network - "arbitrarily many users are allowed to join the system at any time, without any vetting or permission of any kind" - https://algorandcom.cdn.prismic.io/algorandcom%2Fece77f38-75b3-44de-bc7f-805f0e53a8d9_theoretical.pdf https://algorandcom.cdn.prismic.io/algorandcom%2Fece77f38-75... - Layer-1 https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain https://coinmarketcap.com/alexandria/glossary/layer-1-blockc... - Transaction finality - https://www.algorand.com/technology/immediate-transaction-finality https://www.algorand.com/technology/immediate-transaction-fi... - Co-chains - https://www.algorand.com/resources/blog/algorand-co-chains https://www.algorand.com/resources/blog/algorand-co-chains - Smart Contracts - https://developer.algorand.org/docs/get-details/dapps/smart-contracts/apps/ https://developer.algorand.org/docs/get-details/dapps/smart-... Sure, some words in that statement is "marketing jargon", but most of it is actually technical.