Crypto Borderless capital planned to invest on the algorand project

Lens1000

VIP Contributor
Borderless capital is planning to put money into the algorand blockchain. The algorand blockchain-based decentralized venture is set to receive
$500 million from borderless capital for the project.

Agorand is termed "the next generation of decentralized applications" (Dapps), and I hope it would meet up with the ethereum blockchain technology. According to the developers, algorand is expected to surpass the ethereum because it was designed to address the setbacks in the ethereum blockchain.

Algorand is a blockchain invented by computer scientist Silvio Micali in 2019. The Algorand is known as an ethereum competitor. It's also a public ledger designed to improve speed, security, and stability. The project is a close rivalry of the ethereum and it would also be the base of the decentralized applications (Dapps). It would allow developers to create their gaming platforms and Tokens.

What would you say to this? Do you think that algorand will compete favorably with ethereum?
 
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