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@AlgoDaddyBlog
Providing educational articles & trusted news about #Algorand and its ecosystem ad 2021. Tens of thousands of readers every month. Stay educated on $ALGO 🌍📚
















Disclosure Tales 02: Downward Facing DAOs I discovered and disclosed a vulnerability in the @wats_updog and @algorandfame FAME DAO contracts. Then I hacked them. This story is not boring. 🧵 #DownwardFacingDAOs d13.co/posts/disclosu…


Many chain fell down and experienced a spike in transaction fee due to the #inscriptions. How about #Algorand? As far as I know, generally @Algorand supports tokenizing any kind of asset whether it is fungible or non-fungible without writing any smart contract code and it is supported in the protocol. The primary method a developer or Algorand user can use to build and deploy represented assets is by using the ASAs feature. ASAs can represent any kind of aseet, but it's distinct from some other #blockchains where a smart contract is necessary to represent an assets. These assets require no smart contract code. NFT for an exampele, on #Algorand #NFTs are created using Algorand Standard Assets (ASAs), which are built into the protocol and created using a special type of transaction not using a special smart contract. But of course, Algorand also supports layer 1 smart contracts that can be used to create various types of applications and can be integrated with or extend fungible or non-fungible tokens. So, If I don't misunderstand about the #inscriptions, then the Algorand Standard Assets (ASAs) been doing what the inscription aims to be. Lastly, Algorand does not have an on/off button. It operates 24/7 with zero down time since its launch on mainnet. developer.algorand.org/docs/get-detai…





This Monday we'll release a developer preview of Python on Algorand. It's taken over a year to build, with a multidisciplinary team of god-tier engineers - I'm proud of their work. Python's simplicity brings inclusivity and drastically lowers engineering costs. Now anyone can build apps on Algorand using one of the most popular and powerful languages on Earth. On a personal note, I think this is a watershed moment for Algorand. It was always great tech, now it's accessible. Enjoy the preview, Production public release in February 2024 as part of AlgoKit 2.0.