Algorand France

🚨 The @SECGov cites $ALGO as a digital commodity in its crypto asset framework! $ALGO is NOT a security! MASSIVE signal! 🔥

Official link 👉 claim.folks.finance ❗️ Please be cautious of phishing links. Always verify that you are interacting with official Folks channels and sources.

Multisig accounts are coming to Algorand via @PeraAlgoWallet ⌛ Set up a wallet with up to 16 accounts, and then choose your threshold for decision-making.

Thanks for sharing @sol_nxxn, just added $ALGO! Only $85 for 1M transactions on Algorand… 🤯 This shows how ridiculously cheap Algorand is, with fees of just 0.001 $ALGO per txn, regardless of the type. Tbh fees should be increased 10x at the very least. It would still be very cheap and competitive even if price goes up, while keeping Algorand usable for micro-txns and generating more revenue for validators. $ALGO is a true marvel, whether for its UX or the many key native features built into it, and one of the very few L1s already integrating post-quantum security features! Keeping fees low is important, especially with the rise of agentic commerce, but a balance must be found so they're not unnecessarily low.

Account abstraction, now. On Algorand, logic-as-account-authorizer is a primitive account type (Logic Signature.) Among other things, it powers our PQ/FALCON accounts. Cross-chain account abstraction, soon. We are working on an EVM-to-AVM account abstraction system. This means that you'll be able to use your Metam*sk, Rainbow or any EVM wallet to interact with Algorand dApps natively. - SELF CUSTODIAL - your Algorand abstracted account is a piece of code that validates your EVM/ECDSA account signature. Only your private key can authorize transactions. - ISOLATED - what happens on Algorand, stays on Algorand. You approve Algorand transactions from your EVM wallet in an explicitly isolated Algorand domain (Structured Signing / EIP-712) . This ensures that there are no opportunities for inadvertent crossover - these signatures are useless on EVM else by design. - EASY TO INTEGRATE for Algo devs - we extended @txnlab/use-wallet to support Rainbowkit, bringing ~all EVM wallets to any Algorand dApp with a few lines of config. - NOT JUST A STANDARD we are throwing over the wall. We are aiming for a tailored onboarding experience, all the way to the UI/X layer. This is the vision: - Visit dApp - Connect any EVM wallet - No funds? Welcome! [Click here] to bridge funds in. Without ever leaving the dApp. - Minimize the bridge progress dialog and browse while you wait. It only takes 2 minutes to bridge from Base. Sneak peek coming this week. Pilot partner @AlphaArcade 🤝