ludo

✨Upload files and data on Algorand chain with ease 🙌Discover 'Blocknote': 📁 Documents, JSON, pictures, media ... anything 🚿 Handles data streaming for real-time iot devices 🥷 AES encryption if you need privacy 🤏 Compression to optimize the costs 🕸️ Public dApp: blocknote.space For the devs: 💕 The lib is open source: github.com/livaa/blocknote ⚙️ Install: npm install blocknote 📚 Doc: blocknote-js.gitbook.io 🧑‍🤝‍🧑 Currently working on an ARC to normalize on-chain storage __ Blocknote can be a game changer bringing significant value to the ecosystem. ➡️ What does it do ? It allows users and developers to upload files and arbitrary data directly on-chain in just 4 lines of code. The goal is simple: make on-chain storage straightforward, accessible, and developer-friendly. Everything is secure, permanent, and verifiable. By removing the technical complexity, Blocknote turns the blockchain into real infrastructure that can support serious, real-world projects. ➡️ Use cases The possibilities are broad, including: • On-chain identity • Medical records • Certifications and diplomas • Supply chain tracking • Research data and archives • NFTs and metadata • Proof of authorship • Accounting snapshots • And much more ... ➡️ File revisions Files can be updated by publishing new versions, while preserving the full history of previous versions. This ensures traceability and auditability without losing past data. ➡️ Compression & encryption The library automatically selects the most efficient compression method for the given content, reducing upload costs as much as possible. For privacy, content can be encrypted using either an AES key or a password before being written on-chain. ➡️ Data streaming Blocknote also supports real-time on-chain data streaming. IoT devices, logs, sensors, and other real-time data producers can continuously stream data to the blockchain and consumers can easily read and reconstruct those streams. ➡️ The benefits Adoption follows usability and Blocknote is designed to be extremely simple to integrate. By enabling on-chain storage and streaming, it can significantly increase transaction flow on Algorand, contributing to stronger network activity and long-term sustainability. ➡️ Feel free to reach me on X or discord: liva4268

@PintaricRobert @AlgoFoundation @PostFinance yeah, 10B.

@AlgoFoundation @PostFinance One thing I do not understand Is there a max supply #Algorand ?

Algorand is now available on @PostFinance, the first systemically important Swiss bank to offer direct crypto trading. 2.5 million customers can now buy $ALGO straight from their bank account. No exchange. No wallet setup. Just their bank.

@algoyeet @PeraAlgoWallet @AlgoFoundation @Algorand If you want to assure permanency, you should upload the NFTs onchain. I made an open source javascript library to upload/read files & data onchain: github.com/livaa/Blocknote

@milkshake_based @PeraAlgoWallet @AlgoFoundation @Algorand Thank you for the input. I’ll make the changes!

@oak1337 @HbarWhisky @frugalbc @HederaKimchi Algo BFT is more permissioneless than Hedera ABFT. BFT makes entry easier and more decentralized by participant diversity right now. While ABFT requires permissioned consensus nodes run by a council. Different architecture means different tradeoffs.

@milkshake_based @HbarWhisky @frugalbc @HederaKimchi Hedera's ABFT is far superior to Algo pBFT. Not even same league. Algo is not ABFT because they can't be ABFT. Everyone wishes they were ABFT. Hedera is only ABFT with COQ Proof. hedera.com/blog/coq-proof… Leaderless Fair Ordering means that MEV is impossible. He's right.

🚨 JUST USE HEDERA 🤬🤬 A recent Aave DeFi incident shows how fragile many on-chain systems still are. A user attempted to swap $50.4M of aEthUSDT but received only ~$36K (-99.9% 🤯) of aEthAAVE. Yes. $50.4M → $36K in a single transaction. What happened? • illiquid routing • mempool exposure • MEV bots • block-builder incentives Bots detected the pending transaction, front-ran the trade, then sandwiched it, extracting millions in profit. This isn’t just a user mistake. It’s a structural design problem. ⸻ ⚠️ Why This Happens on Most Chains Most blockchains rely on a public mempool + gas priority system. Which means: • transactions sit publicly before execution • bots scan the mempool for profitable trades • validators / block builders choose transaction order • higher gas fees buy priority This creates the perfect environment for MEV (Maximum Extractable Value) strategies like: • front-running • sandwich attacks • priority gas auctions The system literally rewards whoever manipulates ordering the fastest. ⸻ 🌐 Why Hedera Is Different Hedera uses the hashgraph consensus algorithm, fundamentally changing how transactions are ordered. Instead of block proposers and gas auctions, Hedera relies on fair ordering via consensus timestamps. ⸻ 🧠 1️⃣ Consensus Timestamp Ordering Transactions are ordered according to when the network receives them, determined through consensus. No miner. No validator choosing the order. No block-builder auction. Because ordering is based on network consensus timestamps, the ability to manipulate transaction placement is dramatically reduced. ⸻ 🔐 2️⃣ aBFT Security Hedera achieves Asynchronous Byzantine Fault Tolerance. This provides: • mathematically fair ordering • deterministic finality • resistance to validator manipulation • no block leader controlling execution This architecture removes the economic incentives that drive most MEV extraction. ⸻ ⚙️ 3️⃣ No Gas Auctions On many chains: Higher gas fee → higher priority On Hedera: Consensus timestamp → transaction order Because priority cannot be purchased with higher gas, the system avoids the priority fee wars that fuel MEV markets. ⸻ 💵 4️⃣ Predictable USD-Denominated Fees Since there is no gas bidding market, Hedera can maintain stable transaction pricing. Fees are set in USD values and automatically converted to HBAR. Typical costs: • token transfer ≈ $0.0001 • consensus message ≈ $0.0001 • smart contract operations with predictable tiers This level of fee predictability is extremely difficult on networks with dynamic gas auctions. ⸻ 🧠 The Real Lesson When a network allows: • public mempool exposure • validator-controlled ordering • gas bidding for priority MEV is not a bug. It becomes a built-in economic feature of the system. Hedera’s aBFT consensus and timestamp-based ordering significantly reduce these structural incentives, enabling fairer transaction sequencing and predictable fee economics. ⸻ 🚨 The Simple Answer Instead of designing around MEV defenses… JUST USE HEDERA.

You said frontrunning was not impossible on Algorand because it has a block and a leader. To manipulate that block-leader duo you would have to actualy fight the VRF by pushing the system in its BFT limitation, the 1/3 area. It is like if you were saying "To frontrun algorand is possible because BFT has its own limitation but Hedera is impossible because it uses aBFT which has no limitation" Algorand is fifo, to backrun is doingable by listening the gossip and forging a txn to profit from the after effect, but not frontrun.

@milkshake_based @frugalbc @HederaKimchi We are talking about distributed systems. All fail if one third, not one half, of nodes collude. Did l really need to say impossible "when functioning inside the normal assumption every distributed system is limited by"? Lol.

@HbarWhisky @frugalbc @HederaKimchi Can't MEV on Hedera because no single validator controls ordering thanks to aBFT.

@milkshake_based @frugalbc @HederaKimchi Byzantine agreement has nothing to do with MEV.

And you are just repeating what I said ... Hedera is backed by Byzantine. And no distributed system is 100% immune, so "impossible because of math"' as stated by @HbarWhisky is an overstatement. Even (a)BFT has its own mathematical limitation. Hedera use aBFT, Algorand uses BFT, both offer the same threshold of protection. Algorand skip full asynchronous BFT because the way it is designed. Where Hedera really makes a difference over Algorand is in its median timestamping feature.

@milkshake_based @HbarWhisky @frugalbc @HederaKimchi Hedera is ABFT. This is the highest mathematically possible security for a distributed system. "If half of all nodes colluded" on ANY network, they would fail. Take 5 minutes and learn from Dr. Leemon Baird what ABFT is... youtu.be/mm40Kkgzw-A?si…

@Doddler4X @cryptorover It is not an official list but a list of examples. Read the footnote 51.

@cryptorover I don’t see no Algorand on the official list

💥BREAKING: 🇺🇸 The SEC has officially classified 16 assets as digital commodities, rather than securities, in its new Crypto Asset Taxonomy. Assets Include: $XRP, $APT, $AVAX, $DOGE, $SOL, $ADA, $BCH, $ETH, $HBAR, $ALGO, $LTC, $DOT, $SHIB, $XLM, $XTZ and $LINK This is HUGE! 🚀

"impossible" is an overstatement. Both Algorand and Hedera use Byzantine which make them very efficient against MEV but Hedera has a stronger design partialy due to median timestamps. That said, no distributed system is 100% immune. If half of the Hederas nodes would collude, they could cheat. Currently half of the nodes is 16.

@milkshake_based @frugalbc @HederaKimchi Nope, its impossible because of the math. You can fork Hedera into an open access public node network and it will still be impossible.

@HbarWhisky @frugalbc @HederaKimchi It is impossible because Hedera is not decentralized. Everything hinges on trusting the 31 entities driving the network won't team up to screw with the median txns timestamps.

@frugalbc @HederaKimchi Algorand has a leader and a block, so they mitigate front running but its not impossible. Hedera has no leader and no batches of txns so it is impossible..

@frugalbc It is a bit less than 10k tps for "real transactions" (payment transactions)

A lot of people don’t know that Algorand has already hit 15K TPS blocks in real life. Not some bullshit test. But like real transactions. Ethereum is playing catchup.

@GONNALGO @tinymanorg @PeraAlgoWallet That is no good. I hope something is wrong with their frontend and not with the contract itself 🫤

@milkshake_based @tinymanorg @PeraAlgoWallet What about my $Algo vanished? 🤔

Hi @tinymanorg Is your recurring order down? Just spent 66 $Algo for recurring order but they looks like dissolved 🤔 Tx id C64N3QKDCWF4SQFGAPG344J6GEYFMAFZWMV5CA6JR4HIHTI66YLQ @PeraAlgoWallet 👀

@GONNALGO @tinymanorg @PeraAlgoWallet Yeah that may be the reason

@milkshake_based @tinymanorg @PeraAlgoWallet Maybe a flash dip and your order was sleeping

@NotaLlamaNFT @AlgoFoundation @marcvl 402 is really just a URL that requires payment to access: x402.goplausible.xyz/protected

Has anyone seen a demo of x402 on Algorand? I see a lot of talk, graphics and PowerPoints but no video of it in action. @AlgoFoundation @marcvl said they would get something to show us after the demo with Google but that never happened. I just expected to see a demo of it in play to promote it with its release. Feels like a missed opportunity.

I think claiming that the Algorand Foundation is defaming you when it isn't is kind of defamatory 😆 I don't know what happened, but personal attacks are never okay. Algorand maxis are very maxi, passionate people. You surely understand. .algo domains are bought by individuals not related in any way to the Algorand Foundation, which, to be honest, has taken a lot of distance from X. The community itself can be very aggressive toward the Foundation. That said, your communication is also kind of aggressive. You're the only one who understands quantum, while others don't. I understand very little about quantum myself, but what you're saying about Algorand is nothing new. At the moment, everyday accounts are not natively protected by Falcon yet, they still rely on conventional cryptography (Ed25519). Falcon signatures on Algorand are available but still experimental. And the fact that Falcon is prone to implementation errors is not a secret. In 2022, the NSA was already mentioning that exact point when they published their CNSA 2.0 FAQ:Q: Why did NSA choose ML-DSA over FN-DSA (aka Falcon)? A: For NSS, NSA agrees with NIST: ML-DSA is preferred, as FN-DSA seems more susceptible to implementation errors that may affect security. As NIST has prioritized standardizing ML-DSA, FN-DSA is not available yet, and NSA does not anticipate adding it to CNSA 2.0 when it is.(media.defense.gov/2022/Sep/07/20…) Note how the Algorand's father name is tied to the Leighton-Micali Signature (LMS) that appears in this paper as an approved hash-based. So maybe you should accept that the heads behind Algorand, the tech, know a bit about post-quantum cryptography and know how to implement Falcon the right way.

Recently, an organized group of X accounts from cryptocurrency project Algorand started trolling, personal attacking, and now defaming us as bot everywhere, including even 3rd party posts. The only reason is that we told the technical truth that they are not post quantum safe. As a Canada based financial firm, our comments are mainly technical and we focus on technical facts, not personal disputes. However, it doesn't mean that anyone can defame our company reputation just because they dont like our technical comments. From now on, we start to document all aggressive speeches from accounts related to Algorand community. We welcome helps of evidence collection from anyone. If you spotted any X account from Algorand community trying to defame us, please send us a screenshot. If evidences show a pattern that this is an organized defaming, we will prepare for a lawsuit against Algorand. Thank you.

402 is an HTTP status code, like 404 Not Found, 403 Forbidden, or 401 Unauthorized. The 402 code simply means "Payment Required", you must pay to access the page. There is a marketing race among chains to claim "we are the first to support 402", but in reality, it is just a standard that all payment channels are supposed to support: blockchains, Stripe, PayPal, proprietary online banking systems, and many others.

Algorand announced it has now fully integrated with the x402 standard. And some in the foundation made it sound like it was perhaps the only one that could. x.com/AlgoFoundation… But now Hedera says it has too, as you can see below. And here is a post from MultiverseX suggesting that x402 is live on the platform, and that it's the first to adopt Google's UCP standard. x.com/MultiversX/sta… So I'm really confused by what all this means. They're all worded slightly different with different attributes and in my opinion these organizations aren't really explaining things well. Which is generally a major problem in crypto. It's engineers writing for engineers and everyone else is left wondering. Apparently I need to deep dive into the x402 standard more so I can parse this better.

I took the very first block that came up on explorer.solana.com and sorted transactions by "Vote program transactions." 74% are votes: 770 transactions out of 1040. That leaves 270 legitimate transactions. How many of those 270 are failed transactions? Hard to say, since the failure rate can be extremely high during periods of heavy activity (around 75%) and much lower during periods of low activity (around 10%). MEV is where Solana gets most of its activity. MEV is not exactly a good thing, front-running trades is illegal in most jurisdictions. On Algorand, votes are not recorded in blocks as transactions. Transactions also cannot fail, because the node always ensures a transaction will succeed before adding it to the mempool. Also due to its FIFO nature, exchanges on Algorand can't be MEVed. I'm not familiar with Solana, I'm just trying to be factual. Feel free to tell me where I’m wrong.

@ToddAlgo @MrblueskyAlgo but you still didn’t name the chain though. I do my own due diligence,I know sometimes volume doesn’t really mean adoption and vice versa.

Wow, #Algorand had the third highest max TPS this last month! Even more TPS than #SOL! It might be time for you to re-evaluate $Algo.

@tinymanorg I had a trigger on usdc/gobtc at 65k, the price fell to 62,958, the trigger didn't triggered. I'm buying 350$ so I don't think this is because of liquidity, is it ?