[vagab0nd]

In the context of the tweet, it's not like we have a better alternative for "global scale DeFi" and not using it.

Looking at the top L1s, you either have centralized chain and thus no integrity (e.g. Solana), or chains that are cheap now just because of lower usage and lower token price (e.g. Fantom).

[_xrp0]

Algorand is promising and can scale.

And also, decentralization is not achieved by technology. It's achieved by adoption.

You're never gonna find a new chain with strong decentralization. You have the wrong premise. Strong decentralization is the goal of DLTs, and we should select DLTs that have the best conditions to get us to that point.

It helps if the backing organization has integrity, which the Algorand foundation has shown many times.

[vagab0nd]

I'm not familiar with Algorand. Has it had any event that's similar in scale to what's mentioned in the tweet?

Every chain can scale until it can't. And then it's either high gas fees or centralization. If you solved this problem, adoption would not be your concern. But that's a tall order.

[_xrp0]

Algorand can process 40k TPS, with transaction finality below 4 seconds - all without forking under the consensus assumptions.

This capacity is more than enough to power the entire world's financial infrastructure. They are also working on state proofs and side chains, making it suitable for CBDCs.

> If you solved this problem, adoption would not be your concern

I disagree. Because for decentralized projects, adoption and success go hand in hand. It's a chicken and egg problem.

And even if the tech is superior, it doesn't influence decision making of normal people. They are influenced by tons of misinformation from grifters, scammers and even mainstream media.

In this space, solving the problem is not enough. We need to educate people as well, which is arguably the biggest challenge of modern society.

[aaaaaaaaata]

> Algorand can process 40k TPS, with transaction finality below 4 seconds

But how many has it done?