Algorand officially unveiled a suite of new features to its pure-proof-of-stake network at the end of November, dubbed Algorand 2.0. The latest suite of technical innovation by the emerging “frictionless finance” network, the upgrade encompasses the official commissioning of smart contracts on the network, along with the Algorand Standard Assets, or ASA, and atomic transfers.
Algorand started off with a bang through its $60 million initial coin offering, which led into its vaunted technology upgrade — Algorand 2.0.