Algorand v5.0 protocol upgrade reaches 85% of required votes, nears passage with post-quantum accounts and resource-based fees
Algorand v5.0 is a protocol upgrade that introduces native post-quantum accounts, resource-based fees, and an improved Algorand Virtual Machine. The upgrade activates once 90% of block proposals approve it within a 10,000-round window.
As of August 15, the proposal had reached 85% approval, 5% short of the threshold needed to finalize.
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