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Algorand Foundation CEO William Herkelrath publishes strategy interview with All-In

Covered by 4 sources

Algorand Foundation CEO William Herkelrath published a video interview with the All-In podcast, covering the network's strategy and future direction. The conversation addressed blockchain, AI, quantum computing, the Algorand ecosystem, and sustainability. Herkelrath stated that all blockchains should become quantum resistant by the end of this decade, and that Algorand can help with that transition.

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Protocol Release
Algorand v5.0.0 goes live on mainnet, bringing Falcon-1024 post-quantum accounts and a 500,000-transaction start

Falcon signatures and native post-quantum accounts are now live on Algorand mainnet. Google and Coinbase have noted this work. These features make Algorand's cryptographic layer resistant to quantum computing attacks.

Covered by 9 sources

RWA Protocol
VersaBank confirms Algorand as a settlement network for its Digital Meteor tokenized deposit product

VersaBank's latest SEC filing confirms that its Regulated Bank Tokenized Deposits (RBTDs), branded Digital Meteor, are recorded on Algorand alongside Ethereum and Stellar. Each RBTD represents a CAD$1 or US$1 demand deposit liability of VersaBank or VersaBank USA respectively, issued through the DRTC-provided VersaVault system and settled on public distributed ledgers.

Covered by 4 sources

Other Governance
Algorand appoints William Herkelrath as CEO and adds him and Alexander Fowler to the board

William Herkelrath has joined the Algorand Board of Directors as new CEO, and Alexander Fowler, Chief Strategy Officer at Nexus Laboratories, has also joined. They serve alongside existing board members Bill Barhydt and Alex Holmes.

Covered by 3 sources