First, the adversary does not know which users he should corrupt. The users who are called to certify a new block are secretly and individually selected.

Second, when the adversary realises which users are selected, it is too late for him to benefit from attacking them. Those users have already fulfilled their responsibility in the consensus protocol. In the next round of block certification, a new set of users are chosen privately.

In each stage, random participants are selected privately using a verifiable random function. Since participants are selected privately, tertiary data, which Ps and Nodes to compromise by the time participants of each round are revealed the transaction completed as the network grows its challenging to get network attack. Algorand is getting popular in the supply chain, NFT and DeFi.

In Algorand, the power is in the hands of the users holding a stake. Every user receives an amount of rewards proportional to their stake for every block committed to the chain. We do so to encourage users to join the Algorand platform and accelerate our path to decentralisation.

Conclusion: Blockchains platforms are raising the bar in preserving data security and will continue to distinguish themselves as the leading solution in safeguarding sensitive information online. Users on a blockchain will reap the benefits of living a simpler and more secure digital life that reduces fraud and once again instils trust, transparency and traceability online. To sum up, the trust required between stakeholders to share information is enhanced by blockchain technology’s intrinsic security and privacy mechanisms. Blockchain technology hasn’t quite hit revolutionary appeal yet, but it seems poised to impact several sectors/areas over the next few years. In times ahead, both blockchain and cloud computing would play a vital role in changing enterprises’ work environments and how traditional computing works.

*Data democratisation means that everybody has access to data, and there are no gatekeepers that create a bottleneck at the gateway to the data.