July 20, 2026

Algorand mainnet

Algorand mainnet

The primary production network of a blockchain where transactions carry real economic value.


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Slashing

A punitive mechanism in proof-of-stake blockchains that destroys a portion of a validator’s staked cryptocurrency for misbehavior.

Layer 2 (L2)

A secondary framework built on top of an existing blockchain to improve scalability and transaction throughput.

Composability

The ability of DeFi protocols and smart contracts to interact with and build upon each other like building blocks.