Algorand’s “Layer-1 policy” can surpass state-of-the-art Blockchain solutions
Most state-of-the-art Blockchain solutions are composed by a first layer, implementing basic payment functions, and a second layer for running smart-contracts. But this two-layered approach carries problems as well as solutions. Algorand's decision of implementing a rich set of services at Layer-1 avoids the complexities, expense, and security risks of a two-layer architecture.