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Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana

Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana

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Source: Coin Telegraph

The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they’re too slow, too expensive or prone to failure.

The foundation behind layer-1 blockchain Algorand has attracted mixed feelings over a new ad that takes a big swipe at rival networks Bitcoin, Ethereum, and Solana — suggesting they are not suitable for payments. 

On May 23, the Algorand Foundation released a new advertisement on YouTube titled “When blockchains meet the real world, only one delivers.”

The ad features a supermarket checkout with shoppers attempting to pay in three different crypto assets, Bitcoin (BTC), Ether(ETH), and Solana (SOL).

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Author: Martin Young