Algorand passes largest upgrade since staking rewards, adds Falcon-1024 accounts

Algorand has approved its biggest upgrade since staking rewards, clearing the way for native Falcon-1024 accounts and a resource-based fee model once the cooldown period ends. The addition of Falcon-1024 accounts points to support for a post-quantum signature scheme, while the new fee structure shifts transaction costs toward the network resources an action consumes rather than relying on a simpler pricing approach. Together, the changes amount to a meaningful protocol update that affects both account security design and how activity is charged on the chain.

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