Algorand mainnet performance to increase 5x after new upgrade

Proof of stake network Algorand (ALGO) has upgraded its network’s mainnet transaction capacity to 6,000 transactions per second (tps), according to a press release shared with CryptoSlate. The upgrade places the Layer 1 protocol as one of the fastest in crypto. Compared to it, Bitcoin (BTC) processes five tps, Ethereum (ETH) only processes about ten…