Props Project, a decentralized network of apps including, is migrating from a private blockchain to Algorand (ALGO).
Props’ network of independent apps uses Props Token as a reward mechanism.
The company developed PropsChain, a private fork of Ethereum that currently handles 50,000 transactions an hour.
No need to sacrificeHowever, to achieve greater scalability and transparency, the company decided to move to Algorand’s public blockchain.
Algorand CEO Steven Kokinos told Cointelegraph that Algorand was unlike “first generation blockchains” in that it does not have to sacrifice scalability for security or decentralization:“Up until now, people would have to really deploy private Blockchain in order to get the scale and throughput if they had large user bases.

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