Article: Algorand Enhances TEAL Smart Contract Language in Latest Upgrade

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Algorand Enhances TEAL Smart Contract Language in Latest Upgrade

Algorand, a leading blockchain technology company accelerating the convergence of decentralized and traditional finance, continues to deliver on its commitment to technical innovation with the availability of its latest upgrade to its Layer-1 Smart Contracts language (TEAL), the first in a series of such enhancements.

Smart Contracts on Algorand are built into Layer-1 and thus benefit from the network’s speed, security, and scalability with reduced settlement risk through trustless execution, low transaction fees, and flexible implementations needed to power complex applications.

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