Metrics provide end-to-end monitoring and operational intelligence for the Algorand Blockchain
The Metrika platform equips Algorand and builders within its ecosystem with unmatched monitoring tools to ensure network security and resilience.
CAMBRIDGE, Mass., July 12, 2022 / PRNewswire / – Metrics, the leader in operational intelligence for blockchain networks, today announced a Community Infrastructure Agreement that gives members of the Algorand ecosystem open and public access to use Metrika’s industry-leading platform to monitor, analyze performance and receive free real-time alerts for the Algorand network. This integration will set a higher standard for blockchain performance and reliability and redefine the standard for resilience, performance and operational excellence through Metrika’s advanced capabilities.
Algorand is a leading high-performance blockchain that accelerates the convergence between decentralized and traditional economic models. Currently, more than 2,000 global organizations leverage Algorand, including Circle, Drone Racing League, Limewire, PlanetWatch and many others, to support huge transaction volumes while maintaining the highest levels of performance. The Algorand blockchain was launched on Mainnet in 2019 and has achieved a rare achievement in the blockchain world: zero downtime in the network.
“As one of the most prominent layer 1 blockchains, Algorand is known for its high speed, low latency, fast finality and its 100% uptime since launch. Metric’s network monitoring and alerting features have been incredibly useful in the ongoing quest to maintain it 100%. “Metrica’s tools now available to the entire Algorand ecosystem are a clear victory, providing deep operational intelligence and community confidence in any service or product built on Algorand,” he said. Paul RiegleChief Product Officer at Algorand.
This new offering enables everyone in Algorand’s thriving ecosystem to use Metrics for end-to-end visibility of the blockchain network’s operational health along with insight via community alerts and dashboards.
“As blockchain networks grow, they become more decentralized. This introduces significant challenges for the community in maintaining the network’s health and maintaining trust,” said Nikos Andrikogiannopoulos, Metrika’s CEO. “We are delighted that Algorand is leveraging the Metrika platform to monitor and help manage the performance of its entire network. With this enhanced integration, Algorand can continue to focus on building the best possible technology and continue to drive the deployment of its network.”
Metrics was founded in Cambridge, Massachusetts, of a deep commitment to making blockchain networks reliable when scaling for web3. Metrika currently works with leading blockchain ecosystems and industry groups such as Algorand, Algorand Foundation, Dapper Labs, Flow Foundation, Hedera Hashgraph, HBAR Foundation, Axelar, IDB Lab, LACChain, Blockdaemon, Hyperledger Besu, ConsenSys, ConsenSys Quorum, Blockchain Association, Blockchain Næringsråd more.
For more information about Metrika’s operational platform and the additional customized offers, please visit www.metrika.co or check out the entire networking platform experience at app.metrika.co.
About Metrics
Metrika offers the industry’s only operational intelligence platform for blockchain networks and applications, including cryptocurrency and gaming applications, where continuous optimal performance is paramount. Using the Metrika Insights platform, blockchain communities, node operators and applications gain the visibility, action insight and tools needed to maintain the performance of the overall network and ensure continuous trust as it becomes more decentralized and distributed. For more information, visit us at www.metrika.co or follow us on LinkedIn.
About Algorand
Algorand is transforming economic models and economies of all kinds. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand’s high – performance Layer-1 blockchain is unmatched in bringing fast, friction – free and inclusive technologies to everyone. Algorand is transforming all industries – from TradFi and DeFi to new creative economies and more. With an extraordinary commitment to interoperability and consistent delivery, our sustainable technology provides more participation, transparency and efficiency for all. As the preferred technology for 2000+ global organizations, the Algorand ecosystem transforms the next generation of financial products, protocols, and value exchanges. For more information, visit www.algorand.com. Algorand builds the technology to drive Future of Finance (FutureFi), the convergence of traditional and decentralized models into a unified system that is inclusive, frictionless and secure. Founded by Turing Award-winning cryptographer Silvio Micali, Algorand developed a blockchain infrastructure that offers interoperability and capacity to handle the volume of transactions needed for defi, financial institutions and governments to move smoothly to FutureFi. The preferred technology for more than 500 global organizations, Algorand, enables easy creation of next-generation financial products, protocols, and value exchanges. For more information, visit www.algorand.com.
Media contact:
Spencer MacDonald
M Group Strategic Communications (on behalf of Metrika)
[email protected]
315,312,6883
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