Algorand is an open-source, decentralized blockchain network that leverages a two-tiered structure and a unique variation of the Proof-of-Stake (PoS) consensus mechanism to increase transaction speeds and achieve finality.
Read moreHow do you earn Algorand?
The Algorand rewards are earned by everyone holding at least one Algo proportionally to their holding of Algos . Every address that holds 1 Algo or more in a non-custodial wallet is eligible to earn rewards.
Read moreWhat is the purpose of Algorand?
Algorand (ALGO) is a blockchain platform and cryptocurrency designed to function like a major payments processor. ALGO, the native coin of the Algorand platform, is used to secure the platform and reward the platform’s operators .
Read moreWhy is Algorand the best?
Algorand is a good investment in 2022, due to its superior technology, a large ecosystem of partners and wast number of use cases . However, it’s not better than Bitcoin or Ethereum. Therefore, cryptocurrency investors should consider investing their capital in Ethereum or Bitcoin before investing in Algorand.
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