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 so special about Algorand?
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 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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