Algorand is a decentralized network built to solve the blockchain trilemma of achieving speed, security, and decentralization simultaneously . Launched in June 2019 by computer scientist and MIT professor Silvio Micali, Algorand is a permissionless and open-source blockchain network upon which anyone can build.
Read moreIs Algorand a token or coin?
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 moreIs Algorand a DeFi coin?
It is one of the first DeFi products in the Algorand ecosystem . From January, users of Algofi will algorithmically earn ALGO rewards when they borrow and lend ALGO and the dollar-pegged stablecoins algostable (STBL) and USD coin (USDC).
Read moreIs Algorand a Altcoin?
New altcoins are becoming more attractive, and some of them, including Algorand (CCC:ALGO-USD) , boast incredible real-world utility.
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