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 coin or a token?
Introducing the Algo – possibly one of the most important, native tokens ( coins ) in the world of cryptocurrencies today. The Algo is the native token of the Algorand blockchain . As such, the Algo has all the key features of the Algorand blockchain itself.
Read moreWhat projects are on Algorand?
5 exciting projects using the Algorand blockchain
Read moreWhat runs on Algorand?
AVM runs on every node in the Algorand blockchain and contains a stack engine that executes smart contracts and smart signatures, enabling developers to easily take advantage of powerful functionality by writing smart contracts in either Python or Reach, a simple javascript-like language.
Read moreWhat’s so special about Algorand?
“Algorand is fast, low cost, decentralized, carbon negative, and has advanced smart contract capabilities . Algorand can process thousands of transactions per second with instant finality and with transaction fees of fractions of a penny.16 Oca 2022
Read moreIs algo a coin or token?
Introducing the Algo – possibly one of the most important, native tokens ( coins ) in the world of cryptocurrencies today. The Algo is the native token of the Algorand blockchain. As such, the Algo has all the key features of the Algorand blockchain itself.
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 .
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