Is official Algorand wallet safe?

The Algorand Wallet is the fast, simple, secure, and official way to transact on the Algorand Blockchain . Created and maintained by the same team that actively maintains the Algorand protocol, the Algorand Wallet will always be the first to give you the latest and greatest Algorand features.

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Why is Algorand a good investment?

Algorand Competition One fundamental point is the advantages offered by the PPoS consensus mechanism, namely security and decentralization . Since transaction validators are chosen at random from all holders of ALGO, it is very unlikely that hackers can pinpoint who to attack beforehand.7 Mar 2022

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What is so good about Algorand?

Algorand is a unique blockchain because of its environmentally friendly consensus mechanism , and because the blockchain is fully decentralized, there’s no single point of authority that can influence the network. Hundreds of organizations are currently building on Algorand.1 Oca 2022

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