Algorand (ALGO)

€ 0,29972

1D 1W 1M 1Y ALL
  • Advanced
    • About
    • Details

    Buy Algorand (ALGO)

    Algorand is an open-source software company based in Boston with the mission to create a borderless economy. Algorand developed a permissionless and pure Proof-of-Stake (PoS) protocol with open participation, scalability, security and transaction finality. Algorand aims to solve the three main problems faced by blockchains today, also known as the blockchain trilemma: security, scalability, and decentralization. Algorand has some key advantages: Low computation requirements, the entire community agrees on the next block and confirms transactions with latency on the order of a minute while scaling to many users, token holders can delegate their tokens if they wish to participate in the consensus, low fork probability, the network is not controlled by a few miners since proposers are randomly selected and community token holders can propose changes to the protocols.

    Fundamentals

    Founder Silvio Micali
    Founded 2018
    Website Site

    Metrics

    Rank 42
    Market Cap 169.55 M
    Trading volume 78.99 M
    Circulating 563.79 M
    Fundraising 60 M

    Social

    Facebook Site
    Twitter Site
    Linkedin Site
    Github Site
    Youtube Site
    Medium Site