Algorand is a blockchain platform designed to function as a major payments processor. Algorand blockchain uses a permissionless consensus mechanism called pure proof of stake. In proof-of-work (PoW) blockchains, the root block must be validated by ra...Morendomly-selected validators. However, in the pure proof-of-stake approach, all validators are known to one another and only have to agree on the next block to create a new block. ALGO is the native cryptocurrency of Algorand that is used to secure the platform and reward the contributors.
A quick snapshot of Algorand ROI (return on investment) over different time periods.
A successful project is based on a foundation of a well experienced team. Take a closer look into Algorand's team.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
We have not found any community for this project on social media platforms. Projects with no community will have a difficult time to become successful. If you think this is wrong please report to firstname.lastname@example.org.
Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
A project backed by well-known investors is a strong signal for success. Take a closer look into Algorand's investors.
Project announcements and news have a significant impact on the price. Below are live updates from Algorand's Twitter and Reddit accounts.
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