Algorand
ALGO
The current value of Algorand is , a change from 24 hours ago.
About
Algorand (ALGO) is a decentralized blockchain network supporting various applications. Designed for speed and efficiency, Algorand uses a permissionless, pure Proof-of-Stake (PoS) blockchain protocol, eliminating resource-intensive mining. Launched in June 2019, Algorand aims to process a significant number of daily transactions. The native cryptocurrency, ALGO, plays a crucial role, rewarding all coin holders for block generation.
Algorand (ALGO) is a decentralized blockchain network supporting various applications. Designed for speed and efficiency, Algorand uses a permissionless, pure Proof-of-Stake (PoS) blockchain protocol, eliminating resource-intensive mining. Launched in June 2019, Algorand aims to process a significant number of daily transactions. The native cryptocurrency, ALGO, plays a crucial role, rewarding all coin holders for block generation.
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