

WHAT IS ALGORAND (ALGO)?
Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable, and efficient, all critical properties for effective applications in the real world. Algorand uses a unique consensus algorithm to ensure full participation, protection, and speed within a truly decentralized network.
Launched in 2019 by cryptography pioneer Silvio Micali, Algorand aims to remove technical barriers that have undermined mainstream blockchain adoption: decentralization, scale, and security. ALGO is the native cryptocurrency of the Algorand network, used for transaction fees, network security through staking, and as a means of exchange.
$3
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