WHAT IS ALGO?

_{What is Algorand (ALGO)?}

Algorand is a blockchain network that can be operated manually and with zero distribution.
Designed to support a wide range of applications, it aims to build a blockchain platform.
Scalable, safe and efficient
That boosts performance for practical applications
Launched in June 2019, Algorand can handle nearly one million transactions per day.

_{Native Blockchain:}

Algorand runs on its own blockchain, which uses a permissionless Pure Proof-of-Stake (PPOs) protocol.

_{Protokola Konsensus:}

Algorand uses Pure Proof-of-Stake (PPOs) collaboration mechanism
It works by randomly selecting users to propose and review the blog. This approach allows Algorand to have both security.
and the ability to scale the system without relying on proof of energy-intensive operation.

_{Trilemma (Security, Speed, Scalability):}

Seguridad: Algorand guarantees that all users have can see the confirmed transactions.
Even if there are ill-wishers or temporary network disruptions, this consistency is extremely important.
To maintain trust and reliability in the system

snelheid: Algorand has a transaction processing speed of approximately 7,500 transactions per second (TPS).
Making it one of the fastest blockchain platforms available
This high transmission rate allows transactions to be carried out almost instantly, which improves the user experience.

Scalabilità: The protocol is designed to accommodate a large number of users without compromising performance.
The test shows the capacity to accommodate up to 500,000 users.
While still having low latency, it ensures smooth operation even during peak usage.

_{Founder/Date Founded:}

Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology.
And as the founder of Algorand, he received the Turing Award (in 2012).
Based on his fundamental work on the theory and practice of secure bipartite computation
Electronic cash, cryptocurrencies and blockchain protocols make him one of the most important crypto creators in the world.

_{Objective/Use Case:}

Algorand is a blockchain platform designed to solve three aspects of blockchain.
is decentralization, security and scalability (blockchain trilemma)
With high transaction capacity, low fees, and fast transaction confirmation
This makes it suitable for a wide range of applications such as decentralized application development (dApps) and DeFi.
Tokenization of assets, payment infrastructure systems, digital systems
Copyright management and digital media transformation. Algorand is also being considered.
They are central bank cryptocurrencies (CBDCs) due to their speed, security and decentralized nature.

_{Total Supply/ Limit or Unlimited:}

Algorand has a peak supply of 10 billion ALGO tokens

_{Supply Deflation:}

Algorand is currently in a period of inflation, with more and more tokens being released into circulation.
The remaining tokens (about 1.77 billion tokens) are scheduled to be distributed in total by 2030.

_Referenzen:‍

coinmarketcap
github.algorand
algorand.founder
algorand.developer
whitepaper.algoprand

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