CDK Token

As you should know, CDK Token will be built on Algorand Blockchain, so you will need to use an Algorand wallet to make transactions with CDK before it gets listed on a Centralised EXchange.We are going to show you how to create an Algorand Wallet.<react-video url="https://www.youtube.com/watch?v&#61;LLEla9EKRLw"></react-video>Algorand Blockchain, a new comer among the big onesAlgorand is a blockchain created by Silvio Micali in 2017 to resolve 3 main problems of the crypto world such as : assembly decentralization, security and to be able to manage more and more transactions.According to the creator of Ethereum, Vitalik Buterin, only 2 of these problems are solvable, the Algorand foundation thinks that they can all be solved and therefore shares its own solution:Algorand uses a protocol called PPoS ( pure proof-of-stake ): users are randomly and anonymously chosen to propose new blocks* and participate in the vote. Anyone can be chosen to propose and vote. The influence of the proposals and votes is linked to the number of tokens the user has, the number of tokens also having an importance on the percentage of chance to be drawn.This participation protocol ensures protection and speed, the fact that everyone can participate in the protocol without needing to keep a certain number of tokens (like PoS) allows to diversify and decentralize the generation process further.PPoS is a more decentralized protocol than Proof Of Stake.You can find the WhitePaper of Algorand <a href="https://www.allcryptowhitepapers.com/algorand-whitepaper/" rel="noopener noreferrer nofollow">here </a>Today it’s one of the most used blockchains like Ethereum, Binance, Cardano or AVAX.*Block: A block is a unit containing informations about the transaction executed immediately after the previous block, with the addition of a transaction that allocates new coins to the creator of the block. These blocks form a chain from the first to the last.<h2 id="header-0">Why did CDK choose the Algorand blockchain?</h2>We needed to find a blockchain that would meet our needs such as:<ul><li>A fast blockchain (less than 4.3 seconds for a block)</li><li>Low cost ($0.001ALGO per transaction)</li><li>A large number of transactions per second</li></ul>Since Algorand is a blockchain that meets our specific needs, we built our token on this technology.As we detailed in our white paper <a href="https://cdktoken.io/wp-content/uploads/CDK-Whitepaper.pdf" rel="noopener noreferrer nofollow">HERE</a>.<h2 id="header-1">What are the WALLET apps available in the stores?</h2>Let&#39;s see 3 main Algorand wallets:<ul><li>My Algo Wallet</li><li>AlgoSigner</li><li>Pera Algo Wallet</li></ul>My Algo :Pros : Possible to connect a Ledger, Multisignature possible, Governance directly availableCons: No mobile application, No browser extensionAlgoSigner :Pros : Possible to connect a Ledger, easy to use like MetaMaskCons : No mobile applicationPera Algo Wallet :Pros : Mobile app, easy to use, Wallet Connect available for dApp, Buyable directly on the app thanks to MoonPay, Staking available.Cons : No access on computer for the moment<h2 id="header-2">Why do we recommend the MyAlgo wallet?</h2>We recommend you to create a wallet on MyAlgo which is one of the most used wallets by Algorand Blockchain users. And it is one of the easiest to use.<h3 id="strong-how-to-configure-your-myalgo-wallet-for-the-algorand-blockchain-strong">How to configure your MyAlgo wallet for the Algorand blockchain?</h3>Go to https://wallet.myalgo.com/access then click on Add Account then &#34;New Account&#34; then write down each word of your sentence on a piece of paper, just place your mouse on each card to see your words, be careful not to share this sentence with anyone, no CDK Token admin will ask you for your secret sentence!Then check your phrase by entering the 4 words requested, then give a name to your wallet and choose a security password and that&#39;s it! You can send Algorand tokens or any other token of the Algorand blockchain by clicking on Send and receive tokens by clicking on Receive.

How to create an Algorand wallet ? The best Algorand Wallet !

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