Algorand is a scalable, secure, and decentralized digital currency and transactions platform.
Founded by Turing award winner and MIT professor Silvio Micali, Algorand is a permissionless pure proof-of-stake blockchain protocol. Unlike first-generation consensus mechanisms, Algorand's technology finalizes blocks in seconds and provides immediate transaction finality while preventing forks. Algorand does also not reward validators with newly minted tokens.
With a primary focus on developers and their needs, Algorand's node repository has been open-sourced and is publicly available. Algorand provides a robust set of developer tools, DApp analytics through a partnership with Flipside Crypto, and has a number of partners building on their blockchain, including OTOY, Syncsort, TOP Networks, Asset Block and more.
The Algorand blockchain network has its own official native cryptocurrency, called the Algo, to drive the borderless economy and the system of incentives. The Foundation holds Algos to contribute to the stability of the Algorand blockchain, to incentivize network participation, and to support the Algorand community, ecosystem building, and research. The Algos enter the ecosystem via various channels including development and research grants, participation rewards, and sales. All such activities are disclosed with full transparency to the Algorand community.
Algorand Technology: Algorand utilizes a Pure Proof of Stake, where validators are not rewarded nor are they at risk of being slashed. It becomes impossible for the minority to cheat and irrational for the majority to cheat the system as it would devalue their holdings. There is also no locking of tokens so a user has their tokens available at all time. Blocks are created in two phases where a single token is selected randomly and its owner proposes the next block. Subsequently, 1000 random tokens are selected with their owners then approving the block proposed by the first user.
These phases are ensured by the core protocol called Binary Byzantine Agreement, or Byzantine Agreement ★ (‘Star’), encompassing the following advancements:
Experimental results running on 1,000 Amazon EC2 VMs demonstrate that Algorand can:
A test network for the protocol was launched in July 2018, and the first open-source code was released on Github in October 2018. As such, Algorand encourages anyone to audit its version of the VRF, forked, and extended from the libsodium cryptographic library.
|Precio de Algorand||$0.289227 USD|
|ROI de Algorand||-91.18%|
|Nivel de mercado||#50|
|Cap. de Mercado||$306,149,775 USD|
|Volumen de 24 horas||$83,901,614 USD|
|Acciones en circulación||1,058,509,900 ALGO|
|Acciones totales||10,000,000,000 ALGO|
|Acciones máximas||Sin datos|
|Máximos en todos los tiempos|
(Jun 21, 2019)
|Mínimos en todos los tiempos|
(Mar 13, 2020)
|Máximos/mínimos en 52 semanas|
$0.761919 USD /
|Máximos/mínimos en 90 días|
$0.761919 USD /
|Máximos/mínimos en 30 días|
$0.761919 USD /
|Máximos/mínimos en 7 días|
$0.576370 USD /
|Máximos/mínimos en 24 horas|
$0.534992 USD /
|Máximos/mínimos de ayer|
$0.309956 USD /
|Apertura/cierre de ayer|
$0.306884 USD /
|Cambio de ayer||$-0.036901 USD (-12.02%)|
|Volumen de ayer||$56,286,364 USD|