What is Algorand (Algo)?

9 Things to Know About the Algorand (ALGO) Crypto… And Where You Can Buy It Algorand (CCC: ALGO-USD) is one of the most highly discussed cryptocurrencies this week, thanks in large part to its involvement in the El Salvador crypto experiment.

What is Algorand blockchain?

Algorand is the self-proclaimed "world's most decentralized, scalable, and secure blockchain infrastructure." As a layer-one blockchain with a modified proof-of-stake consensus mechanism, Algorand is another chain striving to solve the blockchain trilemma.

How do I buy or sell Algorand?

If you want to buy or sell ALGO, you can easily do so through Binance's convert feature or exchange view. Algorand is a fairly new blockchain focused on improving scalability without sacrificing decentralization. This problem is common to many of the first and second-generation blockchains, such as Bitcoin and Ethereum.

What makes Algorand a good cryptocurrency?

Scalability: Currently, Algorand processes over 1,200 transactions per second and aims to process 3,000 transactions per second with instant finality. Security: Algorand is an unforkable blockchain that enables a high level of security. ALGO is the native utility token of the Algorand network.