What is Algorand (Algo)?

The Algorand blockchain uses a decentralized Byzantine agreement protocol based on pure proof-of-stake (PPoS). It can tolerate an arbitrary number of malicious users as long as honest users (those that follow the instructions of the protocol) hold more than two-thirds of the total stake in the system.

What is Algorand blockchain?

The blockchain deals with the common scalability and consensus mechanism issues common to first and second-generation blockchains. Algorand's main feature is its Pure Proof of Stake consensus protocol that randomly selects validators weighted by their staked ALGO coin.

What is Algorand’s economic innovation?

Economic innovation of Algorand should be the creation of a blockchain offering authentic value to efforts to build a “borderless” economy. Algorand’s technology of decentralized, secure, scalable and distributed ledger is hoped to serve as the bridge with companies and organizations seeking access to untapped markets.

What is Algorand Foundation?

Algorand Foundation Launches 200 Million Algo Staking Reward Program. Our pure proof-of-stake protocol is the first of its kind to support the scale, open participation, and transaction finality for billions of users. All backed by a sustainable business and a renowned team of experts.