world

Algorand Price Today


29 Mar 2024 05:57:57
Rp 4,349
   0.48 %
29 Mar 2024 05:57:57
Rp 4,349
   11.95 %
29 Mar 2024 05:57:57
Rp 4,349
   28.75 %
29 Mar 2024 05:57:57
Rp 4,349
   20.29 %
29 Mar 2024 05:57:57
Rp 4,349
   26.02 %

Auto-buy your crypto assets on a daily, weekly, monthly basis. In convenience way without hustle.

Try Now

Market Statistic

24H Volume

Rp 1,31 T

Market Cap

Rp 34,82 T

Circulating Supply

8,08 B ALGO

Trading Activity

0% Buy ;  0% Sell

Popularity

#55

Layer 1

About Algorand

ALGO (Algorand) is a blockchain platform launched in 2019 by Silvio Micali, an MIT professor and Turing Award winner. ALGO provides a secure, scalable, and decentralized infrastructure for building applications and issuing digital assets using a unique consensus algorithm called Pure Proof-of-Stake, which ensures the security and scalability of the network while maintaining decentralization.

What Makes ALGO Unique?

  1. Immediate transaction finality, eliminating the need for confirmations
  2. Built-in support for atomic swaps and smart contracts

What Affects the Price of ALGO?

  1. Adoption and usage of the Algorand blockchain by developers and businesses
  2. Network activity, such as the number of transactions and staked ALGO

What Gives ALGO Value?

  1. Decentralized, scalable, and secure infrastructure for building applications and issuing digital assets
  2. Support for atomic swaps and smart contracts, enabling complex transactions and applications
  3. Strong community and partnerships, including collaborations with governments and businesses

How Secure Is The ALGO Network?

The Algorand blockchain utilizes a Pure Proof-of-Stake consensus algorithm, which provides security, scalability, and decentralization, making the network highly resistant to attacks and tampering.

FAQ

Why is it called Algorand?
The name Algorand combines "algorithm" and "randomness", reflecting the platform's unique consensus algorithm that connects the two concepts.

Is Algorand environmentally friendly?
Algorand uses a proof-of-stake consensus mechanism, which is more energy-efficient and environmentally friendly than the proof-of-work mechanism used by some other blockchain networks.

Trending Assets

Blur

Rp 9,924

BLUR

  6.69%

Arbitrum

Rp 26,644

ARB

  0.88%

Avalanche

Rp 872,465

AVAX

  0.92%

BNB

Rp 9,333,940

BNB

  1.76%

Cardano

Rp 10,393

ADA

  0.65%

Aave

Rp 2,038,410

AAVE

  2.03%

Cosmos

Rp 196,535

ATOM

  -2.25%

Arkham

Rp 44,041

ARKM

  -0.37%

See More