What is Algorand (Algo)?

Algorand is a cryptocurrency protocol providing proof-of-stake on a blockchain. Algorand's native cryptocurrency is called ALGO. Algorand was founded in 2017 by Silvio Micali, a professor at MIT. The Algorand test network was launched to the public in April 2019, and the main network was launched in June 2019.

What is Algorand blockchain?

CoinMarketCap takes a deep dive into Algorand, a scalable layer-one blockchain based on proof-of-stake. How Does Algorand Work? Algorand is the self-proclaimed "world's most decentralized, scalable, and secure blockchain infrastructure."

What is the Algorand Foundation?

The Algorand Foundation manages award funding, cryptographic research, on-chain governance, and decentralization of the Algorand network including nodes. The core development of the Algorand protocol is overseen by Algorand Inc., a private corporation based in Boston. [non-primary source needed]

What are the best Dapps on Algorand?

DApps like Opulous (used for finance solutions), Voyager, (a crypto asset broker), and Bleumi (a payment solution protocol) have all been built on Algorand. One of the most popular DApps on Algorand is Chainalysis, a data-and-analytics platform for blockchains.