What is Algorand (Algo)?

Content provided by various contributors. DYOR . Algorand (ALGO) is a decentralized, open-source blockchain platform that uses a consensus algorithm called Pure Proof of Stake (PPoS) to achieve fast and secure transactions. The Algorand network is designed to be scalable and energy-efficient, allowing many transactions to be processed quickly.

What is Algorand blockchain?

Official community for Algorand - World’s first open source, permissionless, pure proof-of-stake blockchain protocol designed for the future of finance. Founded by Turing Award-winning cryptographer Silvio Micali. Algorand runs on a highly energy-efficient network and is carbon neutral.

When will Algorand rewards be paid?

All rewards from the Algorand governance period ending March 31st will be paid in early April. Official community for Algorand - World’s first open source, permissionless, pure proof-of-stake blockchain protocol designed for the future of finance. Founded by Turing Award-winning cryptographer Silvio Micali.

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]