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ALGO

Algorand (ALGO)

Buy Algorand

Exchange rate Algorand:

1.53zł

-3.59%

Market capitalization

9980232162 PLN

Volume (24h)

311377165 PLN

Supply in circulation

6976339374 ALGO

All-Time High

-

All-Time Low

-

Popularity by CMC

#28
The current rate Algorand ALGO is $1.53. In the last 24 hours, the price of Algorand has decreased by -3.59% and the 24-hour volume of this cryptocurrency is $311 377 165.00. The cryptocurrency in the last 24 hours recorded the highest price at the $0.00, while its lowest was $0.00. The highest Algorand price in the last 7 days was $0.00, and the lowest price was $0.00. Exchange rate Algorand in the last 30 days decreased by -11.89%.
Cryptocurrency calculator
Źródło danych: Coinmarketcap.com
1h 24h 7d 14d 30d 1y
-2.11% -3.59% -6.57% -4.74% -11.89% -53.86%
Źródło danych: Coinmarketcap.com

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Table of content

  • What Is Algorand (ALGO)?
  • Founders
  • What problem Algorand solves?
  • Wallet

What Is Algorand (ALGO)?

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.

The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $ 2.4 per token.

Founders

Silvio Micali is a professor of computer science at the Massachusetts Institute of Technology, and the founder of Algorand. He is a recipient of the Turing Award (in 2012) for his fundamental contributions to the theory and practice of secure two-party computation, electronic cash, cryptocurrencies and blockchain protocols. This makes him one of the foremost creators of crypto in the world.

What problem Algorand solves?

The public version of the Algorand blockchain is primarily designed to enable other developers to create new kinds of applications fueled by cryptocurrency. The platform has been used in real estate, copyright, microfinance and more. A more detailed summary of use cases can be found on the Algorand Foundation's official website. The code for Algorand is open-source and can be cloned, copied or otherwise used in private or permissioned blockchains. 

The Algorand blockchain is a permissionless pure proof-of-stake blockchain protocol. Unlike proof-of-work (PoW) blockchains, where the root block must be validated by randomly-selected validators (using computing power), in the pure proof-of-stake approach all of the validators are known to one another and only have to agree on the next block in order to create a new block.

Wallet 

Algorand can be bought on exchanges like Coinbase, Binance, OKEx, Kraken, Huobi

Include on your website a calculator Algorand and chart ALGOUSD using the widgets below.

Calculator Algorand

Źródło: Tokeneo

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Chart ALGO-PLN

Źródło: Tokeneo

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  • Parameters are configurable for the cryptocurrency calculator. In the case of the chart, it is not possible to add many parameters (crypto or fiat).
  • To use widgets, you must include a link to your source. The link is included in the above widget codes. The link should not contain the parameter rel = "nofollow".
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