Market Cap
24h Vol
3077
Cryptocurrencies
20791
Markets
Description

Description


The Algorand platform is the first public, a permissionless pure proof-of-stake blockchain protocol that solves the “blockchain trilemma” of achieving scalability, security, and true decentralization all at once. Performance on the Algorand platform exceeds 1000 transactions per second (TPS) with a latency of fewer than 5 seconds, putting it on par with the throughput of major global payment networks without compromising security or decentralization.

Full Name Algorand (ALGO)
Start Date N/A
Algorithm N/A
Proof Type N/A
Website https://algorand.foundation/
Twitter @Algorand
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


For each block of transactions, Algorand randomly selects a small, one-time group of users in a safe and fair way. To protect them from attackers, the identities of these users are hidden until the block is confirmed. The size of this group remains constant as the network grows.

Team:

  • Rotem Hemo 
  • Naveed Ihsanullah 

 

ICO Status Finished
Token Supply 10000000000
Start Date 2019-06-19
End Date 2019-06-13
Fund Raised (BTC) N/A
Fund Raised (USD) 122400000
Start Price (USD) 2.40
Security Audit Company N/A
ICO Legal Form Foundation
ICO Jurisdiction U.S.A
Legal Advisers N/A
Blog https://medium.com/algorand
White Paper https://eprint.iacr.org/2019/269.pdf