ALGO (Algorand)

1.  Basic Information

Project name: Algogrand

Abbreviation: ALGO

Total Quantity: 10,000,000,000 ALGO

Release Time: 2019-06-17

2. Project Description

Founded by Turing award winner and MIT professor Silvio Micali, Algorand is a permissionless pure proof-of-stake blockchain protocol. Unlike first-generation consensus mechanisms, Algorand's technology finalizes blocks in seconds and provides immediate transaction finality while preventing forks. Algorand does also not reward validators with newly minted tokens.s Pillar and Union Square Ventures.

3. Support Links

Official Website: https://www.algorand.com/

White Paper: https://www.algorand.com/resources/white-papers/

Block Query: https://algoexplorer.io/