Equity Overview
Price & Market Data
Price: $0.232
Daily Change: +$0.011 / 4.74%
Range: $0.22 - $0.234
Market Cap: $2,315,786,896
Volume: 43,773,813
Details
The Algorand Foundation is dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open source software, which was initially designed by Silvio Micali and a team of leading scientists. With core beliefs in the establishment of an open, public and permissionless blockchain, the Algorand Foundation has a vision for an inclusive ecosystem that provides an opportunity for everyone to harness the potential of an equitable and truly borderless economy.The Algorand platform is a 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.Telegram | Discord | Facebook | YouTube | Weibo | LinkedIn | GitHub | Reddit | MediumWhitepaper