Sat. Jun 19th, 2021
    Algorand, Free TON, Free TON House, Wiki

    Algorand is an open blockchain platform that is designed to create a decentralized economy without constraints. The main idea is to remove possible barriers to the mass adoption of cryptocurrencies.

    Features

    • The platform operates on a consensus protocol based on the PoS (Proof-of-Stake) mechanism.
    • High throughput: Capable of processing 1000 transactions per second after mainnet startup with less than 5 seconds latency.
    • Low transaction fees in a single blockchain platform.
    • High-level safety: developers are able to withstand multiple attacks, recovering quickly from attacks at the network level (elongated network partitions).
    • Wallets that support Algorand will also be able to support stablecoins transferred or created on the basis of its blockchain network.
    • Major organizations such as WorldChess, PlanetWatch, Verady, and Attestiv have implemented solutions developed by Algorand.

    Cryptocurrency — ALGO.

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