Algorand is a decentralized, open-source blockchain network that aims to establish a borderless economy through fast, secure, and scalable transactions. Algorand uses a powerful Pure Proof-of-Stake (PPoS) consensus mechanism that is fast and low-fee to verify transactions and distribute rewards to contributors. The native token, ALGO, is used for transaction fees, staking, and governance within the Algorand ecosystem.
Service Type: Digital Asset Exchange & Brokerage
Learn more:
- Official Website: https://www.algorand.com/
- Block Explorer: https://algoexplorer.io/
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