Review on Algorand by Supertuck Cyclist
About ALGO
If I had summarized my entire writing in one sentence, it would be: Algorand is a Pure Proof of Stake (PPoS) blockchain project that aims to create a transparent system where everyone can achieve success through decentralized projects and applications. The Algorand Foundation provides serious assistance to developers in the development of the network.
I can summarize the main feature of Algo as being an open source, scalable and secure network that does not require special permissions.
The goal of Algorand, one of my few favorite coins, is to remove technical barriers such as scalability, security and decentralization, which are major obstacles to blockchain adoption.
- Basic Features
Decentralized Economy
Security and Scalability
Completion of Transactions
Scientific Research and Use of Effective Business Partners
Algorand also has a free download wallet for Android devices.
Pros
- staking
Cons
- Creates 1/3 of my portfolio
