Review on Algorand by LUIS RIVERO R
For a better blockchain
This cryptocurrency is intended to be used as a payment method, which can be acquired by anyone in the world and, most importantly, simple.
To compare it with other cryptocurrencies, we could name etherium although without physical mining, since this platform supports Dapps, contracts among others.
An important aspect is that they bet on decentralization, using PPoS Betting a certain amount of tokens, decreasing energy consumption exponentially when compared to other platforms.
In general it is a promising cryptocurrency although its growth rate is still low
Pros
- Decentralized and fully public.
- Easy to use and adapt.
- Good liquidity, it is listed in large exchanges.
- It has a growing community that supports it.
- It is possible to win only by keeping this token on hold.
Cons
- Currently there are other projects with similar characteristics that have more progress
