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Type of review

Revainrating 5 out of 5

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…

Pros
  • staking
Cons
  • Creates 1/3 of my portfolio

Revainrating 4 out of 5

Algorand will bring about improved security, scalability and decentralization

Algorand is a new crypto currency project that was created by a computer science professor, Silvio Micali, a recipient of 2012 Turing award. He created the project in 2019. One of the primary aim for creating the project is to provide a cryptocurrency project that can eliminate the trade-off between. Decentralization, scalability and security. This project promise all without affecting others. Another goal is to be able to provide a project that will provide a platform that developers can…

Pros
  • Can bring about low cost of transaction
  • Plan to bring about faster transaction
  • Will possibly remove the trade-offs of decentralization, scalability and security. Before now it is add for a single crypto currency to promise or even guarantee all these three without affecting others
  • It is a project that can be used to create new smart contract and tokens which means it can be used to develop other project
  • All users that own a particular unit of Algo has equal right to consensus, voting etc
  • Has many use cases outside the common domain of crypto currency
  • Has a great team of computer and crypto experts behind it
  • The code is open source and verifiable
Cons
  • The project may not yeild much turnover now
  • Not yet popular

Revainrating 4 out of 5

Algorand

It supports scalability, Algorand works in the basis of PoS ( proof of stake) . it is an open sourse block chain company which promotes its ideas towards crearing a free flowing economy. Presently it is one of the best investment platform. The Also is the native token of A lg or and. It can be used to make transactions , pay bills and even exchange for other coins or tokens . it can interestingly be use to pay back loans. Since it accepts fiat currencies , I can easily get my Algo Coins. First…

Pros
  • it is supporting fiat currencies
Cons
  • Not mineable

Revainrating 3 out of 5

Algorand: A Leader with Growing Goals Yet to Reach

Algorand is a project with a great root baked in the DeFi opportunities that are everyday more notable among the cryptocurrency market. Investing in these types of projects has been during a long time an option to think twice, but in my humble opinion they are great, and are having a even greater scope for investments. Even the financial market is growing up with practical and reliable steps. This company provides a set of well-defined options for the decentralized apps that conform the…

Pros
  • Great support given to Dapps and deFi projects running out there in the marketplace.
  • It has had a clean roadmap with some goals reached throughout the 2020.
  • It receives great support from the company to keep their community updated with the things they provide and promote.
  • It is easy to joins the project and there are some good external links where users can keep in touch with the entire and global community.
Cons
  • It is unavailable in some countries. The project is permited everywhere, but some investors do not know about it.
  • The platform has a low design that should be improved with better tools. Technological support is required.

Revainrating 4 out of 5

Algorand

Algorand is a decentralized open source blockchain developing platform with the vision of providing users an easy and fast means of developing a blockchain project for business initiative. integrated with multiple layers for making multi transaction confirmation of thousands of transaction in seconds provided POW algorithm to secure users privacy and protect them from cyber threat. Algorand provide a safe and secure platform where business users can securely makes transaction using smart cont

Pros
  • Open source decentralized network for development of decentralized application
  • Secure fast transaction system with multiple transaction confirmation in seconds
  • Good trading volume competitive project with good potential
  • Has well recognize partners with an engage social handle to update users
Cons
  • Algorand non for now

Revainrating 5 out of 5

Algorand, The Big Dreaming Project

that i gave the title: Big Dreamer. For a person or an organisation to be called a big dreamer, drastic steps must have been taken towards the aim they set as their dream. Algorand had a dream on it's onset which is to exist as an online platform with three different characteristic feature, all at the same time. The platform hopes to be fast, scalable and still decentralized. This is u seemingly impossible as to have a fast and scalable platform, the company shouldn't be centralized again, for

Pros
  • The platform is fast
  • Protectively Secured
  • A decentralized platform
  • Uses the Proof of Work, PoW algorithm to secure funds
  • The platform dreams big
Cons
  • None for now

Revainrating 4 out of 5

Algorand, A Platform That Aims Really High

Algorand is a decentralized Blockchain platform that is aimed at creating a borderless economy through decentralization, it wants to see a Blockchain system that grants everyone without discrimination, permission for participation and The platform started, with three uncommon and uneasy to get to goals which are: 1. Providing a fast  2. Providing a scalable  3. Still remaining decentralized And it aims at getting all these together, it seems hard but is gradually in the process of getting…

Pros
  • Decentralized
  • Scalable
  • Fast in transaction process
  • Makes use of the PoW algorithm for security purposes
Cons
  • None so far

Revainrating 4 out of 5

Algorand championing for financial liberty for all

Algorand is an open source software company based in Boston USA founded in 2019 by Silvio Micali who designed the Algorand permissionless PURE PoS blockchain protocol platform after years of research in cryptography. His main motivation was to eliminate 3 problems easily identified with general finance. These problems, known as finance blockchain trilemma includes: 1. Decentralisation of financial transactions 2. Security of financial transactions and 3. Scalability of financial…

Pros
  • Algorand has a wallet that can be downloaded on iOS and Android devices
  • Investors can stake their cryptocurrency assets for more income
  • The token trades in over 20 active market exchanges for swapping for some popular tokens
Cons
  • ALGO token still has low value
  • The ALGO token swaps with few cryptocurrencies

Revainrating 5 out of 5

Algorand: Towards the establishment of an equitable economy without borders.

In recent decades the world economy has undergone profound changes. Today, companies or organizations cannot continue to operate with the same traditional economic schemes or model, but rather, to be successful, they must adapt to the new context, redefining strategies and resources that allow them to take even more advantage of the opportunities offered by the changing and competitive environment of markets. Algorand is an innovative project that makes use of blockchain technology with the…

Pros
  • The ALGO token can be transferred to one or more people, instantly and simultaneously (approximately 4.5 seconds).
  • The one-way hash function ensures that the blockchain is tamper resistant.
  • Its governance system allows ALGO holders to propose changes to the protocols and other applications of the platform.
  • The ALGO cryptocurrency can be traded or saved on many exchanges and wallets.
  • The diversity of functions offered by the platform, all directly integrated into Layer-1, allows you to create distributed applications on an enterprise scale in a secure way while maintaining optimal performance.
  • You do not require large computer equipment or mining farms.
Cons
  • I have nothing negative to comment on this platform.

Revainrating 5 out of 5

Algorand: A Decentralized Project That Aims To Help In The Development And Realization Of Innovative Ideas And Projects.

eAlgorand is cryptocurrency project that aims at developing a structure that can be trusted and one that also requires no permission before it can be used. And also, algorand project is a decentralized project that is built on a proof-of-stake concept and seeks and aims for an economy with no borders, no restriction, basically a transparent and open project. This cryptocurrency project also aims to support upcoming innovative projects by funding educations, research and the community…

Pros
  • Algorand project is a decentralized project.
  • It is built on the proof-of-stake algorithm.
  • The platform is secure and safe for users to make transactions
Cons
  • Algo token is currently low in value, making it not worth much by keeping it.

Revainrating 4 out of 5

ALGORAND (ALGO). A PROJECT TO COMPETE.

Algorand is a project that promises to be the competition of decentralized blockchains, dedicated to financial operations (DeFi), based on cutting-edge technologies and a team of developers that aims at different strategies that gather the characteristics of the best platforms in a single space whose goal is to create a transparent system in which everyone can achieve success through decentralized projects and applications. Its creators have developed it as a platform without permissions in…

Pros
  • It is a really decentralized blockchain, with a good market capitalization.
  • It is secure, reliable and scalable.
  • It directs its updates to the area of financial operations as a DeFi platform.
  • Users have an active and fundamental participation in the process of generating the blocks of the platform.
  • There are no second class transactions on the base of algorand.
  • Every $ALGO token holder has the right to participate in the Algorand block consensus.
Cons
  • It does not highlight sanctions for those users who fail to comply with the objectives of the platform.
  • The $ALGO token has failed to gain a good appreciation in the markets.

Revainrating 5 out of 5

Algorand ALGO: Blockchain at the service of developing new applications

Young crypto project based in Boston and with its own ALGO coin launched in Jumio 2019, as well as others of a similar cut with its own blockchain aimed at having security, scalability and speed whose mission is the creation of dapp for finance, Fully decentralized education and research that can be developed on your blockchain and coexist with other undeveloped applications in your environment that want to migrate to it without affecting performance or security. And with the importance of…

Pros
  • Behind it is a super disciplined and organized work team.
  • Solid currency with good prospects
  • Project on the rise
  • Supports new decentralized projects worldwide
Cons
  • Nothing to say

Revainrating 5 out of 5

Using a Pure Proof of Stake consensus makes this project superb

Algorand is an open source project that runs a permissionless protocol which allows developers to write and contribute to it's code, also permitting the creation of Dapps on its blockchain. The project uses a Pure Proof of Stake consensus mechanism which has proven more energy efficient and faster transaction confirmation which usually happens in a matter of seconds. The coin is mineable with a total supply of 10 billion coins of which only 1 billion is in circulation, mining the coin is…

Pros
  • The Algorand is an open source project that allows any developers to recreate and write on its framework
  • Its coin Algo is mineable through the Algorand consensus mechanism called Pure Proof of Stake
  • The project runs a permissionless protocol that allows developers create Dapps
  • There is staking rewards for the holders and its coin can be held on its native wallet which is accessible both to IOS and Android devices. As Coinomi supports this coin, it's also accessed on PC's
  • Transactions are carried out in a matter of seconds
Cons
  • The coin currently has a low value and it's Return On Investment since it's first IEO on Binance is a negative 90%

Revainrating 4 out of 5

Algorand craves a Borderless Economy!

Algorand is a scalable, secure, and decentralized platform for transactions. Algorand offers nice set of tools for developrsof decentralized applications (dApps) and DeFi solutions that can be built on the Algorand platform Algorand token(Algo) utilizes a Pure Proof of Stake. This token has been built to help create an open, borderless economy where everybody can participate.

Pros
  • The project team is formed for expert scientists
  • The native token Algo can be used for buying and selling goods or services. The Algo can also be used to send money to anybody, instantly
  • The platform offers secure transfers and immediate transactions
  • You can have benefits by holding Algo tokens
  • Token Algo has a good trading volume diary
  • Token Algo is available to trade in a large number of exchanges
Cons
  • The token price is low
  • Token has had a major devaluation in recent months
  • Very competitive Market. Project similar to others

Revainrating 5 out of 5

Algorand: a chain of blocks with multiple uses and technological power

Algorand is a blockchain that guarantees security, scalability, speed and decentralization in the execution of its operations through its native currency known as $ ALGO. This cryptocurrency came into effect on the market in June 2019. Algorand is defined as a network for the exchange of financial operations between users who use cryptocurrencies. What is the technology used by Algorand? Algorand is a digital ecosystem that combines multiple protocols in its infrastructure and operation: *…

Pros
  • Allows any user to join the network by contributing their computational power without restrictions
  • Due to its permissionless blockchain feature; developers have the possibility to design their decentralized applications based on Algorand's technology.
  • Block validation is carried out in a participatory way with the approval of the community as a whole.
  • It offers speed in your operations because the consensus protocol that confirms transactions takes less than 1 minute to validate them.
Cons
  • The Pure POS consensus protocol used by the Algorand network does not include a sanction mechanism for participants who

Revainrating 5 out of 5

Algorand encourages honesty

Algorand (ALGO) is a blockchain project that has emerged to end three main problems faced by other blockchains: Security. Scalability Decentralization. The Algorand Blockchain is of the type without permits, whose objective is to create a transparent system. Algorand implements the algorithm (PoS) to achieve shorter transaction times, lower energy consumption and to provide tools that can facilitate the blockchain. Specifying us, its consensus algorithm is called Pure Pos. This…

Pros
  • Low calculation requirements therefore no energy consuming mining farms will be needed.
  • The entire community agrees with the following block and confirms the transactions.
  • Those who own tokens will be able to delegate them and participate in the consensus.
  • There is a true decentralization whereby the network is not controlled since the proponents and commissions are randomly selected.
  • The owners will have governance of the tokens so they can make a proposal to change the protocols and agree on the evolutionary capacity.
  • Influential Business Partners and Use of Science.
Cons
  • There are other projects with the same characteristics.

Revainrating 5 out of 5

The project is empowering a borderless economy.

It is without a doubt an exceptionally intriguing venture worth viewing in the coming months. It has strong establishments made dependent on current logical disclosures, just as a fantastic team of pros. It would seem that simply one more blockchain with cutting edge adaptability, decentralization, security, and low transaction charges. Furthermore, simply that is as of now great. I accept, It may be greater than that. There are numerous blockchain ventures, that can be seen as its…

Pros
  • It center around the adaptability, security, and decentralization.
  • It has profoundly talented team.
  • Great level of specialized data conveyance.
  • Association with flipside crypto.
  • Growing community.
Cons
  • It was built from scratch. It was worked by an authentic virtuoso, at the same time, still, it was worked without any preparation.

Revainrating 5 out of 5

an example of success in the crypto market with only 1 year in the market

Although the Project that I am going to talk about below has only been on the market a little over a year, it has the support of great experts in blockchain, and its creator Silvio Micali, a professor at MIT, was the winner of the Turing award that It is awarded to those scientists who have made contributions in a transcendental way in the field of computing. This open source project is called Algorand, and it has a permissionless blockchain that aims to solve the 3 main problems that arise in…

Pros
  • Users can participate in the consensus system by storing the cryptocurrency something in their wallets
  • They have a wallet that can be downloaded only on Android devices for free
  • Token holders can propose changes to the project for its successful evolution and can even decide how much it will cost
  • The distribution of the Algo tokens were made in the form of IEO in binance in which the value of the assets was determined by the market itself.
  • No need for large mining equipment or very powerful equipment to participate in algorant
  • After the ALGO cryptocurrency was listed in coinbase, its price shot up by more than 400% and it is currently ranked 41st in the ranking of coins with the highest market capitalization
  • Due to all its functionalities, the Algorand project is ideal to promote the development of defi applications or the execution of atomic transfers
Cons
  • nothing negative to say

Revainrating 4 out of 5

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…

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

Revainrating 4 out of 5

Algorand is a project that has rocketed onto the scene and into the top 100. There has been intense interest in the project across the crypto community.

Algorand is a blockchain platform that is aiming to create a borderless economy through its decentralized, permissionless public blockchain. In other words, Algorand wants a blockchain ecosystem that allows everyone to participate and succeed. The platform is being built with the core principles of simplicity, instant transactions, direct usage and adoption, and performance. Algorand is also taking on one of the biggest challenges in blockchain technology. That is how to build a platform that…

Pros
  • Transactions are fast, instant, and secure
  • Blockchain is very scalable
  • Algorand has created mobile wallets for both Android and iOS devices, and Coinomi also supports ALGO tokens, so you could use that for a desktop wallet.
Cons
  • Algorand faces competitors offering fast, scalable, secure blockchain and offering secure transactions