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Algorand
ALGOPublic

Algorand

Symbol

ALGO

Type

Public

Consensus

Pure Proof of Stake

Launch Date

19-06-2019

Founder(s)

Silvio Micali

Developer

Algorand Foundation

About Algorand

Algorand is a blockchain platform created by MIT professor and Turing Award winner Silvio Micali. Using its Pure Proof of Stake consensus mechanism, Algorand achieves immediate transaction finality with minimal energy consumption. The platform supports smart contracts through AVM (Algorand Virtual Machine) and has been adopted for various use cases including CBDCs, tokenized assets, and carbon credit markets. Algorand is known for its strong academic foundations and focus on institutional-grade performance.

DEXs on Algorand