What is Algorand? A Complete Guide to ALGOAlgorand (ALGO) is a blockchain platform designed to overcome the scalability, security, and decentralization challenges faced by many existing blockchains. Launched in 2017 by
Silvio Micali, a Turing Award-winning MIT professor, Algorand aims to provide a secure, fast, and accessible network for decentralized applications (dApps), financial services, and enterprise solutions. This guide explores Algorand’s technology, use cases, and why it stands out in the crypto ecosystem.
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