Breakthrough innovation from Algorand means that businesses are no longer constrained to immature blockchain technology hindered by several previously intractable technical barriers. Businesses can now focus on development of real and tangible solutions that unlock the promise and potential of a decentralized and digital economy.
Decentralization matters to businesses because it matters to their customers. As consumers drive economies toward an increasingly digital, transparent, and borderless reality, businesses must embrace technology that supports decentralization to both remain strategically relevant and to participate in the economic potential of this new decentralized world.
Algorand’s innovative protocol enables transaction throughput velocity on par with large payment and financial networks and maintains that performance while securely scaling to billions of users.
Algorand is the first blockchain to provide full and immediate transaction finality with no forking. This removes the uncertainty present in other blockchains, and provides transactional integrity for businesses who build on the Algorand platform.
In addition to Silvio Micali, and an internationally recognized team of researchers, mathematicians, and cryptographers, Algorand has brought together a number of proven business leaders from leading global tech companies to help bring our pure proof-of-stake platform to the world.
Attention. There is a risk that unverified members are not actually members of the team
24-Apr. I passed on it. I mean the team they're basically academics, right, and in my experience, projects with academics team, for the most part, have not done well. But in terms of the actual technology, though it's supposed to be supposedly good. I mean it could do what it's supposed to do but for me personally in terms of getting in ICO, not for me.13-July. I passed on it.
Algorand is a protocol which aims to create a new way of rapid and efficient users consensus. For now, it is just a whitepaper ICO with an all-star team which consists of professors from MIT, Harvard University, Brown University, Berkeley, New York University. Algorand has already raised $4 million from venture investors (Pillar and Union Square Ventures) to launch a blockchain-based system. Algorand is working on Testnet and trying to prepare its publicly available MVP prior to the investment stage.There is lack of crucial information about ICO: dates, tokenomics, roadmap, and other strategic partnerships.We give Algorand status "on the radar" and will follow the development of the project.
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