• Market Cap
    $511.664B -9.55%
  • POW Market Cap
    $398.331B -11.17%
  • POS Market Cap
    $22.254B -9.94%
  • Masternodes Market Cap
    $1.637B -10.22%

Algorand is a high-performance next generation blockchain founded in 2017 by MIT professor Silvio Micali that uses Pure Proof of Stake (PPoS) and pseudorandom functions. Algorand is a Boston-based open-source software company working towards building a borderless economy. They’ve developed a permissionless, Pure Proof-of-Stake protocol with open participation, scalability, security and transaction finality. This project is considered as the new generation “Blockchain 3.0”, as it solves Bitcoin’s well-known scalability problems whilst maintaining a complete security and decentralization. Algorand is a payment and smart contract focused cryptocurrency network thriving to improve the performances of blockchain systems.

This data was last updated 2020-11-26 10:21:03 UTC

Details

MarketCap
245.763M
MarketCap 24hr Change
-21.71%
MarketCap Rank
62
Total Supply
10000000000
Circulating Supply
803.089M
Volume
229.914M
ATH
3.56
Launched
N/A

Technical Details

Blockchain
Own Blockchain
Consensus
Proof of Stake
Staking APR
5.06
Block Time
N/A
Algorithm
PoS
$0.31
-21.66%
$245.763M
Marketcap
$229.914M
Volume
10.000B ALGO
Total Supply
803.089M ALGO
Circ. Supply
24H
-21.66%
7D
15.28%
30D
5.98%
Last 7D
15.28%

Official Community