Algorand (ALGO) is a cryptocurrency or a form of digital asset. Algorand (ALGO) price for today is $0.56 or 0.000056 BTC with a 24-hour trading volume of $ 59.29 Million. ALGO price changes 0.71 % in the last 24 hours. It has a circulating supply of 251.98 Million coins and a max supply of 0 coins.
The Algorand platform is the first public, a permissionless pure proof-of-stake blockchain protocol that solves the “blockchain trilemma” of achieving scalability, security, and true decentralization all at once. Performance on the Algorand platform exceeds 1000 transactions per second (TPS) with a latency of fewer than 5 seconds, putting it on par with the throughput of major global payment networks without compromising security or decentralization.
|ALGO/BTC Price||฿ 0.000056|
|24h Vol||$ 59,294,330|
|Market Cap||$ 142,068,519|
|Full Name||Algorand (ALGO)|
|Available/Total Supply||2.78 B - 0|
For each block of transactions, Algorand randomly selects a small, one-time group of users in a safe and fair way. To protect them from attackers, the identities of these users are hidden until the block is confirmed. The size of this group remains constant as the network grows.