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Going back to ALGORAND

Algorand is a blockchain platform that aims to be scalable, secure, and decentralized — all at the same time.
Algorand is a scalable, secure, and decentralized digital currency and transactions platform.
Founded by Turing award winner and MIT professor Silvio Micali, Algorand is a permissionless pure proof-of-stake blockchain protocol. Unlike first-generation consensus mechanisms.
Algorand's technology finalizes blocks in seconds and provides immediate transaction finality while preventing forks. Algorand does also not reward validators with newly minted tokens.
With a primary focus on developers and their needs, Algorand's node repository has been open-sourced and is publicly available. Algorand provides a robust set of developer tools, DApp analytics through a partnership with Flipside Crypto, and has a number of partners building on their blockchain, including OTOY, Syncsort, TOP Networks, Asset Block and more.
Algorand has a current market capitalization of 243.8 Million Euros about 285 million US Dollars.
Algorand is currently trading at a price of $ 0.2592 USD with a daily volumen of over $80,000,000 USD.
Algorand is number 48 on the Cryptocurrencies RANKING.
52 Week High / Low $0.761919 USD / $0.102403 USD
Why does Algorand have value?
Algorand is a new public blockchain, meaning its technology, while novel, has not yet seen much testing under real-world market conditions. Users may find the ALGO cryptocurrency valuable should they believe Algrorand’s technical specifics will make it likely to be the blockchain of choice for developers who want to design and launch new kinds of decentralized applications.
Investors may also see Algorand as a viable part of a cryptocurrency portfolio should they believe that proof-of-stake blockchains, which lower the cost of participating in a blockchain’s operation, will ultimately prove more successful in the market.
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