【ALGO / Algorand】
Market capitalization 1.11 trillion
The company aims to create a comprehensive ecosystem that provides opportunities for everyone to access the potential of a fair and truly borderless economy.
It is dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open source software.
The users who approve all blocks are randomly and secretly selected.
It uses its own PPoS (Pure Proof of Stake).
No central entity is required for consensus, and as long as a supermajority is staking, the system can resist malicious users.
No forking occurs in the system.
It is open source, so anyone can audit, use, and build it.
If you hold ALGO on Binance, you will be locked up for 6 months, after which you will be able to earn staking rewards.
In the future, the question is whether the technology will actually become a reality and whether it will be possible to actually increase the number of users.
It is available for purchase on Binance.
Official website : https://algorand.foundation/
Twitter : https://twitter.com/AlgoFoundation
Github : https://github.com/algorand