What is Algorand (ALGO)?

July 22, 2022

What is Algorand (ALGO)?

Algorand (ALGO) is a blockchain that allows for decentralized applications (dApps) as well as other blockchains to be built on top of it–similar to Ethereum’s (ETH) Layer -1 capabilities. In fact, having been launched only in 2019, Algorand is part of the wave of blockchains that were designed to compete with Ethereum such as Solana (SOL), Elrond (EGLD) and Near Protocol (NEAR). […]