@Noahhweb3 100% Algorand, instant, 100% uptime, LOW fees, many new devs build on algorand. Real world use cases. Best chain I have used for real. @algodevs@AlgoFoundation 🚀 US based so can be tax free also (Hint: Thats about no tax is a WEEK rumor, but IF it’s true, $Algo is included) 🤝
Big news for Algorand.
The @PeraAlgoWallet x @Mastercard x @immersve integration is 99.99% complete.
This will initially come to consumers in Europe, Australia, and New Zealand.
Commercials becoming realities 🤝
Algorand is BIGGER than you think!
Here’s why 👇
$ALGO is a next-level blockchain that launched in 2019, created by Silvio Micali, a top cryptography expert who’s won several awards and created the concept of Zero Knowledge Proofs.
Satoshi has also used Silvio's work on ZKPs to create Bitcoin.
Algorand's goal is to solve the biggest problems in blockchain such as speed, security, and decentralisation.
This writeup will explain exactly HOW they're going about doing this.
1. Cutting-Edge Features 🔧
Pure Proof-of-Stake (PPoS): This serves as a super-efficient and fair way to keep the network secure.
Handles 10,000 transactions per second (TPS) with near-instant finality (about 2.8 seconds per block).
Tiny transaction fees: Just 0.001 ALGO per transfer which is around 0.000332 USD
Completely open and decentralised, meaning anyone can use it without needing permission.
2. Ultra-Reliable & Secure 🛡️
The network has had zero downtime since it started in 2019 which makes it super dependable!
It’s designed to be secure, even against future tech like quantum computers and AI which we're seeing more of in recent developments.
There have been no forks, no rollbacks, and no transaction errors ever.
3. Rapid Growth🚀
Over 38.9 million accounts already use Algorand.
More than 2.5 billion transactions have been processed smoothly.
Powered by 1,700+ nodes (computers that help run the network).
Supports 1,000+ dApps and has 1.1B $ALGO in DeFi projects.
4. Partnerships and Use Cases🌍
One of my favourite aspects of $ALGO are the names behind it and its vast use cases.
@FIFAcom: Digital collectibles for millions of soccer fans.
@travelx__: Tokenised airline tickets with millions of passengers.
@lofty_ai: Lets people invest in real estate by buying small pieces of property.
@lavazzagroup: Tracks coffee production to ensure quality and transparency.
QuantF: Working with central banks to create a digital euro.
Many top companies, like Deutsche Bank, Visa, and Santander, are also building on Algorand.
5. Green & Community-Driven 🌱
Algorand has been carbon negative since 2022, meaning it’s helping the environment.
It has the largest on-chain governance system, where users can vote on important updates.
$ALGO's supply is capped at 10 billion coins, with low inflation until 2030, making it more scarce and valuable.
This is one of those coins I can see making some serious waves especially when Crypto becomes more mainstream.
We already have some big names and developments ongoing from $ALGO but something tells me we still have a lot higher to go.
Algorand is BIGGER than you think!
Here’s why 👇
$ALGO is a next-level blockchain that launched in 2019, created by Silvio Micali, a top cryptography expert who’s won several awards and created the concept of Zero Knowledge Proofs.
Satoshi has also used Silvio's work on ZKPs to create Bitcoin.
Algorand's goal is to solve the biggest problems in blockchain such as speed, security, and decentralisation.
This writeup will explain exactly HOW they're going about doing this.
1. Cutting-Edge Features 🔧
Pure Proof-of-Stake (PPoS): This serves as a super-efficient and fair way to keep the network secure.
Handles 10,000 transactions per second (TPS) with near-instant finality (about 2.8 seconds per block).
Tiny transaction fees: Just 0.001 ALGO per transfer which is around 0.000332 USD
Completely open and decentralised, meaning anyone can use it without needing permission.
2. Ultra-Reliable & Secure 🛡️
The network has had zero downtime since it started in 2019 which makes it super dependable!
It’s designed to be secure, even against future tech like quantum computers and AI which we're seeing more of in recent developments.
There have been no forks, no rollbacks, and no transaction errors ever.
3. Rapid Growth🚀
Over 38.9 million accounts already use Algorand.
More than 2.5 billion transactions have been processed smoothly.
Powered by 1,700+ nodes (computers that help run the network).
Supports 1,000+ dApps and has 1.1B $ALGO in DeFi projects.
4. Partnerships and Use Cases🌍
One of my favourite aspects of $ALGO are the names behind it and its vast use cases.
@FIFAcom: Digital collectibles for millions of soccer fans.
@travelx__: Tokenised airline tickets with millions of passengers.
@lofty_ai: Lets people invest in real estate by buying small pieces of property.
@lavazzagroup: Tracks coffee production to ensure quality and transparency.
QuantF: Working with central banks to create a digital euro.
Many top companies, like Deutsche Bank, Visa, and Santander, are also building on Algorand.
5. Green & Community-Driven 🌱
Algorand has been carbon negative since 2022, meaning it’s helping the environment.
It has the largest on-chain governance system, where users can vote on important updates.
$ALGO's supply is capped at 10 billion coins, with low inflation until 2030, making it more scarce and valuable.
This is one of those coins I can see making some serious waves especially when Crypto becomes more mainstream.
We already have some big names and developments ongoing from $ALGO but something tells me we still have a lot higher to go.