Algorand (ALG)

Algorand (ALG) widget

ICO date:
Product Type: Platform
Industry: Financial Services
Description:

Algorand is a decentralized digital currency and transactions platform.

Features:

For each block of transactions, Algorand randomly selects a small, one-time group of users. 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.

Any currency representing a significant fraction of the world’s money will be attacked at the user level, the protocol level, and the network level. Algorand remains secure in the face of attacks.

Confirming transactions with Algorand does not require solving cryptographic puzzles. The consensus protocol is both computationally and energy efficient, which keeps transaction costs low. With no heavy lifting, even small players can transact. Algorand  transactions are confirmed instantly, and transferred money is immediately available.

Algorand is fully decentralized. Every decision is reached by consensus and represents the will of the majority. All transactions are created and treated equally, regardless of size.

Algorand is guaranteed to work securely if the majority of the money in the system is owned by honest users. A user in Algorand does not need to put any fraction of his money at stake. A user’s money always remains in her hands, ready to be spent how she wishes.

Website: www.algorand.com

Rating Review and Analytics

Investment rating
NA
Hype score
NA
Risk score
NA

Post-ICO

We are holding a vote to perform an Post-ICO Rating on one project chosen by our readers. If you're a current tokenholder, you can take part in the vote after completing a KYC procedure and we will deliver this results directly to the project team with 100% guarantee. We will motivate the startup to release a Post-ICO Rating audit to inform their investors about the results of their work after their ICO.

Post-ICO Rating


1
Upvote 0

Other projects

Startup name Start-end ICO Hype Score Risk Score Rating Industry
Valorem foundation (VLR) 10.11.2017 - 28.06.2018
Financial Services
Augmate (MATE) 15.12.2017 - 15.06.2018
Financial Services
Futereum (FUTR) 05.01.2018 - 05.01.2019
Financial Services
Yield Coin (YLD) 01.03.2018 - 31.05.2018
Exchanges & Wallets
Financial Services

See also