Algorand

Feb 24, 2023 | Blockchain, Infrastructure, Projects

The world’s most sustainable blockchain

Algorand – The world’s most sustainable blockchain

 

Problem

  • The greatest obstacle to creating an optimal blockchain lies in the famous scalability trilemma, forcing developers to choose between security, decentralization and scalability. 

Solution

  • Algorand removes these technical barriers that have for years undermined blockchain adoption, by introducing its unique institutional grade blockchain infrastructure.

Value Proposition

  • It is the first and only network to achieve decentralization, scalability, and security without compromises, while remaining environmentally sustainable.

Underlaying Magic

    • The fully permissionless “Pure Proof of Stake” consensus mechanism ensures full participation, protection, and speed within a truly decentralized network.

    Business Model

    • To ensure functionality, users can lock up their tokens in one of its staking platforms, and in turn earn rewards for their contribution.