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Algorand Foundation
Algorand enables fast, final transactions on a decentralized blockchain through Pure Proof-of-Stake consensus.
Singapore
Description
Algorand is a Layer-1 blockchain designed for speed and finality through Pure Proof-of-Stake consensus. Transactions achieve instant finality, preventing forks and double-spending without lengthy confirmation times. The protocol supports native asset creation through Algorand Standard Assets, atomic transfers for multi-party transactions, and state proofs for trustless cross-chain verification.Grant Funding
VC Funding
None
2018
2019
$0
$192M