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Algorand Foundation
The Algorand Foundation is a community-focused organization dedicated to fulfilling the global promise of the Algorand blockchain. It supports the ecosystem through grants, technical resources, and community-building initiatives to foster a borderless economy.
Singapore, SG
Employees: 70
Algorand
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Description
Algorand is a proof-of-stake blockchain that aims to solve the 'blockchain trilemma' of achieving scalability, security, and decentralization simultaneously. It uses a unique consensus mechanism called Pure Proof-of-Stake (PPoS) to enable fast transaction finality and high throughput, making it suitable for a wide range of applications including finance, DeFi, NFTs, and enterprise solutions.Category: L1