Algorand (ALGO) Price

Algorand (ALGO) Price

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About Algorand (ALGO)

Algorand’s unique consensus mechanism enables unprecedented scalability; scalability in consensus participation, and scalability in transaction processing. 

Currently, Algorand blocks are produced in less than 3 seconds with instant finality. The network can process 10,000 transactions per second, and at a cost of a fraction of a cent per transaction. 

These are not just “basic payments”. Algorand can in fact process thousands of multi-party smart contracts per second.




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