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What is Algorand?
Algorand is an open-source, decentralized blockchain platform that aims to develop a borderless economy. The project was founded by Silvio Micali in 2019 with Steve Kokinos as the CEO. Algorand aims to fix the persisting issue of the current blockchains like Bitcoin and Ethereum which is scaling. The blockchain has the capability of processing 1000 transactions per second.
Algorand developed a variation of the PoS called Pure Proof-of-Stake for quick and secure consensus on the blockchain. Algorand 2.0 is an upgrade in the chain to improve the development of decentralized applications and plans to include features like issuance of blockchain assets, atomic transfers and smart contracts. ALGO is the native cryptocurrency of the Algorand blockchain and was issued through an ICO in June 2019.
ChangeHero is the best place to buy ALGO with credit card. We offer the best rates for your ALGO purchase. There will be only one verification process and you are good to go. You can buy ALGO with USD and other fiat currencies like Euro and Yen in a flash.