The Algorand Foundation is dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open source software, which was initially designed by Silvio Micali and a team of leading scientists. With core beliefs in the establishment of an open, public and permissionless blockchain, the Algorand Foundation has a vision for an inclusive ecosystem that provides an opportunity for everyone to harness the potential of an equitable and truly borderless economy.
The Algorand ecosystem moves to a decentralized Governance model with the sign-up window for would-be governors now live and available. The governance approach for the Algorand community has been designed for simplicity and maximum participation.
Algorand Standard Assets (ASAs) are standard blockchain assets with customizable options, directly in Layer-1
Secure transfers and immediate transaction settlement for multiparty transactions built in Layer-1
ASC1s are stateless smart contracts in Layer-1 with numerous possibilities for governed transactions
A public, permissionless, pure proof-of-stake blockchain that has decentralization and performance at its core