About Us

The Algorand blockchain -- designed by MIT professor and Turing Award winning cryptographer Silvio Micali – is uniquely capable of delivering on the promise of a borderless global economy. It achieves transaction throughputs at the speed of traditional finance, but with immediate finality, near zero transaction costs, and on a 24/7 basis. Its carbon-neutral platform and unique pure proof-of-stake consensus mechanism solves for the “blockchain trilemma” by achieving both security and scalability on a decentralized protocol, and without a second of downtime since it went live in 2019.

The Algorand Foundation is dedicated to helping fulfill the global promise of the Algorand blockchain by taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem.

Our Mission

The Algorand Foundation's mission is to enable an inclusive, decentralized, and borderless global economy - at scale - based on the Algorand blockchain technology.

Core Technology

We believe that a public, permissionless, pure proof-of-stake blockchain with an open source approach is fundamental to delivering on the vision of a borderless economy.

The Algorand consensus mechanism is designed to promote open participation, security and performance within a network that is decentralized by design. With consensus on a new block being reached as fast as the block can be propagated throughout the network, Algorand’s transaction throughput is on par with large payment and financial networks, all securely scalable to billions of users. And Algorand is also the first blockchain to provide immediate transaction finality without the fear of forks.

Learn More at Algorand.com

Foundation Board & Team

Meet the contributors and employees working at the Algorand Foundation from all across the globe. We are proud to have a diverse and very talented team.

See Our Team

Algorand Global Ambassadors

Algorand Ambassadors are one of our key leaders among the worldwide Algorand blockchain community. Ambassadors are part of an amazing group who believe in the potential of the Algorand blockchain and are helping to build local communities, focused on sharing knowledge and insights on the development of the blockchain ecosystem. The Algorand Foundation has created a global program to reward our greatest partners for the work they are doing to create vibrant Algorand communities. The Foundation has also rewards Developer Ambassadors for creating content and contributing to the ecosystem.

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Protocol Development

Algorand releases new binaries (Algorand’s executable files) on an ongoing basis. These new binaries can contain any number of bug fixes or new features, but the key question is whether or not the consensus version changes. The consensus version can be thought of as the language that the nodes speak to each other. If the consensus version changes, then the language is changed.

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The Algorand Public Blockchain seeks to have a constitution and long term governance structure designed with community involvement. More details on our constitutional assembly and governance policies/processes will be shared soon.

At launch, governance of the network is assisted by the Algorand Foundation's Economic and Technical Advisory Committees, with committee members selected by our University & Non-Profit Program participants.

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The foundation is comprised of a diverse group of industry experts, researchers, business leaders, economists and more -- and we are hiring!

We are committed to the development of an inclusive and transparent system where anyone can build opportunity through decentralized applications and projects, no matter where they are. With the primary goal of promoting broad participation and the decentralization of the Algorand network, the foundation is assisting with the launch of the network, initial governance and the evolution of the public blockchain.

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