Algorand removes the technical barriers that for years undermined mainstream blockchain adoption: decentralization, scale, and security. Now you can build on a stable platform you trust.
Our consensus mechanism is Permissionless, Pure Proof of Stake. It ensures full participation, protection, and speed within a truly decentralized network. With blocks finalized in seconds, Algorand’s transaction throughput is on par with large payment and financial networks. And Algorand is the first blockchain to provide immediate transaction finality. No forking. No uncertainty.
The era of a decentralized, borderless economy is here. Algorand is the foundation. Now what will you build?
Algorand has once again proposed a major protocol upgrade that significantly expands the range of decentralized applications (DApps), decentralized finance (DeFi) solutions, and processes that can be built on the Algorand platform. With this new suite of features all built directly into Layer-1, enterprise-scale distributed apps can be created without sacrificing performance or security.
The Algorand node repository is open sourced and publicly available for anyone to audit, use, and build upon. The platform is founded in principles of transparency, inclusivity, and collaboration and maintained by a dedicated community with a shared vision of a decentralized, borderless future.
Algorand has a diverse global group of partners representing the technology, venture capital, cryptocurrency, and financial services communities. Check out some the exciting Algorand use cases.