Why SMART People Invest In Algorand | ALGO Explained (CRYPTO)
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If you are looking up the best cryptocurrencies, then Algorand should definitely be on your radar. Algorand debuted in 2017 and became one of the most powerful smart contract networks. Since its inception, it gained the attention of plenty of investors and raised $60 million during its public coin sale and another $200 in 2017. Algorand provides better scalability, security, and decentralization without even sacrificing anything.
Algorand provides a platform for businesses to grow while promising several features. Unlike Proof of Work, Algorand’s blockchain can never be forked because two blocks can never be added at the same time, and on top of that, two different users can never be convinced to accept two different blocks. This makes sure that a user’s balance remains secure. This no fork policy offers full finality, which ensures that once a block is attached it becomes absolute.
Make sure to watch till the end of the video to find out everything you need to know about Algorand!
Keep in mind that we do not provide personal investment advice. Make sure to always do your own research before making any form of investment.
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