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Algorand Foundation

Entity Type
Non Profit
Links
Website Twitter LinkedIn
Industry
Information Technology & Services
Location
Singapore
Founding Date
2019
Parent Entity
Algorand

Algorand Foundation empowers a dynamic, inclusive, and borderless global ecosystem. Leveraging the Algorand protocol and open source software, the foundation is focused on protocol governance, token dynamics, and supporting grassroots, open-source development on the Algorand ecosystem. Algorand Foundation fosters an open and transparent system where anyone can participate, develop, and innovate on the permissionless Algorand protocol guided by the vision of an inclusive economy.

Staci Warden

2022 - present

ALGORAND FOUNDATION FEATURES

  • 6,000 TPS. 3.6 second settlement finality

  • Negligible energy consumption, and smart contracts buy carbon offsets to ensure total footprint is zero

  • Pure POS consensus with VRF technology delivers unsurpassed cryptographic security

  • Algorand has decentralized consensus and governance mechanisms

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

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