A L G O Due Diligence

A l g o r a n d Due Diligence -

A L G O is the only blockchain to have Pure proof of stake in it's base layer. This technology in the blockchains first base layer, makes the blockchain more secure, scalable and decentralized then proof of work or the standard proof of stake currently being implemented into ETH and the others. These transactions are extremely fast, (2.0 is on par with CC transactions) the fees are also negligible, and it's safer than any other Crypto blockchain currently on the market.

Here are some of the financial comparisons:

• As of 8th Sept, 2021, $9.4B Market cap. Currently Circulating supply is 5.2B

• Max number of shares ever is 10b.

• A L G O has a 6% yield earned in A L G O as you hold it so it continuously grows coins in the account over time. No extra steps needed to get this 6%+ APY

• Currently ranked number 19th by market cap- Blockchain 3.0 technology built in that prevents forks

• Pure proof of stake blockchain. The world's first.

-Finalizes blocks in seconds, so it's very fast.

• Secure transaction with the algorithm verifying transactions. Can't 51% attack this blockchain

• Highly customizable smart contracts

• Customizable tokens

• Atomic transfers secure contract's multiple parties built in

• The first stable coin was built on this A L G O.

• The world's first Sovereign Countries money coin was created on A L G O.

In June 2020, Chainalysis, the blockchain analysis company, announced a partnership with the A l g o r a n d Foundation, the stewards of A l g o r a n d, the world's first, permissionless, Proof of Stake blockchain, that offers an open, global platform for building products and services in a Borderless Economy. Once the integration is complete, the A l g o r a n d Foundation will use Chainalysis KYT (Know Your Transaction) for transaction monitoring and compliance processes and Chainalysis Reactor for enhanced due diligence and investigations for the A L G O, its native token. This partnership will help in for Anti Money Laundering compliance solution.

A l g o r a n d has been created to provide new technologies to the Crypto world. In coming years, it will be successful to do that.

This post was removed yesterday by bots, because there was already 2 posts about A L G O in top 50. But none of them was explaining the project. And bots decided to remove this post. So I am reposting it again here. It takes work. Please share your thoughts below.

And most importantly, this is not a financial advice.