User:Nanophyto/sandbox

= Algorand = Algorand is a fully decentralized, secure, and scalable blockchain which provides a common platform for building products and services for a decentralized economy. Algo (ALGO) is the native cryptocurrency on the Algorand network.

Algorand was founded by Silvio Micali, recipient of the Gödel Prize (1993), a Turing Award (2012) and an ACM Fellowship (2017). Algorand is managed by the Algorand Foundation, based in the Republic of Singapore.

The first version of the Algorand white paper was published in 2016. After securing funding from Pillar and Union Square Ventures the Algorand Testnet was launched on July 20, 2018 and the Mainnet was launched on June 05, 2019. Algorand smart contracts are build with Teal which can interpret Python, JavaScript and others. No knowledge of an additional programming language is thus neccesary to build on the Algorand network.

Algorand layer-1 supports Smart Contracts, Standard Assests, and Atomic transfers.