Algorand’s unique power source is rapid and efficient user consensus, enabling even the smallest transactions, regardless of transaction volume or number of users.
For each block of transactions, Algorand randomly selects a small, one-time group of users in a safe and fair way. To protect them from attackers, the identities of these users are hidden until the block is confirmed. The size of this group remains constant as the network grows.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Even if the information showing on this page are not updated right now, I had a chance to meet the team in person and guarantee their strong knowledge and education.
The vision it's absolutely great.
Product is offering a compelling problem solving for real use cases
ICO advisor - Blockchain investor Rated on Aug 2, 2018
5
4
5
8%
Algorand is a new cryptocurrency utilizing a “Byzantine Agreement on Steroids” consensus protocol that proposes a solution for blockchain scalability, long transaction confirmation times, and the high energy consumption with Proof-of-Work (PoW) blockchains.
Thanks to their new consensus, they promise to achieve 125x the transaction throughput of Bitcoin. A test prototype is already live.
Team is impressive, especially with the presence of Silvio Micali as Founder, who is an awarded academic profile, pioneer of cryptography and consensus mechanisms. Silvio is the recipient of the Turing Award (in computer science), of the Goedel Prize (in theoretical computer science) and the RSA prize (in cryptography).
The only issue with this project are the token metrics that seem to higher than average. Nonetheless, given the potential of technology behind Algorand, this is not a major problem.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
