Algorand: Where is ALGO Headed? My Take!! πŸ€”

Algorand: Where is ALGO Headed? My Take!! πŸ€”

!!! DO NOT MISS !! Algorand: Where is ALGO Headed? My Take!! πŸ€”

Algorand: Where is ALGO Headed? My Take!! πŸ€”

  • TIMESTAMPS - 0:00 Intro 1:58 Algorand Recap 5:00 Algorand Updates 7:44 ALGO Updated Tokenomics 10:35 ALGO Price Analysis 13:46 Algorand CBDC Potential 17:23 Conclusion

πŸ“Ί The video in this post was made by Coin Bureau ️ The origin of the article: https://www.youtube.com/watch?v=7NdjivxrDoc

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What the hell is Algorand? They are a scalable, secure, and decentralized cryptocurrency and smart contract platform. They’ve developed their own consensus mechanism that is a variant of proof of stake called pure proof of stake(TM). The main benefit of this is that Algorand technology finalizes blocks in seconds and provides immediate transaction finality. While preventing forks. Furthermore, Algorand offers highly customizable smart contracts as asset tokenization and atomic transfers built directly in layer 1. I’ll come back to all of this tech in a bit. What is Algorand (ALGO) | What is Algorand coin | What is ALGO coin

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