Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: U on March 07, 2018, 03:55:04 PM



Title: Algorand
Post by: U on March 07, 2018, 03:55:04 PM
how about this coin and how to invest?
https://arxiv.org/pdf/1607.01341v9.pdf


Title: Re: Algorand
Post by: manoj6233 on March 07, 2018, 04:15:32 PM
The figurehead for Algorand is Silvio Micali, winner of the 2012 ACM Turing Award. Micali has the perfect background for cryptocurrency and blockchain advances: he was instrumental in the development of many of the cryptography building blocks, has published works on game theory and byzantine agreement, and even launched a micro-payments startup (acquired in 2007). When Micali saw Bitcoin, he thought it could be improved — Algorand is the result of that quest. I found Micali’s recent


Title: Re: Algorand
Post by: ulhaq on April 24, 2018, 03:09:31 AM
Looks very interesting and has a top-notch team behind it, and things to like about it, but I have several questions/concerns.

They make clear their dislike for private currencies:
Quote
Algorand works efficiently and securely evenin a totally permissionless environment, where arbitrarily many users are allowed to join the system at any time, without any vetting or permission of any kind. Of course, Algorand works even better in a permissioned environment.

Quote
The (pseudo) anonymity offered by Bitcoin payments may be misused for money laundering and/or the financing of criminal individuals or terrorist organizations

However, anonymity can also protect users from illegal seizures and bad actors.


It claims to solve all 3 problems of security, scalability, and decentralization, eg claiming that transactions of any size can be done, but since it is blockchain-based, there is going to be a limit to the number of transactions per block, and hence transaction costs go up. Else they have many blocks but that should become a storage problem at some point? 


Aspects I like:
Forks cannot occur.
From a business perspective, they have the right approach in maintaining the privacy of the roadmap: https://www.algorand.com/roadmap/
Top-notch team that not only includes programmers, but economic and cryptocurrency advisors.


Title: Re: Algorand
Post by: canibalgb on September 11, 2018, 02:22:48 AM
There is no Algorand coin yet?  when will it be created?


Title: Re: Algorand
Post by: Padma khanal on January 08, 2019, 02:47:09 PM
Hello, you have been added on tropyc, please review:
 https://tropyc.co/ico/algorand
The community can also add an opinionated review and earn TCR assets from it by adding their own rate:
 https://tropyc.co/ico/algorand/reviews


Title: Re: Algorand
Post by: elitecstrike on June 21, 2019, 09:23:33 AM
Algorand (ALGO) is now available on KuCoin, you can deposit now. Supported trading pairs include ALGO/BTC, ALGO/ETH and ALGO/USDT. Trading will start at 11:00 on June 21, 2019 (UTC+8) and withdrawal opening date will be announced separately. https://twitter.com/KuCoinUpdates/status/1141734746986287104


Title: Re: Algorand
Post by: eagleman on June 21, 2019, 09:40:55 AM
It's surprising that this coin, I saw on the recently added page of coinmarketcap.
This means that it's not really new and it's has been planned since last year.
The hard work of devs and everyone involve to this coin is now being harvested, it has a huge market cap and volume.


Title: Re: Algorand
Post by: travwill on June 21, 2019, 10:52:49 AM
Only a few days have passed and the project is already on more than 5 top exchanges and I am not talking about small exchanges. This is how real marketing should work.


Title: Re: Algorand
Post by: 10xLeverageTrader on June 24, 2019, 03:22:05 AM
Only a few days have passed and the project is already on more than 5 top exchanges and I am not talking about small exchanges. This is how real marketing should work.


The price dumped like crazy


Title: Re: Algorand
Post by: JeffBrad12 on June 24, 2019, 05:04:24 AM
Only a few days have passed and the project is already on more than 5 top exchanges and I am not talking about small exchanges. This is how real marketing should work.


The price dumped like crazy
It caused by the price for each algorand is overpriced. I guess we will see those investors will be rushing to cash out their money from algorand and then try to search the next IEO, that looks so sad for algorand because it was getting a big dump.
This time people are aiming for more than 3x return in any investment.


Title: Re: Algorand
Post by: jhdltn on December 02, 2019, 04:51:11 PM
I bet algo will go crazy since its listed on Atomars as well, didn't get the hype when it was listed on top exchanges before but I got all excited when it came here lol  ;D

here's the listing news: https://medium.com/@AtomarsExchange/a-general-overview-of-algorand-algo-e591a7927945?source=search_post---------1