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Algorand - ALGO/PLN

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Algorand price (ALGO)
PLN 0.79
-3.42%
0.7890.7980.8080.8170.8271:353:355:357:359:3511:351:353:355:357:359:3511:35

Highest Price (24h):

0.825 PLN

Lowest Price (24h):

0.79 PLN

Volume (24h):

913.873 PLN

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Algorand (ALGO)

Algorand is a decentralized blockchain technology network, with its native currency being known as ALGO.

The idea behind Algorand was to combine features of mainstream, well-established
cryptocurrencies-such as decentralization, transactions without a central authority, and easy-to-divide tokens, but with added speed and less computing power necessary to run the system.

One thing that makes Algorand distinctive is its use of “pure-proof-of-stake”. This is a distinct from “proof of work,” where the blockchain is maintained through computers solving complicated math problems in order to generate new blocks and confirm transactions. With pure-proof-stake, transactions and new blocks can happen faster and more efficiently. Algo holders are randomly selected, who then “validate and approve” each subsequent block in the chain. This group of users is randomly selected every time there's a new block.

This process allows the Algorand blockchain to be global, decentralized, and secure, according to the network's developers. The more Algo a user holds, the more likely they are to be selected to verify and validate new blocks and transactions. This process allows Algorand to approve and process transactions in seconds, as opposed to minutes with Bitcoin

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Orderbook ALGO/PLN

Buy orders-BID

Exchange rateAmount ALGOPrice PLN
0.796,042.004,773.18
0.78963.30798549.95
0.7882,588.002,039.34
0.7856,369.4267525,000
0.78122,240.92464717,370.16

Sell orders-ASK

Exchange rateAmount ALGOPrice PLN
0.7951,052.00836.34
0.799583.00465.82
0.8473,000.002,541
0.8489,462.7223148,024.39
0.857.2719996.18
Exchange rate
0.79
Amount ALGO
6,042.00
Price PLN
4,773.18
Exchange rate
0.789
Amount ALGO
63.307985
Price PLN
49.95
Exchange rate
0.788
Amount ALGO
2,588.00
Price PLN
2,039.34
Exchange rate
0.785
Amount ALGO
6,369.426752
Price PLN
5,000
Exchange rate
0.781
Amount ALGO
22,240.924647
Price PLN
17,370.16
Exchange rate
0.795
Amount ALGO
1,052.00
Price PLN
836.34
Exchange rate
0.799
Amount ALGO
583.00
Price PLN
465.82
Exchange rate
0.847
Amount ALGO
3,000.00
Price PLN
2,541
Exchange rate
0.848
Amount ALGO
9,462.722314
Price PLN
8,024.39
Exchange rate
0.85
Amount ALGO
7.271999
Price PLN
6.18