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Algorand

Table of Contents
  • What is Algorand?
    • "Algorand is a decentralized network built to solve the Blockchain Trilemma of achieving speed, security, and decentralization simultaneously."
  • Profile
  • Node Requirements
    • Looking to roll your own node? Here is what's required.
  • 5 Year Outlook
    • Based on our research at StaaS Fund, here are the long term expectations for this asset.

What is Algorand? #

“Algorand is a decentralized network built to solve the Blockchain Trilemma of achieving speed, security, and decentralization simultaneously.” #

Cost To StakeAPR Per Node
$20M+7%+​

Profile #

  • Launched in 2019​
  • Current Market Cap: $3,256,369,895​
  • Designed for decentralization, scalability, and security​
  • Currently has 426 validator nodes staking​
  • Requires 14,488 ALGO to stake a node (least staked active validator)​
  • Staking produces 15.9% APR returns on ALGO staked ​
  • Natively support delegated staking​
  • Destaking/Unbonding: 21 days​
  • Slashing/Penalties: Downtime loses 0.01% of funds staked. Double-sign loses ect. 5%​
  • Supports Smart Contracts​
  • Supports NFTs​
  • Centralized control​

Node Requirements #

Looking to roll your own node? Here is what’s required. #

  • 34 GHz equivalent CPU (Clock * (Cores + Hyper threads))​
  • 16 GB RAM​
  • 500 GB+ SSD​
  • 10 Mbps Up/Down ​

5 Year Outlook #

Based on our research at StaaS Fund, here are the long term expectations for this asset. #

  • Cost to create/buy/sell NFTs is competitive​
  • Proven smart contract and NFT platform rapidly growing​
  • Adoption will increase significantly​
  • Distinguished in user/developer first experience with interoperability​

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Updated on December 1, 2022
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Table of Contents
  • What is Algorand?
    • "Algorand is a decentralized network built to solve the Blockchain Trilemma of achieving speed, security, and decentralization simultaneously."
  • Profile
  • Node Requirements
    • Looking to roll your own node? Here is what's required.
  • 5 Year Outlook
    • Based on our research at StaaS Fund, here are the long term expectations for this asset.
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