What is Algorand? #
“Algorand is a decentralized network built to solve the Blockchain Trilemma of achieving speed, security, and decentralization simultaneously.” #
| Cost To Stake | APR 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
