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About Algorand
Algorand is a blockchain platform designed to provide scalability, security, and decentralization simultaneously through its unique Proof of Stake consensus mechanism called Pure Proof of Stake. The network enables fast transaction finality, low fees, and high throughput, making it suitable for building decentralized applications and facilitating payments. What distinguishes Algorand is its focus on environmental sustainability, technical efficiency, and the ability to handle complex smart contracts while maintaining true decentralization without compromising on any of the core blockchain properties.
