Powered by consensus.

Algorand is a scalable, secure and decentralized digital currency and transactions platform.

We are excited to announce the upcoming release of our test network!
Check out our recent blog post for more details. Let us know if you want to participate.

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Algorand’s unique power source is rapid and efficient user consensus, enabling even the smallest transactions, regardless of transaction volume or number of users.

Scales to billions of users.

For each block of transactions, Algorand randomly selects a small, one-time group of users in a safe and fair way. To protect them from attackers, the identities of these users are hidden until the block is confirmed. The size of this group remains constant as the network grows.
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Secure.

Any currency representing a significant fraction of the world’s money will be attacked at the user level, the protocol level, and the network level. Algorand remains secure in the face of attacks.
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No computational waste. Low transaction costs.

Confirming transactions with Algorand does not require solving cryptographic puzzles. The consensus protocol is both computationally and energy efficient, which keeps transaction costs low. With no heavy lifting, even small players can transact.
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No forks. Fast and final.

Transactions are confirmed within seconds, and transferred money is immediately available.
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No censorship. Transaction neutrality.

Algorand is truly decentralized. Every decision is reached by consensus and represents the will of the majority. All transactions are created and treated equally, regardless of size.
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Frictionless evolution.

Algorand’s unique consensus protocol allows the system to evolve and meet the future needs of the community, whether those changes are technical or monetary, without hard forks.
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How Algorand’s Consensus Protocol Works