Algorand (ALGO) is a blockchain platform designed to create decentralized applications and payment systems with high transaction speeds and low fees. Founded by MIT professor Silvio Micali, Algorand uses a Pure Proof-of-Stake (PPoS) consensus mechanism that provides security and decentralization to the network while allowing users to participate in block creation and voting on proposals. The platform is also focused on scalability and sustainability, with an emphasis on minimal energy consumption. Thanks to these characteristics, Algorand is attracting the attention of developers and businesses looking to use blockchain technologies for their solutions.