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21045246 No.21045246 [Reply] [Original]

where my algochads at? we are about to go back to 40c

>> No.21045287

>>21045246
What does this shit do

>> No.21045357

Algofaggot reporting in, take my bags

>> No.21045393

>>21045357
it solves the blockchain algorithm problem

>> No.21045483
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21045483

>>21045287
it is a very fast and efficient network that runs on a slightly different version of proof of stake called pure proof of stake. In my mind it is somewhere in between what ETH is working on for proof of stake and something like EOS' delegated proof of stake. staking is already available for this coin if you hold your tokens in the official wallet. the team and backing from MIT and other ivy league universities is what sets it apart in my opinion

>> No.21045787

>>21045483
Neat. Why algo over xlm or xrp?

>> No.21045790

Algorand has more use cases than most of the current top 10 (by total supply valuation)+ It has more advanced and better product, Fair value should be 1$ atm imo.

>> No.21046088

>>21045787
>>21045790
I am not an expert but I believe XRP and XLM are both mainly used as a currency that you can transfer internationally right? Algorand do that as well with high TPS but you can also program smart contracts on top of it, like ethereum. this allows for many more potential use cases than just as a currency. it is also more decentralized than XRP or XLM. as an investor it is nice to earn compounded rewards via staking

>> No.21046125

>>21045483
>>21046088
Interesting, thanks for the info

>> No.21046496

>>21045246
the memes are shit tier for Algo, I gotta say. Is this coin unmemeable? I have a feeling that it will be what most current fortune 500 companies convert to, when they need to use a blockchain solution.
t.algo mini chad

>> No.21046537

>>21046088
checked. staking is what I love about it. I just open *The official Algorand™ Wallet" and collect my stakies. maybe Nasdaq will use it to issue shares (or other tokenized things).

>> No.21046556

>>21045246
AAAAAAAAAAAAaaaaaaahh

>> No.21046712

I currently own a small amount of Linkies, really don't wanna risk it with XRP. Is Algo worth it as a small investment?

>> No.21046914

>>21046712
ultimately that is your call.I do believe that we have established a pretty solid floor for the price, there isn't too much downside but there is huge potential for growth.

>> No.21047658

The memes are shit