# Algorand

By [nanjak.eth](https://paragraph.com/@nanjak) · 2023-08-06

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ALGO is fast.  
ALGO is secure.  
ALGO is scalable.  
ALGO has ~zero gas fees.  
ALGO has state proofs.  
ALGO has AVM.  
ALGO has no forks.  
ALGO has solved the blockchain trilemma.  
ALGO is quantum secure.  
ALGO is carbon negative.  
$ALGO has a limited supply.  
ALGO has 3 sec. finality.  
ALGO had no downtime ever.  
  
Read that again. ALGO was invented by Silvio Micali, professor at the MIT and Turing Award Winner for his achievements in cryptography.

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*Originally published on [nanjak.eth](https://paragraph.com/@nanjak/algorand)*