# Algorand

**Published by:** [nanjak.eth](https://paragraph.com/@nanjak/)
**Published on:** 2023-08-06
**URL:** https://paragraph.com/@nanjak/algorand

## Content

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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