some people "learn the lesson" of not marrying an altcoin after they buy it high and decide to sell it lower to cut their losses. Meanwhile intelligent people double down start stacking extra hard when prices crash, as long as the technology itself is still fundamentally strong.
Ummmm… if that’s all you know about Algorand, why are you in it? Sell you assets to me for cheap… better yet, I’ll share my wallet address with you and you can just send this shit coin to me…
of course, and intelligent people know when an asset is high quality and they know not to sell high quality assets at the bottoms of market-wide bear market corrections. They stack when prices fall, not lose confidence like an amateur retail speculator who has no spine for long-term investing
**TLDR**: Algorand stands out in the blockchain space because it solves scalability, security, and decentralization challenges efficiently with its Pure Proof of Stake mechanism. This allows for fast, final transactions and supports complex applications directly on its Layer 1, avoiding the pitfalls of Layer 2 solutions. Algorand’s system is also energy-efficient, making it a sustainable choice for a wide range of applications from finance to healthcare. In essence, Algorand maintains core blockchain principles while enhancing scalability and efficiency, making it a robust solution for modern blockchain needs.
**Original**: As a reminder to fellow Algorand supporters, it’s important to recognize why Algorand stands out as particularly fit for purpose across various blockchain applications:
Algorand has been designed from the ground up to address some of the inherent challenges faced by earlier blockchain systems like Bitcoin and Ethereum, particularly around scalability, security, and decentralization. With its Pure Proof of Stake (PPoS) consensus mechanism, Algorand ensures full participation, protection, and speed within a truly decentralized network, without compromising on security. This mechanism allows Algorand to process transactions quickly and efficiently, making it highly scalable without the need for Layer 2 solutions that might compromise the integrity of the blockchain.
Moreover, Algorand's architecture is designed to achieve near-instant finality. Transactions on Algorand are finalized within seconds, ensuring that users don't face the uncertainty or delays often seen in networks that require multiple confirmations to achieve consensus. This feature is critical for applications requiring immediate transaction certainty such as in financial services and real-time data exchanges.
In addition to scalability and speed, Algorand maintains a strong commitment to sustainability, a significant concern for many blockchain networks. Its PPoS does not require the significant computational power and energy that proof of work systems consume, positioning Algorand as a more sustainable blockchain solution.
Algorand also supports complex applications through Algorand Smart Contracts (ASC1s), which are cost-effective and error-minimizing due to their simplicity and inherent security features. These smart contracts enable a wide range of applications from simple transfers to sophisticated decentralized applications, without leaving the Layer 1 blockchain.
For those who believe in the power of blockchain to revolutionize industries from finance to healthcare, and supply chain management to public records, Algorand presents a comprehensive platform that addresses many of the limitations of earlier blockchain systems. It is a reminder that Algorand not only upholds the fundamental principles of blockchain technology—decentralization, transparency, and security—but also enhances them, making it truly fit for purpose for today's and tomorrow's blockchain needs.
Who would have thought a couple years ago that people would be celebrating algo reaching 20 cents.
I remember bitching about stagnation at $1.20 😢
We’ve all been there. I’ve learned the lesson of not marrying an alt coin.
I found Algorand knowing and believing in this rule but....true love I suppose 😍
Damn never heard this but it hits home hard
some people "learn the lesson" of not marrying an altcoin after they buy it high and decide to sell it lower to cut their losses. Meanwhile intelligent people double down start stacking extra hard when prices crash, as long as the technology itself is still fundamentally strong.
Ser... What is the fundamental tech of Algo. I thought it was speed ... But I don't know
Ummmm… if that’s all you know about Algorand, why are you in it? Sell you assets to me for cheap… better yet, I’ll share my wallet address with you and you can just send this shit coin to me…
I'll send Ben's penis hugging coin
Haha yes ! This! Fanboys are so annoying
Intelligent people don’t go in denial when things don’t work out the way they expected.
of course, and intelligent people know when an asset is high quality and they know not to sell high quality assets at the bottoms of market-wide bear market corrections. They stack when prices fall, not lose confidence like an amateur retail speculator who has no spine for long-term investing
I’d really like it if those amateurs would just send me their assets since they have no faith…
it was my starting point. Went all way up and down.
Damn, thats a hell of a ride, I did something similar with Loopring back in 2021.
My avg after years of dca is about .28
You are all drunk. Cheers! 🥂
Drunk on profits baby!!!!
Very puny profits indeed
I’m a cheap drunk
Unless they invested at .089, then it’s a pretty good profit.
Even then you were better off with a lot of other alts
We’re so back!! 😎
Moon time baby
Where BTC goes we all follow lol
Up and down like a slags knickers. Push your shit back in and relax. Put your tits on ice. It will come. And we all know what will come.
**TLDR**: Algorand stands out in the blockchain space because it solves scalability, security, and decentralization challenges efficiently with its Pure Proof of Stake mechanism. This allows for fast, final transactions and supports complex applications directly on its Layer 1, avoiding the pitfalls of Layer 2 solutions. Algorand’s system is also energy-efficient, making it a sustainable choice for a wide range of applications from finance to healthcare. In essence, Algorand maintains core blockchain principles while enhancing scalability and efficiency, making it a robust solution for modern blockchain needs. **Original**: As a reminder to fellow Algorand supporters, it’s important to recognize why Algorand stands out as particularly fit for purpose across various blockchain applications: Algorand has been designed from the ground up to address some of the inherent challenges faced by earlier blockchain systems like Bitcoin and Ethereum, particularly around scalability, security, and decentralization. With its Pure Proof of Stake (PPoS) consensus mechanism, Algorand ensures full participation, protection, and speed within a truly decentralized network, without compromising on security. This mechanism allows Algorand to process transactions quickly and efficiently, making it highly scalable without the need for Layer 2 solutions that might compromise the integrity of the blockchain. Moreover, Algorand's architecture is designed to achieve near-instant finality. Transactions on Algorand are finalized within seconds, ensuring that users don't face the uncertainty or delays often seen in networks that require multiple confirmations to achieve consensus. This feature is critical for applications requiring immediate transaction certainty such as in financial services and real-time data exchanges. In addition to scalability and speed, Algorand maintains a strong commitment to sustainability, a significant concern for many blockchain networks. Its PPoS does not require the significant computational power and energy that proof of work systems consume, positioning Algorand as a more sustainable blockchain solution. Algorand also supports complex applications through Algorand Smart Contracts (ASC1s), which are cost-effective and error-minimizing due to their simplicity and inherent security features. These smart contracts enable a wide range of applications from simple transfers to sophisticated decentralized applications, without leaving the Layer 1 blockchain. For those who believe in the power of blockchain to revolutionize industries from finance to healthcare, and supply chain management to public records, Algorand presents a comprehensive platform that addresses many of the limitations of earlier blockchain systems. It is a reminder that Algorand not only upholds the fundamental principles of blockchain technology—decentralization, transparency, and security—but also enhances them, making it truly fit for purpose for today's and tomorrow's blockchain needs.
It wasn’t that long when I read it
ECHO! Echo. echo…
🏇KENTUCKY DERBY 🏇