A deeper look into Algorand: The basics

Garrett Vorce
3 min readApr 26, 2021

Algorand aims to solve the three main problems faced by blockchains, called the blockchain trilemma.

Mission

Algorand is the decentralized infrastructure that runs Algo and other Algorand Standard Assets (ASA). These assets can come in the form of fungible tokens, NFT’s, stable coins, etc.

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