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Algorand, a Pure Proof Of Stake blockchain, was founded to solve the main problem of blockchain technology. In the first generation blockchain, users use the Proof-of-Work algorithm, but Algorand users check their transactions through the third-generation Proof-of-Stack blockchain. Algorand, abbreviated ALGO, is open source, which allows you to invest effortlessly. Algorand has been able to solve the security and scalability problem of other networks such as Bitcoin without any forks. Algorand uses a decentralized Byzantine agreement protocol that provides high throughput, fast finalization time, and high security by using the Pure Proof of Stake model. Consensus in this network consists of 3 steps to approve and write a block: 1. Propose, 2. Soft Vote and 3. Certify Vote.