Classifying Algorand according to the International Classification Framework (ITC)

The Blockchain Trilemma

The Blockchain Trilemma: (1) decentralization, (2) security, (3) scalability.
Figure 1: The Blockchain Trilemma (source:

Current consensus mechanisms

Pure Proof of Stake (PPoS)

Smart Contracts on Algorand

The classification of ALGO according to the ITC:

Figure 2: The ALGO Tokenbase entry (source:

The International Token Standardization Association (ITSA) e.V.


Algorand cover photo



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