ALGO is a native cryptocurrency of the Algorand blockchain network. This altcoin aims at pioneering the first transparent, unrestrained and fair PoS blockchain protocol which will be able to ensure a high level of privacy, scalability and anonymity without forking. Recently the ALGO team has released ALGORAND 2.0 protocol upgrade which provides the preconditions for the next generation of digital financial platforms. Algorand project’s key goal is to create a blockchain that brings real benefits to the economy. According to the team, ALGO will improve the efficiency of existing financial institutions and open new markets that cannot exist without a decentralized, unlimitedly scalable instrument.