Algorand aims to solve the blockchain trilemma of achieving scalability, security, and decentralization by using a pure proof-of-stake protocol. It provides funding for projects building on its blockchain through grants and bounty programs to support use cases across research, education, communities, and finance. Examples of funded projects include Algorand Builder for interacting with smart contracts, an SAP connector from Mentat Innovations, and PlanetWatch's air quality ledger.

1. Why Algorand doesn’t suck
Addie Wagenknecht
Director of Technical Ecosystems and Venture
Algorand Foundation
twitter: @wheresaddie

3. Q: Now I know that blockchain can aim to solve specific problems. Why is it
important to know (at least a bit) about blockchain?
Note: Please bear with any simplifications that I make. These concepts and algorithms have a lot of research
behind them. I will include some resources if you wish to have a deeper understanding.

6. *Sources: McKinsey, Fundstrat, Bloomberg, PwC
Consensus Project Security Decentralization Scale
Trilemma
Solved
Proof of Work
DPoS
[Delegated]
BPoS
[Bonded]
PurePoS

7. help..

8. transaction
two parties agree to exchange a token, coin,
asset
verification
this will join other agreements in a que to
create a new block, i.e. VRF
consensus
once the majority of computers agree it’s valid
(yah math proofs) it creates the block
receipt
referred to as a hash- this is a unique line of
numbers which verifies its valid
done
the hash is sent to the two parties who
started this all.. it’s done

9. Supported SDKs:
java
python
go
java
rust
pyteal

10. ok, this gives me an
idea, now what

11. *Sources: McKinsey, Fundstrat, Bloomberg, PwC
Funding Routes:
Grants: Accelerators et all:
• Supports real-world use-cases that have high potential
for driving mainstream adoption and enabling borderless
society. This includes research, education, community
and financial apps amoung others
Dev Awards: Bounties:
● The application or project has to be fully completed,
but it must demonstrate working technology on the
Algorand blockchain.
● supports early stage seed funding and venture for startups and
developers looking to launch on the consumer or enterprise
spaces
● Encode Club and Berkeley Blockchain Accelerator
● Go to the issue page
● Find the ones that are still labeled
Open and reply the issue with the
necessary information
(Or submit your own ideas using
the templates)
● Work on the task and complete it
before the deadline
● Submit a pull request for review
(as specified by the task)
● Get your bounty and HODL

12. *Sources: McKinsey, Fundstrat, Bloomberg, PwC
a few projects we’ve supported:
• Algorand Builder: A suite of apps including REPL (console Read-Eval-Print-Loop) to quickly and easily interact with ASA’s and Smart Contracts.
An Integrated testing framework, boilerplates, and documentation improvements.
• Mentat Innovations: Development of an open-source SAP connector and Enablement API to the Algorand blockchain.
• PlanetWatch: Development of a global air quality ledger, storing data gathered from air quality sensors onto the Algorand blockchain, and
subsequently reward contributions to the ecosystem by distributing the PLANET token, a utility token, to sensor owners.
• Uncommon Creative: A vision of a global future of digital agreements managed via Algorand Smart Contracts.

13. Contact:
• addie @ algorand.foundation
• discord the algorand forums.. !
• twitter and misc social: wheresaddie
………………………………. any questions?