What is the best strategy atm for generating a paper wallet for Algorand. I want a paper wallet where the funds once purchased off an exchange can be safely stored away. I am accustomed to having a paper wallet generator, this use case may be different for ALGO. I see in the wallet a 25 word list and/or qr code but its difficult to connect this to the printer.
I'm assuming I need copy the word list into a a4 document prior to printing, is this the best use case?
I'm informed having algo in this wallet will accumulate rewards simply by sitting in this wallet, so when I reopen the wallet in ten years time, I can expect to see my original algo amount in addition to the gained APY*10. Not to be mistaken by compounded interest, will the APY yield top up the visible balance automatically without needing a transaction.
Will Algorand ever be supported by Trezor?
I have a Trezor wallet, but as far as I know Trezor doesn't support Algorand.
Is there gonna come a time when it does?
Algo looks positioned to hit .76 within 2-3 maybe 4 weeks, .72 bottom, .80 high from the looks of it. .45 held steady so to me that’s a fair bottom. Call is dependent on introduction of any new coins but looks to me like it may break 8/2/2019 high. My position on this is now Bullish. Jay Bee might be happy to hear about this. Doesn’t change my feelings on reward earning relay nodes.
This post is not financial advice. Any person investing in cryptocurrencies should seek the advice of a financial advisor. Investing in cryptocurrencies will likely result in losing all or part of your investment. Do your own research. This post is for entertainment purposes only.
New to Algo: As the title reads, I made my initial Algo purchase on CB, then I thought I might want to use the limits feature on CB Pro so I transferred it over. Turns out you can't earn rewards on Pro so now I'm considering putting it back in CB, or better yet the Algo wallet.
My question is, if I move it to the Algo wallet, does the value still move with the market? Will my Algo in the Algo wallet gain and lose value with the market + earn rewards?
Just bought 1500 tell me..in your opinion.. why this coin will succeed?
And 1 dollar possible 2021?
While browsing the news of Bitcoin taking down satoshi's white paper per Craig Wright's request, I found that the lead developer of Bitcoin who was responsible for taking down the paper was Wladimir van der Laan. This site mentions that Wladimir's salary is paid by MIT:
MIT has a Digital Currency Initiative that Wladimir, Cory Fields, AND Silvio Micali are all a part of:
This leads me to believe that a few of the core Bitcoin developers may also be a part of Algorand. I thought this was an interesting connection of dots. Any thoughts or speculation?
I recently put Algorand into the official Algorand Wallet and it was staking every few minutes. The updated staking amount would show up, but it stopped staking.
I also used a VPN on my iPhone and since then it’s stopped staking.
I switched my location to Australia, but I’m currently in the US.
Does that have anything to do with it?
Is there any troubleshooting you guys can help with?
Today, the Algorand Foundation announced that it has entered into a grant partnership with the Brixton Pound to support the development of a tokenized version of their innovative Complimentary Local Currency, called the Brixton Pound.
The team at the Brixton Project chose the Algorand blockchain due to its unmatched speed, scale, security and, critically, finality.
Is the only way to add staking rewards to my balance by sending 0.00 transaction to my wallet address?
I've seen that in order to see your staking rewards in your balance, you have to send yourself a 0.000 algo transaction. Is this the only way? I don't like the idea of having to pay 0.001 algo transaction fee to get the staking rewards added to my balance
I only have 85 algo so it seems like I need to calculate how much time needs to pass before earning enough in rewards to cover the fee. Any tips on how to figure that out?
Is the USA using the Marshall Islands as a small test to see how it performs on a small scale with the intentions of bringing Algorand to the USA if the Marshall Islands SOV is a success?
Question: I think that the Marshall Islands SOV is a private version of Algorand and I'm guessing that the USA would use that model if they choose to bring it to the USA mainland. How will the investors of Algorand benefit if the USA uses a private version of Algorand to run its future digital currency?
I'm mostly a Tezos investor but am interested to know a little more on Algorand. Where can I find resources to begin some research on Algo?
Also, can you give me some info on the points below:
Thank you. Looking forward to hearing from you all ??
Yesterday, the Algorand Foundation announced that Frontier has received a grant to support and grow the Algo DeFi ecosystem. The grant will be used to add support for the Algorand blockchain and protocols built on top of it in Frontier Application.
Frontier's core mission has always been to build a true chain-agnostic DeFi Aggregator mobile-first product. To date, Frontier supports DeFi protocols built on Ethereum, Binance Chain, Solana, TomoChain, and Cosmos. Now through this partnership Frontier will also put a focus on supporting the DeFi ecosystem on Algorand.
Algorand is excited to welcome former Managing Director at UBS and Merrill Lynch, Barry Finkelstein, to the growing Algorand team of experts, where he will head their North American Business Development and assist in Capital Market initiatives.
Mr. Finkelstein, a seasoned long time veteran in Structured Products and Fixed Income markets, will be working with new and traditional financial institutions that are ready to harness the power of blockchain to stay competitive.
Most of the information I can find online doesn’t really tell me what I need to do. Do I send algo to them do I just let it sit after it takes the fee.
Any tips on what all I should be doing would be most helpful. Also could you put it in simpler terms, if I have missed it, it was cause it wasn’t in layman’s terms.