Bitpie crypto wallet partners with and first to support Algorand

Bitpie, a cryptocurrency wallet application, today announced a new partnership with soon to launch blockchain network, Algorand.

As the first major crypto wallet integrating Algorand network, Bitpie will be actively engaged in the Algorand ecosystem promotion and provide the ALGO token holders a comprehensive wallet service.

The two parties plan to strategically cooperate in a variety of aspects including but not limited to wallet support, all-around financial services, industrial scenarios, and marketing, etc.

Algorand is a pure proof-of-stake, permissionless blockchain network led by the 2012 Turing Award laureate Silvio Micali. It takes a promising approach to decentralization by offering a solution to the “Trilemma” (i.e., the scalability, security, and decentralization).

Algorand requires minimal computational power to join. All users who possess ALGOS, and are online, are automatically eligible to participate in block consensus.

Bitpie is a 6-year old crypto wallet boasting a wide reputation in the wallet market. It has served over 2 million cryptocurrencies holders and investors to date.