Bitcoin Cash (BCH) – appeared as a result of Bitcoin fork. The reason for this fork was the great popularity of Bitcoin – the blocks in the Bitcoin blockchain began to fill up too quickly. This resulted in lower transaction speeds and increased the load on the miners too much and made Bitcoin more difficult to scale.
Algorand is a powerful blockchain platform with cheap and fast cryptocurrency transfers. It has its own consensus algorithm – Pure Proof-of-Stake (PPoS), supports the issuance of digital assets, decentralized applications and smart contracts.
Algorand was founded in 2017 in Boston by Silvio Micali. The company was able to attract $4 million in investments. The main investors were 2 companies – uniоn Square Ventures and Pillar Ventures.