The Algorand team announced via Twitter on Tuesday that the Pera Web wallet is now live. The Pera Web wallet makes it easier for users to manage their Algorand accounts and interact with the ecosystem using its open-source web application. The team added that users can now make transactions on the Algorand network with their Pera Web Wallet.
Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products.” As such, Algorand ensures "full participation, protection and speed within a truly decentralized network." ALGO is trading at $0.2398 at press time, down by more than 7% in the last 24 hours.