MyAlgo Project Introduction, Team, Financing and News

Performances

RD Popularity Index

3835.71% (24h)

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Project Rank: 1494/15394

RD Growth Index

0100200300400500

Project Rank: --/15394

Comparison

Event Calendar

Feb 28, 2023

MyAlgo suffered a security incident, resulting in approximately 9200000 USD in losses.

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People

Details

MyAlgo is a non-custodial web wallet on the Algorand blockchain, developed by Rand Labs, for managing ALGO and Algorand Standard Assets (ASA). Users can create or import accounts directly in a browser, with private keys encrypted and stored locally, never passing through third-party servers. It supports sending and receiving tokens, managing NFTs, participating in Algorand governance voting, and is compatible with Ledger hardware wallets and multi-signature accounts. For dApp interaction, MyAlgo provides the MyAlgo Connect library, allowing developers to integrate via JavaScript for transaction signing and account connection; it also supports the WalletConnect protocol for mobile pairing. Users open the MyAlgo website in a browser, set a password, generate a mnemonic, import an account, and then perform asset operations. Its core mechanism is local private key management and transaction signing, ensuring users retain full control over their assets.

Tags:

Infra

Wallet

Ecosystem(1):

Algorand

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