Glossary

algod

The core Algorand node daemon ('algo daemon') and its REST API: the live source of truth for the current state of the chain — latest round, account balances, asset parameters — and the endpoint through which you submit new transactions to the network. It does not store searchable history; for that you use an indexer.

Related stories

• Derova.algo's dashboard tracks one Algorand node's pending pool and the next state proof Derova.algo's free dashboard shows one Algorand node's pending transaction pool live, plus the last 20 blocks, node health and a countdown to the network's next state proof. No wallet needed — but the pool count is one node's view, not the network's.
• Réti Open Pooling now holds 725M ALGO staked by 8,693 users across 225 validators Réti, Algorand's permissionless staking protocol, now locks 725M ALGO from 8,693 stakers across 225 validators — more than double all of the chain's other core DeFi — while its Foundation-hosted contracts sit outside Foundation governance.
• Runtime Verification proved Algorand can't fork — its KAVM tool has been idle since 2023 Runtime Verification machine-checked Algorand's no-fork safety in Coq and audited 13 ecosystem projects in 2021-22, then shipped KAVM for smart-contract proofs — a tool idle since August 2023.