$$ \newcommand \BonusBaseAmount {B_{b,\mathrm{base}}} \newcommand \BonusBaseRound {B_{b,\mathrm{start}}} \newcommand \BonusDecayInterval {B_{b,\mathrm{decay}}} \newcommand \MaxTimestampIncrement {\Delta t_{\max}} \newcommand \MaxTxnBytesPerBlock {B_{\max}} \newcommand \MaxVersionStringLen {V_{\max}} \newcommand \Heartbeat {\mathrm{hb}} \newcommand \Fee {\mathrm{fee}} \newcommand \PayoutsChallengeBits {\Heartbeat_\mathrm{bits}} \newcommand \PayoutsChallengeGracePeriod {\Heartbeat_\mathrm{grace}} \newcommand \PayoutsChallengeInterval {\Heartbeat_r} \newcommand \PayoutsGoOnlineFee {B_{p,\Fee}} \newcommand \AccountMinBalance {A_{b,\min}} \newcommand \DefaultUpgradeWaitRounds {\delta_x} \newcommand \MaxUpgradeWaitRounds {\delta_{x_{\max}}} \newcommand \MinUpgradeWaitRounds {\delta_{x_{\min}}} \newcommand \UpgradeThreshold {\tau} \newcommand \UpgradeVoteRounds {\delta_d} \newcommand \RewardUnit {U_r} \newcommand \RewardsRateRefreshInterval {\omega_r} \newcommand \StateProof {\mathrm{SP}} \newcommand \StateProofInterval {\delta_\StateProof} \newcommand \StateProofVotersLookback {\delta_{\StateProof,b}} \newcommand \StateProofTopVoters {N_\StateProof} \newcommand \StateProofStrengthTarget {KQ_\StateProof} \newcommand \StateProofMaxRecoveryIntervals {I_\StateProof} \newcommand \StateProofWeightThreshold {f_\StateProof} \newcommand \MinTxnFee {T_{\Fee,\min}} \newcommand \MaxTxnLife {T_{\Delta r,\max}} \newcommand \MaxTxnNoteBytes {T_{m,\max}} \newcommand \MaxAbsoluteTxnNoteBytes {T_{m,\mathrm{abs}}} \newcommand \PerByteTxnSurcharge {T_{\Fee,b}} \newcommand \MaxTxGroupSize {GT_{\max}} \newcommand \MaxKeyregValidPeriod {K_{\Delta r,\max}} \newcommand \MaxTxTail {\mathrm{TxTail}_{\max}} $$

$$ \newcommand \MinBalance {b_{\min}} \newcommand \Asset {\mathrm{Asa}} \newcommand \MaxAssetDecimals {\Asset_{d,\max}} \newcommand \MaxAssetNameBytes {\Asset_{n,\max}} \newcommand \MaxAssetUnitNameBytes {\Asset_{u,\max}} \newcommand \MaxAssetURLBytes {\Asset_{r,\max}} \newcommand \LogicSig {\mathrm{LSig}} \newcommand \LogicSigMaxCost {\LogicSig_{c,\max}} \newcommand \LogicSigMaxSize {\LogicSig_{\max}} \newcommand \MaxAbsoluteLogicSigProgramSize {\LogicSig_{\mathrm{abs}}} \newcommand \LogicSigVersion {\LogicSig_{V}} \newcommand \MaxProposedExpiredOnlineAccounts {B_{N_\mathrm{e},\max}} \newcommand \PayoutsMaxMarkAbsent {B_{N_\mathrm{a},\max}} \newcommand \PayoutsMaxBalance {A_{r,\max}} \newcommand \PayoutsMinBalance {A_{r,\min}} \newcommand \PayoutsPercent {B_{p,\%}} \newcommand \App {\mathrm{App}} \newcommand \AppFlatOptInMinBalance {\App_{\mathrm{optin},\MinBalance}} \newcommand \AppFlatParamsMinBalance {\App_{\mathrm{create},\MinBalance}} \newcommand \Box {\mathrm{Box}} \newcommand \BoxByteMinBalance {\Box_{\mathrm{byte},\MinBalance}} \newcommand \BoxFlatMinBalance {\Box_{\mathrm{flat},\MinBalance}} \newcommand \BytesPerBoxReference {\Box_{\mathrm{IO}}} \newcommand \MaxBoxSize {\Box_{\max}} \newcommand \MaxAppArgs {\App_{\mathrm{arg},\max}} \newcommand \MaxAppBoxReferences {\App_{\Box,\max}} \newcommand \MaxAppBytesValueLen {\App_{\mathrm{v},\max}} \newcommand \MaxAppKeyLen {\App_{\mathrm{k},\max}} \newcommand \MaxAppProgramCost {\App_{c,\max}} \newcommand \MaxAppProgramLen {\App_{\mathrm{prog},\max}} \newcommand \MaxAppSumKeyValueLens {\App_{\mathrm{kv},\max}} \newcommand \MaxAppTotalArgLen {\App_{\mathrm{ay},\max}} \newcommand \MaxAbsoluteTotalArgLen {\App_{\mathrm{ay},\mathrm{abs}}} \newcommand \MaxAppTotalProgramLen {\App_{\mathrm{prog},t,\max}} \newcommand \MaxAppTotalTxnReferences {\App_{r,\max}} \newcommand \MaxAppTxnAccounts {\App_{\mathrm{acc},\max}} \newcommand \MaxAppTxnForeignApps {\App_{\mathrm{app},\max}} \newcommand \MaxAppTxnForeignAssets {\App_{\mathrm{asa},\max}} \newcommand \MaxAppAccess {\App_{\mathrm{access},\max}} \newcommand \MaxExtraAppProgramPages {\App_{\mathrm{page},\max}} \newcommand \MaxAbsoluteExtraProgramPages {\App_{\mathrm{page},\mathrm{abs}}} \newcommand \MaxGlobalSchemaEntries {\App_{\mathrm{GS},\max}} \newcommand \MaxLocalSchemaEntries {\App_{\mathrm{LS},\max}} \newcommand \MaxInnerTransactions {\App_\mathrm{itxn}} \newcommand \SchemaBytesMinBalance {\App_{\mathrm{b},\MinBalance}} \newcommand \SchemaMinBalancePerEntry {\App_{\mathrm{s},\MinBalance}} \newcommand \SchemaUintMinBalance {\App_{\mathrm{u},\MinBalance}} $$

$$ \newcommand \Account {\mathrm{Acc}} \newcommand \MaxAssetsPerAccount {\Account_{\Asset,\max}} \newcommand \MaxAppsCreated {\Account_{\App,\max}} \newcommand \MaxAppsOptedIn {\Account_{\App,optin,\max}} \newcommand \MaximumMinimumBalance {\mathrm{MBR}_{\max}} \newcommand \DefaultKeyDilution {\mathrm{KeyDilution}} $$

Parameters

The Algorand Ledger is parameterized by the values in the following tables.

For each parameter, the tables provide the reference implementation name, to facilitate the match of the specifications and the implementation.

Block

Block Rewards

Protocol Upgrade

State Proof

Transaction

Account

Asset

LogicSig

Application

1. \( \StateProofStrengthTarget = 256 \) is the value set for State Proofs of type \(0 \). Other types of State Proofs might be added in the future. \( \StateProofStrengthTarget = \mathrm{target_{PQ}} \) is set to achieve post-quantum security for State Proof. For further details, refer to the State Proofs normative specification. ↩