Algorand Educate: Layer 1

On Friday 6th May we were delighted to host the Layer 1 event that's a part of the Algorand educational series. This was the second of two events dedicated as an introduction to the basics of the Algorand Protocol. ☀️ A huge thank you to Ryan Fox and Russell Fustino from Algorand for being a part of this event! 🎓 Details and slides are available here: https://medium.com/encode-club/algorand-educate-layer-1-video-slides-a4aabe2306aa?source=friends_link&sk=41ea46438dfaa1c7c11e658b09969265 The purpose of Encode x Algorand partnership is to educate people about Algorand and get them building! This will later be converted into a dedicated online learning resource for future learners to study in their own time. About Encode Club Encode Club is an online blockchain education platform onboarding talented people into the crypto space. We work with leading companies, networks, communities and universities. We educate people by way of events, workshops, courses hackathons, accelerators and bootcamps. We also have a separate investment fund and recruitment arm. For more information visit our website: https://www.encode.club/​​​​ Join the Community 🐥 Encode Twitter: https://twitter.com/encodeclub 🗣 Encode Discord: https://discord.gg/k32RTEptXc About Algorand Algorand builds technology that accelerates the convergence between decentralized and traditional finance by enabling the simple creation of next-generation financial products, protocols, and exchange of value. Find out more: https://www.algorand.com/ About Algorand Foundation The Algorand Foundation is dedicated to helping fulfil the global promise of the Algorand blockchain by taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem. Read more: https://algorand.foundation/ Timestamps: 00:00:00 Introduction 00:01:58 Setup 00:02:31 Developers resources 00:07:13 IDEs 00:08:53 VSCode 00:09:09 Sandbox 00:12:28 Starting to build 00:13:26 Starting a local private Algorand network 00:18:04 Default accounts 00:21:02 Rest APIs 00:22:56 Python SDK 00:30:36 Payment transaction 00:35:54 Gathering account information 00:38:39 Creating assets 00:44:52 Opt-in feature 00:48:03 Atomic transactions 00:55:52 Conclusion