Does Algorand support smart contracts and decentralized applications (dApps)?

Yes, Algorand does support smart contracts and decentralized applications (dApps).

Algorand is a blockchain-based platform that provides a secure, scalable, and decentralized environment for the development of distributed applications. It is designed to be an open-source platform that allows developers to create and deploy their own smart contracts and dApps. Algorand's consensus protocol is based on a Byzantine Agreement Protocol (BA) which enables it to process transactions quickly and securely.

This protocol also allows for the development of dApps that are secure, reliable, and scalable. Additionally, Algorand supports the use of smart contracts which are written in its native programming language called PureScript. Smart contracts can be used to automate processes such as payments, transfers, and other transactions.

Algorand also provides developers with tools such as SDKs (Software Development Kits) which allow them to easily create their own dApps. These SDKs provide developers with access to the Algorand blockchain so they can develop their own applications without having to learn a new programming language or technology. Overall, Algorand does support smart contracts and decentralized applications (dApps).

It provides developers with an open-source platform that allows them to create their own dApps using its native programming language PureScript as well as SDKs which provide access to the Algorand blockchain.