What is Aergo?

Aergo is an open platform launched in 2018, enabling businesses to build applications and services within a distributed IT ecosystem. It supports deployment on both public and private blockchain networks, allowing for flexibility in blockchain application development. The platform features a plugin-based smart contract infrastructure and supports smart contracts compatible with the Ethereum Virtual Machine as well as AergoSQL.

The Aergo network employs Distributed Directories (DD) that function similarly to repositories, facilitating a shared environment. Furthermore, it incorporates Smart Oracles to enable smart contracts to access external services and internal databases for data consumption and event triggering. The specific supply cap and governance model of Aergo are not detailed in the provided description.