Ergo profile
Ergo Profile (ERG)
Rating: Good
Balanced Micro Cap
Project Safety Score

Fri, Mar 22, 2024 10:30 AM

Market Cap $70,648,495.11
Market Dominance unknown
24hr Volume $309,751.47
Price $1.2
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Ergo

coin

2ndgen blockchain

Ergo is a flexible blockchain protocol. Ergo is designed for developing decentralized applications with the main focus of providing an efficient, secure and easy way to implement financial contracts. To achieve this goal, Ergo includes various technical and economic improvements to existing blockchain solutions. Every coin in Ergo is protected by a program in Ergo Script, which is a powerful and protocol-friendly scripting language based on Σ-protocols. Using ErgoScript, users can encode the conditions under which coins may be used: who can spend them, when, under what external conditions, to whom, and so on. Extended support for light nodes makes Ergo friendly for end users because it allows running contracts on untrusted commodity hardware.To be usable in the long-term, Ergo follows a survivability approach – it uses widely-researched solutions that do not result in security issues in the future, while also preventing performance degradation over time with a new economic model. Finally, Ergo has a self-amendable protocol that allows it to absorb new ideas and improve itself in the future.

Read more in the whitepaper:
  • Dapp
  • Platform
  • Layer 1 (l1)
  • Privacy Coins
  • Cryptocurrency
  • Smart Contract Platform
  • Proof Of Work (pow)
  • Mineable
Trading View Chart
ERG
Community Ratings Ergo ERG

3.7/5

(3 reviews)
Ratings and reviews left by our members do not impact the profile score.
V

v 2 years ago

According to Charles Hoskinson it looks like a solid project.
0 0
 
SN

Snowman 2 years ago

I LOVE ERGO! It’s what satoshi would have made if he could have! Energy efficient PoW with smart contracts, stablecoin, dex, mixer, NFT, oracles. Created by a cofounder of what eventually became Chainlink (Alex Chepurnoy), who was also a dev/researcher at Emurgo, so they have a very tight knit relationship with ada. Dude is a legit genius. Coin was released like btc: no pre-mine, no VC backing, no ICO. They welcome anon devs into the community to work on projects so long as their work is open for audit. It is everything a cryptocurrency should be, and it will eventually be in the top 10 market cap. Read the Ergo Manifesto: https://ergoplatform.org/en/blog/2021-04-26-the-ergo-manifesto/
1 0
 
WA

WavesLuck 4 years ago

EFYT and Ergo are SCAM tokens. Not Buy!
0 2
 
Showing records 1 - 3 of 3 ratings

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Member Signals

3.67/5

(3 reviews)
Market Cap Rank:
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Ergo Github

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