Ergo

ERG#628

Smart Contract PlatformLayer 1 (L1)Zero Knowledge (ZK)+2 more

$0.31

-0.69% 24h-2.72% 7d

Price

Extremes$0.09

$18.72

Market Data

Day

Open$0.30

High$0.32

Low$0.30

Market

Vol 24h$114.20K

Mkt Cap$25.93M

FDV$30.49M

Supply

Circ.83.12M ERG

Total83.12M ERG

Max97.74M ERG

About Ergo

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.

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