Ergo

Ergo

Rank #894

ERG

0.1812USD-5.39% (24h)
Score32Weak

Price History

Full chart

Market Stats

Market Cap Rank#894
Market Cap15.14M
Fully Diluted Valuation17.71M
24h Volume103.94K
24h High0.194443
24h Low0.178344
Circulating Supply83.55M
Total Supply97.74M
Max Supply-
All-Time High18.72
All-Time Low0.094191
Genesis Date-

Sentiment

100% Bullish0% Bearish

About

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.

Community

Details