CryptoCurrencies
115
Exchanges
484
Total Market Cap
824,501,537,175
Volume 24h
87,070,481,879
Dominance
BTC 38.47%   ETH 17.69%   USDT 7.92%   BNB 5.99%

Ergo
ERG

1.390
$
0.52 %
Change 24h
Market Cap
$ 87,411,681
Volume 24h
$ 593,580
Circulating Supply
62,627,868
Total Supply
97,739,924
ERG
$
# Exchange Pair Price Volume 24h

Description

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.