Ergo

erg

Ergo (ERG) is a powerful next-generation smart contract platform designed to empower ordinary people with economic freedom through secure, accessible, and decentralized financial tools. As a robust Layer 1 (L1) blockchain, Ergo utilizes a Proof of Work (PoW) consensus mechanism, specifically the ASIC-resistant Autolykos algorithm, ensuring a fair and community-driven launch in 2019 without an ICO or pre-mine. This cryptocurrency distinguishes itself by extending the UTXO model to support advanced smart contracts via ErgoScript and Sigma Protocols, enabling innovative DeFi solutions like microcredit and trustless applications. Ergo also champions optional privacy using Zero-Knowledge proofs and offers secure, accessible transactions through NIPoPoWs. With its focus on research-led development and unique capabilities, the erg token powers a growing ecosystem, including cross-chain interoperability via Rosen Bridge.

Categories:

Smart Contract PlatformL1PoW+1 More

View Security Audit

Ergo Price prediction (AI analysis)

Deep Research

Latest developments in Ergo