Ergo (ERG)

Ergo (ERG)

Rank #248

$1.75

1.45%

0.000076 BTC

ERG
USD

MARKET CAP

$102.64M

ALL TIME HIGH

$44.06

VOLUME 24H

$851.519K

CIRC. SUPPLY

58.638M

VOL/MCAP

1.00%

TOTAL SUPPLY

59.756M

DILUTED MCAP

$171.083M

MAX SUPPLY

97.74M

1H USD

0%

24H USD

1.45%

7D USD

4.62%

30D USD

48.03%

60D USD

25.12%

90D USD

0%

Tag:

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Ergo Price Chart

24h Change

1.45 %

Ergo - ERG Profiles

What is Ergo?

Ergo a Proof of Work (POW) cryptocurrency that aims to develop and revolutionize blockchain technology. The Ergo platform aims to develop and provide services for financial contracts on the blockchain. The Ergo platform includes the ERG cryptocurrency and ErgoScript, a scripting language used to build features on the Ergo blockchain.

Ergo Là Gì? Toàn Tập Về Tiền Điện Tử ERG

How does Ergo work?

Thanks to the user-friendly ErgoScript programming language, each Ergo token stored in smart contracts has a layer of protection. It specifies when the token can be used, by whom and under what conditions. ErgoSript uses the Sigma protocol as the building block for zero-knowledge proofs.

In practice, this means that the sigma (Σ) protocol revolves around a 3-layer verification mechanism to secure the coin contract:

  • The message is sent from verifier to verifier, this is the first message.
  • Random challenge coming from verifier.
  • The message sent from the verifier to the verifier, is the second message.

Based on these sigma protocols, ErgoScript makes it easier to deploy smart contracts. In addition, Ergo also supports light nodes. These are blockchain software packages that do not need to keep an entire copy of the blockchain nor need to run 24/7. Thus, they make Ergo very mobile-friendly as the need for storage space and computing power is greatly reduced.

In addition, the ErgoScript programming language is specially designed to be the best tool for code generation for decentralized finance. Specifically, the coin contract is designed to be Turing complete but reduces the possibility of spam attacks thanks to its early estimation feature.

Finally, like Tezos (XTZ), Ergo (ERG) is a self-modifying blockchain that is easily upgraded in the future. Ergo has no limit on the size of a block. Based on network demand, it can shrink or grow, but its growth rate is limited to a certain rate to prevent an explosion in a short period of time.

Roadmap

Read Full Article: Click Here

People

We found 5 people related to erg-ergo, include Ergo Foundation Member/Director Joseph Armeanio

Organizations

We found 6 organizations related to Ergo has 金色财经, UTXO Alliance, BPSAA, Conceal Network, Waves Technology, EMURGO Co., Ltd

Ergo Price Live Data

ERG Price

$1.75

Trading Volume

$851,519.48

All Time High

$44.06

1hour Change

-0.22%

24hours Change

1.45%

24hours Range

1.45%

24hours Low

$3.65

24hours High

$3.95

Liquidity ±2%

$10.73 B

Bids -2%

$107,306.00

Asks +2%

$57,090.00

Market Cap

$102.64 M

Fully Diluted Market Cap

171.08 M

Circulating Supply

58.64 M

Total Supply

59.76 M

Max Supply

97.74 M

Ergo Markets

See All Market
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