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.
Where is Ergo available for purchase?
You can exchange ERG tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Ergo is CoinEx, notably the ERG/USDT pair, which saw a trading volume of $ 122,460 in the past day. Additionally, KuCoin and MEXC are popular alternatives for trading tokens.
What is the highest value Ergo (ERG) has ever reached?
Ergo (ERG) reached its peak price at 18.72 $ on 03 September 2021, approximately 4 years ago ago. Presently, the current price is -94.71% lower than this all-time high.
What is the historical minimum price for Ergo (ERG)?
The minimum price reached for Ergo (ERG) was 0.09419 $, documented on 13 March 2020, more than 5 years ago. In comparison, the current price is 949.88%, it above this historical low.
What is the fully diluted valuation of Ergo (ERG)?
The fully diluted valuation (FDV) of Ergo (ERG) stands at $ 93,86 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ERG tokens. The realization of this FDV might take several years depending on the emission schedule of ERG tokens.