Ergo x 10 in the near future

Ergo x 10 in the near future


Ergo builds advanced cryptographic features and radically new DeFi functionality on the rock-solid foundations laid by a decade of blockchain theory and development.

 

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Ergo is a Resilient Platform for Contractual Money. It is designed to be a platform for applications with the main focus to provide an efficient, secure and easy way to implement financial contracts.

Ergo includes various technical and economic improvements to existing blockchain solutions. Every coin in Ergo is protected by a program in ErgoScript, which is a powerful and protocol friendly scripting language based on Σ-protocols. It specifies conditions under which a coin can be used: who can spend them, when, under what external conditions, to whom, and so on.

Extended support of light nodes makes Ergo friendly for end users and allows it to run contracts on common devices such as mobile phones trustlessly.

To be useful in the long-term, Ergo is strictly following a long‐term survivability approach — it uses widely-researched solutions that are not going to result in security issues in the future, while also preventing performance degradation over time with a new economic model.

Ergo is an open source protocol, that allows it to absorb new ideas and improve itself in the future. The focuses on long‐term survivability and self‐amendability are what give Ergo its resiliency.

Ergo can be bought on a number of exchanges for btc  (I used tidex) and Yoroi - the cardano wallet, is integrating it to be compatible with their software, it already has a number of real use cases and I believe that it will go at least 10x in value at some point.

Alex cherpunoy knows his shit. It's him who the devs at cardano go to when they need solutions to problems. Ergo is built to last and is not going anywhere soon.

https://ergoplatform.org/en/documents/

(Whitepaper)

This is not investment advice, merely some background information and a personal prediction.

 

 

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Medge2020
Medge2020

Crypto enthusiast


An inexperienced crypto enthusiast
An inexperienced crypto enthusiast

relatively inexperienced in the crypto world but hungry for knowledge and appreciate constructive criticism. I've had at my prime a total of 0.97 btc which I mined my self. I have also participated in a few Defi projects and have minority shares in a number of different cryptos.

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