Ergo

Ergo is the next-gen smart contract platform! Bringing economic freedom to ordinary people through decentralized financial tools.

[Ergo @ergo_platform]

Ergo is a p2p network.

A GPU driven PoW blockchain that secures a programmable eUTXO system that natively incorporates cryptography, assets, privacy and state economics.

P2P networks are about keeping coordination low in the protocol. A p2p network that can absorb more into its base protocol requires less above it.

This is why Ergo is not trying to do one thing, one narrative, instead it is trying a multitude of things possible, all while staying low in the network.

That last bit is the most important part.

Crypto is about minimizing control assumptions at the lowest possible layer. It should be anyway.

Run a node to be a first class citizen in a p2p network.

There is power in being a peer.

[MewFi | Dex & Tradehouse @Mew_finance]

Whats new on mew dex?

[LITHOS Protocol @LithosProtocol]

Lithos Mainnet v1.0.8 has released
https://t.co/T91lQA8d76

This release adds support for in-block arbitrage and SigmaFi V2.

[Armeanio @Armeanio]

Building towards Lithos turning the miner’s existing power to build and order blocks into an open market where miners sell stronger execution guarantees on priority orders, services etc.

Peer to peer markets become less messy and more reliable since nobody has a stronger power in the system in PoW.

[Armeanio @Armeanio]

For eutxo enjoyers.

https://t.co/S5QohCyfaU

[Swapter.io @swapter_io]

⚙️ $ERG DeFi is moving beyond simple swaps.

Machina Finance is building on-chain grid & limit orders on @ergo_platform .

Contracts and SDK are open source. The DEX is still in development. 🔧

Would you use on-chain grid trading? 👀

https://t.co/NgrsNs3Lde

#Ergo #DeFi

[Ergo @ergo_platform]

ETH as store of value soes not make sense monetarily as cost of production for new money is about zero. ergo:native with PoW, tail emission, demurrage, etc is perfect SoV after 7 years of hardening. More, there is demand coming from utilities & community now works hard on new directions

[Armeanio @Armeanio]

Sigmafiv2 should be out early next week.

As well as opening arb possibilities for miners.

[AllCyberpunk @AllCyberpunkCom]

These things are called opportunity, accumulate ergo:native 💎

[Alex Chepurnoy @chepurnoy]

Developers, if you want to have freedom with no chain owners breaking your apps, come to Ergo. You can find sound programmable money here also, which is more useful for real world needs than replicated programmable calculator perhaps

[Crypto Cat @catcat_truong]

@ergo_platform https://t.co/pafp1aBcbs

[Alex Chepurnoy @chepurnoy]

Back in 2015 Ethereum community discussed storage rent, went nowhere. Now core devs are breaking some apps with charging more to tackle with storage growth. Ergo has storage rent aka demurrage since day one

[OGAudit🛡️Crypto Reviews @OGAudit]

OGAudit Web3 Research: @ergo_platform ergo:native - eUTXO PoW Layer-1 & Non-Interactive Zero Knowledge Infrastructure.

Ergo operates as a purpose built PoW Layer-1 blockchain explicitly engineered to deliver secure, composable and privacy preserving financial contracts without compromising long term decentralization or computational predictability: 

- Ergo pairs Bitcoin’s UTXO transactional security with powerful smart contract capabilities via the Extended UTXO (eUTXO) framework and ErgoScript. This enables complex multi stage contracts like NiPoPOWs and algorithmic stablecoins with deterministic execution costs and offchain state verification before transaction submission. 
- Driven by the Autolykos II memory hard PoW algorithm, Ergo prevents ASIC monopolization by optimizing for GPU mining. To eliminate state bloat, Ergo enforces onchain Storage Rent charging a small fee for UTXOs left untouched for 4+ years to recycle abandoned state storage and incentivize miners long term. 
- ERG token functions as the native fuel for paying network execution gas fees, the mining reward asset securing Autolykos PoW consensus and the underlying collateral powering ecosystem DeFi protocols such as SigUSD and Rosen Bridge.

Is this an indispensable PoW primitive powering resilient, contract rich financial self sovereignty or do miner hashrate migrations and developer onboarding hurdles constrain ERG market capitalization?

Category: Proof of Work (PoW) / Layer 1
Coin Name: ergo:native
Market Cap: $23.65M
OG Score: 33
OG Score Rank: #196/952

[Ergo @ergo_platform]

ErgoScript combines utxo intents with cryptographic protocol in a simple and powerful programmable money approach. Study it! Ask your agent about its possibilities.

[Armeanio @Armeanio]

SigmaFi v2 and arbitrage across on chain markets will further increase miners power and profits in markets @LithosProtocol

Hoping for next week.

[Ergo @ergo_platform]

https://t.co/l445K5R3xE

[Ergo @ergo_platform]

CruxFinance telegram group renamed to ErgoDex. Interesting developments, considering recent tests of concentrated liquidity pools.

[Alex Chepurnoy @chepurnoy]

Started a new tg supergroup for developers and users of cash2cash, digital free banking on steroids aka Basis, Rosen Intents, Insuramp etc,as interest here should be mostly from outside Ergo circles I suppose. It is called Unstoppable Money Markets. You know where to find a link

[Alison Oliveira @Alisovsky]

I've come up with an interesting design to securely support persistent sessions in @NautilusWallet.

A technical blog post on it soon™

[Handshake News @HandshakeNews]

Trust minimization has never been more important than it is now. #selfcustody

[Ergo @ergo_platform]

Ergo Coin Today https://t.co/gCeMbCn8dL