After 2 years of discussion, debate, etc finally getting some crystallized plan, tech specs slowly coming together for the first Sigmachain.
As always a lot to build.
So many things happening in the Ergo ecosystem at the same time, hard to track everything. On my side, preparing a sub-blocks devnet update in next few days. High performant PoW with classic security FTW.
What is #Ergo?
#Ergo is a smart contract Layer 1 built for secure, decentralized financial contracts - the kind that don’t need banks, middlemen, or permission.
#PoCoP $ERG
Every Wednesday for years, Ergo developers have been meeting in the Discord channel. There's no more consistent, transparent, and efficient blockchain
https://t.co/g632EL4Pcz
$ERG about to go full George W. Bush and no one really gives a shit.
Their loss. Ergonauts gain.
See you at $10,000+ eventually and even then there will be doubters.
I’m not even remotely joking. 🙃
#Ergo has quietly shipped some of the most advanced features in the space:
🟢 Autolykos Proof-of-Work
🟢 Extended UTXO Model
🟢 Sub-Blocks & v6 Protocol
🟢 Rosen Bridge
🟢 Lithos Mining Pool Infra
#PoCoP $ERG
A hand‑picked treasure chest of projects, tools & resources powering the #Ergo Blockchain ecosystem 🔥
✅https://t.co/VRpgx0pV3m
▪️Core Infrastructure
▪️Wallets
▪️SDKs & Libraries
▪️Development Tooling
▪️DeFi & dApps
▪️NFT
▪️Mining
▪️Standards (EIPs) and more!
#Ergo $ERG
$ERG Monthly Chart (since KuCoin listing)
Selling pressure from miners slowly dwindling as emissions is getting closer to 3 ERG/block in 265 days.
Sub-block test net soon and likely implemented later in 2025 which will make #Ergo transactions one of the fastest in the crypto market.
You probably aren’t bullish enough…
This is my rough plan... Still a work in progress.
Build Mining Algo. Create Extended Autolykos- Focus on Larger Cards, supercluster hardware.
Work with Forking Scorex to create a Modular Tool for Sigma Chains. Open and built for others to extend. (Have Fun)
Build a Merged Mined client.
Release Mainnet with Merged Mined client Autolykos/Extended Autolykos.
(If you want to solo mine, build it, and have fun. DIY open code and all that)
Primary goal: Gain Hashrate security for Ergo.
(Test for extending Sigma to a new hardware class)
Make this 100% Fair PoW emission to miners. (Playing with different emission curves/rates still)
Fund for core developers based on infrastructure use vs emissions.
Create the right incentives for Peer-Level interaction vs Free Riding and avoid centralized control.
All the cryptocurrencies with centralized control over supply inevitably become corrupt, controlled, and slow-rugged in some way, as their input costs are disconnected from the cost of market production.
Insider/team emissions also make no sense as open digital commodity-based money. Value should start from the input of the producers/miners.
The Ergo Foundation has done very well with input to development output. It has been a model for transparency, but there can always be complaints or disputes.
"Free money" is one of the most powerful corrupting forces in the world. People who benefit from it always love it, but eventually, it will curse everyone in some way.
We are excited to see if we can create a backdoor into xmoney.
Building on chain opens such opportunities.
Need to understand the system. Depends on docs, costs and assumptions.