How Ergo innovates cryptocurrency

token industry

Since its creation, Ergo has always made decentralization a top priority. No pre-sale, no pre-allocation for ICO (Initial Token Sale) or venture capital. In addition, only 4.37% of all ERG equipment will be distributed regularly through the blockchain donation to Ergo Vaults.

Ergo mining will end after 6 years, with the longest extension being 38 years, the final extension will be determined by ballot. Years of gift block are mined). The miners then benefited from the exchange rates and rents generated from the data transmitted via the blockchain.

dig the ground

There are several differences between Autolykos and Bitcoin's Proof of Action (PoW). It does not allow ASIC miners to join, but allows graphics cards with 4-8 GB of video memory to be used for mining, making it easier for communities to access mining equipment. (Note: ASIC generally refers to special miners that use special chips to optimize an algorithm, hence lower power consumption. On the other hand, graphics are wider. CPU configuration of miner has power consumption higher ...)

Non-interactive proof of work (NIPoPoW) can be used to improve the distribution of uninterrupted pools. It also uses the engine's spatial extraction to allow miners to settle in. When digging into space, miners do not have to store all of the blockchain data and can only use block headers for guidance.

u dapp

Ergo aims to provide safe and efficient financial services to everyone. Ergo's decentralized application is governed by smart contracts which are immutable and unreliable. ErgoDEX, Oracle Pool, SigUSD, and ErgoMixer are industry models for UTXO-based decentralized financial applications. Users can view all of Ergo's dApps at sigmaverse.io, the Ergo ecosystem's dApp site.

Users can interact with dApps using non-custodial wallets such as Yoroi or mobile wallets.

Non-interactive proof of work

Since the genesis block, no interactive proof of work (NIPoPoW) has been used in Ergo. NIPoPoW is a short independent chain that represents a pool of selected blocks to determine the likelihood of accidental evidence that the blockchain works. Merge without downloading the entire block using only the block header.

NIPoPoW also enables a simple off-chain IT layer, also known as a sidechain. Sidechain apps can provide 2 layers of scalability resolution, deep user experience, and light weight. It is also possible to complete interconnected chains.

stability piece

Unlike DAI and other regulations that use the Secured Debt Position (CDP) model, Ergo has developed a stable SigmaUSD performance based on a single standard. The standard CDP can cause water leakage in an emergency, while the standard return model does not encounter this problem when pinning tokens for US dollars.

SigUSD is powered by a SigRSV storage token with a pre-locked system. If the SigRSV token cannot support the 400% sample, the contract will not allow a new SigUSD declaration. Likewise, SigRSV casting cannot be performed if the expected ratio is greater than 800%. This is to protect insurers against violators in the event of fluctuations in ERG exchange rates.

Extended UTXO model

Ergo makes heavy use of the Bitcoin experience and enhanced features, and also uses new crypto techniques based on peer-to-peer research.

Ergo was developed from the Bitcoin UTXO model and has been used in many contracts. Ergo's Extended UTXO Model (eUTXO) can provide integrated communications, cutting-edge contracts, cryptography enhancements, and many other applications.