What is ERGO ? | All about ERGO | Crypto Currency ERGO

What is ERGO?

Ergo is a blockchain protocol which is very flexible. 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.

 

Importance of ERGO?

The Ergo platform aims to provide an efficient, secure, and easy way to implement financial contracts that will be useful and survivable in the long term. Ergo describes itself as a self-amendable protocol that reportedly allows it to absorb new ideas and improve itself in a decentralized manner.

 

Reference

  1. https://emurgo.io/blog/emurgo-to-partner-with-ergo-and-build-blockchain-based-decentralized-financial-solutions
  2. https://thecryptodrip.com/ergo-deep-dive/

 

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31-August 11:29 PM 453 Views

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