Ergo erg #570

$0.956789

-2.50% (1d)

Market Cap

$77.9M

BTC Price

FDV

$93.5M

Vol24h

$249.4K

Circulating Supply

97.7M erg

Total Supply

Info

Website
Website Whitepaper
Community
Algorithm

BLAKE-256
Proof Type

Proof of Work
Block Reward

0
All Time High

$18.72
ATL Date

09/03/2021

The current price of Ergo is $0.956789 in USD. As of now, a total of 97.7M erg are in circulation across the market. Ergo has experienced a price change of -2.50% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Ergo trading volume on crypto exchanges has reached $249.4K.

- Changelly
- Crypto.com

Description

Ergo (ERG) is a decentralized, blockchain-based platform designed for secure and efficient financial contracts, utilizing advanced Sigma protocols and blockchain technology. It was developed by Alex Chepurnoy and Dmitry Meshkov, experts in cryptography and blockchain. The ERG token, native to the Ergo platform, is used for transaction fees, to execute smart contracts, and in DeFi applications such as lending, borrowing, and yield farming. The platform uses a unique Proof-of-Work consensus algorithm, "Autolykos," offering enhanced ASIC-resistance and security, with miners rewarded in ERG tokens. Before Ergo's launch, Ergo First Year Tokens (EFYT) were distributed on the Waves platform to build a community and fundraise. These were swapped with a fraction of ERG tokens after the mainnet launch in July 2019.