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Ergo

ERG
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CryptocurrencySmart Contract PlatformPrivacy coins

News

U.S. Secret Service Enhances Tech to Combat Crypto Crime

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The U.S. Secret Service effectively combats crypto crime using new technologies and international collaboration for investigations.
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Giorgi Kostiuk

Crypto and Golden Visas: CZ's Insights on Migration Implications

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Binance CEO Changpeng Zhao discusses the integration of cryptocurrencies in migration programs, including the UAE's Golden Visa.
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Giorgi Kostiuk

How Michael Saylor's Strategy May Impact the Bitcoin Market

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Strategy, led by Michael Saylor, plans to increase its Bitcoin holdings, potentially impacting the cryptocurrency market significantly.
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Giorgi Kostiuk

Strategy, formerly known as MicroStrategy, Initiates Major Bitcoin Acquisition

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Company Strategy, led by Michael Saylor, aims to significantly increase its Bitcoin holdings, impacting the cryptocurrency market.
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Giorgi Kostiuk

What is Ergo?

Ergo is a flexible blockchain protocol. 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. Using ErgoScript, users can encode the conditions under which coins may be used: who can spend them, when, under what external conditions, to whom, and so on. Extended support for light nodes makes Ergo friendly for end users because it allows running contracts on untrusted commodity hardware.To be usable in the long-term, Ergo follows a survivability approach – it uses widely-researched solutions that do not result in security issues in the future, while also preventing performance degradation over time with a new economic model. Finally, Ergo has a self-amendable protocol that allows it to absorb new ideas and improve itself in the future.

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