What is
The maximum data capacity of a blockchain block. Ergo has adjustable block size through miner voting, balancing throughput with decentralization.
Block size determines how much transaction data can fit in each block, directly affecting network throughput and decentralization. Larger blocks allow more transactions per second but require more bandwidth and storage, potentially centralizing the network to well-resourced nodes. Ergo takes a unique approach with miner-adjustable parameters - miners can vote to change block size limits based on network conditions. This allows the network to scale organically while maintaining decentralization through community consensus.
Understanding network capacity and scalability
Evaluating decentralization tradeoffs
Comparing blockchain throughput
Understanding miner governance
Ergo's block size is controlled by protocol parameters that miners can adjust through voting. The current maximum is sufficient for typical DeFi usage. Block size affects: 1) Transactions per second capacity, 2) Block propagation time, 3) Node storage requirements, 4) Network bandwidth needs. Unlike Bitcoin's contentious block size debates, Ergo's approach allows gradual adjustment based on actual network conditions.
Common questions about this topic
Ergo supports a full ecosystem: trade on Spectrum DEX, use SigmaUSD stablecoin, mix transactions with ErgoMixer, collect NFTs on SkyHarbor, mine with GPUs, lend/borrow on DuckPools, bridge to other chains via Rosen, and build dApps with ErgoScript. It's a complete platform for decentralized finance and applications.
Storage rent is Ergo's solution to state bloat. Boxes (UTXOs) that remain unspent for 4+ years can have a small fee deducted by miners. This incentivizes cleaning up unused state, provides long-term miner revenue after emission ends, and keeps the blockchain sustainable. Lost coins eventually return to circulation instead of being locked forever.
Ergo miners earn from three sources: block rewards (newly minted ERG), transaction fees, and storage rent. Block rewards decrease over time according to the emission schedule, but storage rent ensures long-term income even after all ERG is mined. Most miners use pools for consistent payouts.
Start by getting a wallet (Nautilus for browser, Terminus for mobile). Back up your seed phrase securely offline. Get some ERG from an exchange (Gate.io, KuCoin) or DEX (Spectrum). Make a test transaction. Then explore: try DeFi on Spectrum, check out NFTs, or dive into the technology if you're a builder.