General
Beginner
What is
Counter to Centralization?
Ergo's stance against the centralization of banking and the misuse of money, aiming to provide individuals with more control over their financial interactions.
Ergo's stance against the centralization of banking and the misuse of money, aiming to provide individuals with more control over their financial interactions.
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Frequently Asked Questions
Questions about Counter to Centralization
Common questions about this topic
How to get started with Ergo?
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.
How-to
Getting Started
Is Ergo a good investment?
This is not financial advice. Ergo has strong fundamentals: fair launch (no VC dump risk), innovative technology (eUTXO, Sigma Protocols, NiPoPoWs), active development, and a cypherpunk ethos. It's a smaller market cap project with higher risk/reward than established chains. Research thoroughly, understand the technology, and never invest more than you can afford to lose.
Comparison
Getting Started
How to build DeFi on Ergo?
Building DeFi on Ergo starts with understanding the eUTXO model and ErgoScript. Unlike account-based chains, Ergo's box model provides deterministic execution, no MEV by design, and predictable gas costs. Use Oracle Pools for price feeds, and leverage existing patterns from Spectrum Finance and SigmaUSD.
How-to
DeFi
Is Ergo safe and secure?
Yes, Ergo is highly secure. It uses Proof-of-Work (the same security model as Bitcoin), has never been hacked, and the eUTXO model eliminates entire classes of smart contract vulnerabilities. The code is open-source and peer-reviewed. Your security also depends on proper seed phrase management.
Explainer
Getting Started