What is
A document that provides a comprehensive overview of financial activities and expenditures, ensuring openness and accountability.
A document that provides a comprehensive overview of financial activities and expenditures, ensuring openness and accountability.
Common questions about this topic
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.
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.
Sigma Protocols are zero-knowledge proof systems that let you prove statements about data without revealing the data itself. On Ergo, they're built into ErgoScript, enabling privacy-preserving smart contracts. You can prove you own funds, meet conditions, or belong to a group - all without exposing your identity or exact values.
Ergo had no pre-mine, no ICO, no VC allocation. 100% of ERG comes from mining. This means no insiders dumping on you, no VCs controlling governance, no foundation with majority stake. Fair launch creates genuine decentralization - the network belongs to miners and users, not early investors seeking exit liquidity.