What is
A foundational concept in blockchain technology where transactions create outputs, which can later be used as inputs in new transactions.
A foundational concept in blockchain technology where transactions create outputs, which can later be used as inputs in new transactions. UTXOs represent ownership of cryptocurrency and are spent entirely in each transaction.
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.
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.
Ergo is not private by default like Monero, but offers powerful optional privacy tools. ErgoMixer provides non-interactive, non-custodial mixing. Sigma Protocols enable zero-knowledge proofs in smart contracts. Stealth addresses hide recipients. The key difference: Ergo's privacy is programmable - you choose when and how much to reveal.
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.