What is
A psychological phenomenon where people feel anxious about missing potential gains, leading to impulsive buying.
A psychological phenomenon where people feel anxious about missing potential gains, leading to impulsive buying.
Common questions about this topic
eUTXO (Extended Unspent Transaction Output) is Ergo's smart contract model that extends Bitcoin's UTXO with programmable logic. Each 'box' contains ERG, tokens, data registers, and a guarding script. Transactions consume boxes and create new ones, enabling deterministic execution, parallel processing, and no reentrancy attacks.
Ergo offers structural advantages for DeFi: no MEV extraction, deterministic gas costs, and no reentrancy attacks due to eUTXO. Ethereum has larger ecosystem and liquidity. Choose Ergo for security-critical applications, fair trading, and predictable costs. Choose Ethereum for maximum composability with existing protocols.
MEV (Maximal Extractable Value) is profit extracted by reordering, inserting, or censoring transactions - think front-running and sandwich attacks. Ergo's eUTXO model provides structural MEV resistance: transactions reference specific boxes (UTXOs), making reordering attacks much harder. There's no shared global state to exploit like in account-based chains.
Ergo is a fair-launched Proof-of-Work blockchain with advanced smart contract capabilities. It combines Bitcoin's security model (UTXO, PoW) with Ethereum-style programmability through the eUTXO model and ErgoScript. No pre-mine, no ICO, no VC control - built by cypherpunks for financial freedom.