General
Intermediate
What is
Governance?
The system by which blockchain protocol changes and community decisions are made.
Governance determines how a blockchain evolves - who can propose changes and how decisions are made. Ergo uses on-chain governance where miners vote on protocol parameters. The community also participates through discussion, proposals, and ecosystem development. No single entity controls Ergo's direction.
Key Points
- Miners vote on protocol parameters
- Community-driven development
- No central authority
- Proposals discussed openly
- Ergo Foundation facilitates (doesn't control)
- Fair launch = no controlling stakeholders
Related Infographics
Related Articles
Frequently Asked Questions
Questions about Governance
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
Why does Ergo's lack of VC funding matter?
VC-funded chains have misaligned incentives: VCs need exits, so they push for hype over substance, centralized control, and token dumps. Ergo's fair launch means no insider allocations, no pressure to pump price, and no corporate governance. The community controls Ergo, not investors seeking returns.
Philosophy
Philosophy
Why does Ergo's fair launch matter?
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.
Philosophy
Philosophy