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Indicates substantial updates or additions that require setting up a local development environment for documentation changes.
Indicates substantial updates or additions that require setting up a local development environment for documentation changes.
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.
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.
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.