Ergo Price (ERG)
Ergo Price Chart (ERG/USD)
Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.
|1||Gate.io||ERG / USDT||$1.18||0.31%||$113,525|
|2||CoinEx||ERG / USDT||$1.16||0.10%||$58,325|
|3||KuCoin||ERG / USDT||$1.22||0.33%||$48,016|
|4||Huobi Global||ERG / USDT||$1.52||0.18%||$16,332|
|5||KuCoin||ERG / BTC||$1.19||0.83%||$11,841|
|6||CoinEx||ERG / BTC||$1.23||0.05%||$10,057|
|7||Gate.io||ERG / ETH||$1.18||0.62%||$6,383|
|8||Indodax||ERG / IDR||$1.16||3.23%||$2,549|
|9||CoinEx||ERG / USDC||$1.24||0.31%||$2,403|
|10||HitBTC||ERG / BTC||$2.84||1.49%||$1,550|
|11||ProBit Global||ERG / BTC||$1.40||0.40%||$14|
|12||ProBit Global||ERG / USDT||$1.18||1.92%||$11|
|13||Changelly PRO||ERG / BTC||$2.29||0.47%||$8,389|
|14||FMFW.io||ERG / USDT||$1.23||1.01%||$333|
|15||FMFW.io||ERG / BTC||$1.21||0.40%||$188|
|16||Changelly PRO||ERG / USDT||$2.30||0.40%||$2,987|
|17||Hotbit||ERG / BTC||$1.65||6.91%||$186,217|
|18||Hotbit||ERG / ETH||$1.54||12.30%||$179,533|
|19||Hotbit||ERG / USDT||$1.50||0.27%||$153,246|
|20||TradeOgre||ERG / BTC||$1.98||2.13%||$2,324|
ERG Price Statistics
- Ergo Price Now $1
- 24h Low / 24h High $1 / $1
- Trading Volume $360,090
- Market Cap Rank #288
- Market Cap $83,645,663
- Volume / Market Cap 0.0043
Sep 03, 2021
Mar 13, 2020
Ergo Cryptocurrency: A Revolutionary Approach to Privacy and Security
In recent years, the world of cryptocurrencies has witnessed an incredible surge in popularity and adoption. One of the emerging players in this space is Ergo, a cryptocurrency that has gained attention for its innovative approach to privacy and security.
The Philosophy behind Ergo
Ergo is built on the premise that privacy and security are fundamental pillars of any reliable digital currency. Unlike traditional cryptocurrencies such as Bitcoin and Ethereum, Ergo places a strong emphasis on ensuring user anonymity and protecting sensitive information.
There are several key features that set Ergo apart from other cryptocurrencies:
ErgoScript is Ergo's smart contracts language, designed to provide flexibility and enhanced security. It allows users to create complex and powerful contracts while ensuring that these contracts are still easily auditable.
2. Sigma Protocols
Sigma protocols form the basis of Ergo's privacy features. These protocols enable users to prove they possess certain knowledge without revealing what that knowledge is. This ensures that transactions can be validated without leaking any sensitive information.
3. Proof-of-Work Algorithm
Ergo employs the Autolykos proof-of-work algorithm, which relies on memory-hard computations rather than raw computational power. This makes it more resistant to the centralization of mining power, ensuring a fairer distribution of newly minted coins.
The Benefits of Ergo
Ergo's unique approach to privacy and security offers several benefits:
1. Improved Privacy
Through the use of Sigma protocols, Ergo ensures that users' transaction details remain confidential. This significantly enhances privacy, making Ergo an appealing option for those who prioritize anonymity.
2. Reduced Risk of Exploits
ErgoScript's design and its emphasis on secure contracts minimize the risk of smart contract vulnerabilities and potential exploits. This protects users from potential financial losses associated with hacks and other security breaches.
3. Fair Distribution
By utilizing the Autolykos proof-of-work algorithm, Ergo ensures a more evenly distributed and decentralized network. This prevents a small group of individuals or organizations from gaining excessive control over the cryptocurrency supply.
Ergo cryptocurrency brings a fresh perspective to the world of digital currencies. Its innovative approach to privacy and security, along with its emphasis on fairness, make it a promising contender in the cryptocurrency market. As the demand for privacy-focused cryptocurrencies continues to grow, Ergo stands out as a remarkable solution that is well worth considering.