|All Time High:|
|Market Cap: |
|The price of #ERG today is $1.30 USD.|
The lowest ERG price for this period was $0, the highest was $1.30, and the exact current price of one ERG crypto coin is $1.30436.
The all-time high ERG coin price was $19.38.
Use our custom price calculator to see the hypothetical price of ERG with market cap of ETH or other crypto coins.
|The code for Ergo is #ERG. |
Ergo is 3 years old.
|The current market capitalization for Ergo is $86,506,026.|
Ergo is ranking downwards to #268 out of all coins, by market cap (and other factors).
|The trading volume is medium today for #ERG.|
Today's 24-hour trading volume across all exchanges for Ergo is $385,473.
|The circulating supply of ERG is 66,320,889 coins, which is 68% of the maximum coin supply.|
|ERG is available on several crypto currency exchanges.|
What Wallet is Right for Me?
When using the Ergo blockchain, it is important to choose the right wallet for managing your assets and interacting with dApps. With several options to choose from, deciding which wallet is best suited for your needs can be overwhelming. This article will offer a brief overview of some of the more popular Ergo wallets and their respective features. — Ergo Wallet (Mobile) - The Ergo Wallet, accessible on both Android and iOS devices, offers a unique feature for secure cold storage. Available under the name ‘Terminus Wallet’ on the iOS App Store, it enables users to convert a second mobile device (perhaps an old, unused phone) into a secure cold storage wallet. While it doesn’t support the dApp connector, the wallet is compatible with sites that have incorporated ErgoPay. For users who prefer not to input their private keys on a mobile device, Ergo Wallet offers a ‘Read-Only’ option. — Nautilus Wallet - Nautilus is a privacy-focused, web-based wallet with a simple and user-friendly interface. It offers cold wallet support (currently with Ledger devices in Dev mode), and it features a dApp connector that is compatible with the ecosystem’s most popular dApps. For those who want a simple wallet with an accessible user interface, Nautilus wallet is an excellent choice for those who prioritize privacy and ease of use. Nautilus Wallet is available via Chrome Extension. — Other Ergo Wallet Options - The...
As the blockchain industry continues towards increased adoption, the need for clear and informative education materials grows evermore important. Still an emerging technology, the technical concepts can be complicated and overwhelming for a person that is new to crypto. In order for blockchain to be accessible to new markets, the barrier to entry requires that relatable, concise, and informative resources increase a user’s access to blockchain technology. How does one mint an NFT? How do you set up a wallet? Where and how can someone buy and sell cryptocurrency? Understanding these topics (and many more) are vital to welcoming newcomers to blockchain. — What are Ergo Tutorials? - The Ergo Tutorials website offers instructive and detailed guides on how to perform various unique tasks on the Ergo blockchain. Presented in several languages, this website helps guide prospective Ergonauts on topics such as creating and operating various wallets, performing token swaps, using the Ergomixer, and much more. Presented in video format, they provide clear step-by-step instructions to become more familiar with these various products and processes on Ergo. These tutorials cover the basics and even go into more complex topics, such as creating a token with python or learning about Ergo APIs. With more than 26 videos to choose from, some of the more notable tutorials include: buying and withdrawing $ERG from exchanges, operating wit...
Stablecoins: What Are They and How Do They Work?
Stablecoins are a type of cryptocurrency that have their market value pegged to another currency, commodity, or financial instrument. For those who have been active in the cryptocurrency industry, you are no doubt aware of the high volatility of crypto assets. Although they may fuel speculation, it can hinder real-world adoption. With stablecoins, investors can temper their risk exposure with a medium of exchange that is pegged to traditional markets. These assets provide a ‘stable’ currency for everyday transactions. Today, the stablecoin market is worth about $150 billion and is rapidly growing. However, with massive growth comes the risk of failure. Collapses of widely used stablecoin projects have had significant consequences for the crypto space. With the collapse of Terra’s UST during the 2022 bear market, the contagion had a domino effect across the entire cryptocurrency industry. The rapid growth, and subsequent criticisms, of USDT have garnered increased scrutiny from regulators, especially since stablecoin failures have had a significant impact on broader financial systems. — What Makes a Stablecoin Stable? - Simply put, stablecoins remain pegged to the value of an asset through algorithmic formulas or by maintaining reserve assets as collateral. There are three main types of stablecoins: — Fiat-collateralized stablecoins: - These stablecoins are backed by a reserve of real-world assets, such as U.S...
Ergo’s Sigmanauts Program
In 2022, The Sigmanauts Program was created as a community-run organization to encourage people to participate in, and take ownership of, Ergo. The program focuses on fostering a culture that creates a safe and open digital community, all while working to promote the unique tools and products of the Ergo ecosystem. Members volunteer their time, skills, and resources to deliver on the goals of the Sigmanauts. Ergo is a grassroots protocol. That means there are no VC firms paying for advertising, market making, or exchange listings. Although the Ergo Foundation has a marketing and creative content team, the growth of the Ergo blockchain also depends on grassroots marketing in tandem with active participation from the community. Community marketing takes many forms, from promoting Ergo related content on social media (such as Twitter, Reddit, Instagram, etc.) to offering creative content, such as blog posts or videos on Youtube and/or TikTok. The promotion of Ergo related content is crucial for the growth of the ecosystem. As more people come to Ergo, it is essential that they are warmly welcomed by a knowledgeable and trusted community. Dedicated individuals are necessary to help maintain a healthy and safe community, where Sigmanauts help new demographics feel comfortable and assist in the creation of sub-communities. It is important to remember that Ergo has no borders and strives to be accessible to people of all backgrounds...
Paideia — A DAO Management Software Suite
Paideia — A DAO Management Software Suite - As the Ergo ecosystem continues to grow and evolve, there are several keystone projects that will bring new functionality and utility to the blockchain. One dApp that is set to usher in this wave of innovation is Paideia’s DAO software suite. If decentralized systems are to ever fully realize their potential, then trustless and transparent DAOs will be an essential part of the future. — What is Paideia? - Paideia is a decentralized autonomous organization (DAO) software suite. A DAO is an organized collective that is not controlled by a central authority. Ideally, a functioning DAO should be transparent and deployed via smart contracts. With smart contracts, DAOs offer the ability for an organized community to have fair and equitable discussion, table proposals and vote on said proposals. DAOs are governed entirely by their individual members who, as a collective, make crucial decisions on how the DAO operates. These decisions can include the constitution of a DAO, the long-term goals of the project and the allocation of treasury funds. A DAO’s primary use case is to reduce the trust needed between multiple users in order to promote decentralization in the decision making process for a collective. As per Paideia’s Twitter bio:“Paideia is a DAO management software suite. It is designed to make it easy for anyone to create, manage and be involved in a DAO.” &...
Ergo’s Rosen Bridge: A New and Better Way to Interact Cross-Chain
What is a Bridge in Cryptocurrency? - A bridge is a tool that allows digital assets to be moved from one blockchain to another. As such, a cross-chain bridge acts as a layer of interoperability between one or more blockchains. If you are active in cryptocurrency communities, you are no doubt aware of discussions about projects and their ability to be multi-chain. What does this mean? Within the industry, there tends to be a segment of cryptocurrency users that hold a maximalist philosophy — the idea that only one particular blockchain will be necessary in the future. There are numerous blockchain projects that will probably fade into the history books as a footnote, but maximalist thinking is quite restrictive and short-sighted. After all, there are so many blockchain projects that are building effective projects, and each of these will provide their own unique utility. To dismiss them with maximalist philosophy is to limit the potential of the industry as a whole. Instead of dismissing blockchains that offer different tooling, it is much more advantageous to find ways to develop interoperability between different chains. That way, developers and users can maximize the usage of their assets while extracting the most value out of each blockchain. A bridge allows for this. Ergo’s newly created Rosen Bridge will offer a new standard of bridge innovation in the cryptocurrency industry, and it is positioned to usher in a n...
Security and Privacy Tooling On Ergo
The Cypherpunk theme for Ergo’s first ErgoHack of 2023 looks to inspire ideas relating to cryptocurrencies’ first principles. Since its inception, optional privacy and robust security have been recognized as some of Ergo’s identifying features. One of the first dApps deployed on Ergo was the first non-interactive, non-custodial mixer in the cryptocurrency industry. With Ergo, the tooling is in place to create financial products that are decentralized, permissionless and promote autonomy for the ordinary person. — Exploring the use cases of security and privacy tools in cryptocurrency - During the 2022 Ergo Summit, the founder of Ergo, Alex Chepurnoy, spoke at great length on the topic of privacy and security. He offered an in-depth presentation on the various use cases for certain privacy applications, such as Schnorr signatures, mixers, stealth addresses and other various aspects of privacy tooling. Let’s take a brief look at some of the features he discussed: Schnorr signatures essentially “enable a transaction to be signed with a single signature, regardless of how many addresses the funds are being sent from.” The primary utility of Schnorr signatures is to allow for enhanced privacy while securing one’s cryptocurrency. In order to improve the security and privacy of your transactions, one can use multiple signatures when sending transactions. This can involve requiring approval from multiple people or...
Privacy on Ergo — A Fundamental Human Right
Privacy on Ergo — A Fundamental Human Right - It has long been debated that privacy is one of the primary use cases of blockchain technology. At its core, one of the defining principles of Ergo is financial privacy for the ordinary citizen. Some may argue that if you have nothing to hide, then one does not need privacy. However, this is a weak argument when considering that the right to privacy does not necessarily mean one is hiding something. In the Ergo Manifesto, Alex Chepurnoy describes why privacy is an essential human right — regardless of whether one’s actions are ethical or not. The Ergo Manifesto states that:“Financial privacy is especially vital because it can be the difference between survival and systematic suppression of an opposition group in a country with an authoritarian government. Absent privacy, individuals in society have no means of survival when under the threat of oppressive regimes.” It is a harsh reality that many places in the world deal with extreme systematic financial inequality. Chepurnoy elaborates on this by asking the question:“How many times in human history have religious, political, or tribal conflicts led to one group in power forcibly taking the wealth of another less powerful group? How often is seizing financial assets used as an authoritarian control?” Our geographic borders, and respective economies, can have a significant impact on how we all perceive privac...
Earning ERG in 2023 and Beyond
The Ergo blockchain uses a Proof of Work (PoW) consensus mechanism, known as Autolykos. Although Proof of Stake (PoS) has become very popular lately, deploying the Ergo network as a PoW blockchain was an intentional decision. As with any design choice, this involved tradeoffs: PoS prioritizes minimizing energy consumption, while Ergo’s PoW prioritizes security and decentralization. Within community forums, many newcomers who are familiar with PoS projects, like Cardano or Ethereum, often ask if they can stake their ERG to earn yield. While the Proof of Work model does not rely on staking to secure the network, the purpose of Decentralized Finance is to offer individual’s the ability to access financial tools that may help them earn yield, diversify their investments, or manage risk. Ergo’s goal is to provide organic and sustainable financial tools that do not introduce unnecessary fragility and risk into the economy, which is far too common in today’s crypto ecosystem. The following is a collection of current and future applications that allow users in the Ergo ecosystem to earn ERG: — Mining - The most conservative investment in all of crypto is mining. You can choose to sell the coins you earn, and your GPU’s will maintain their value over time. For example, an investment in mining equipment during 2021 would likely be worth more today than an investment in actual crypto because the price of GPU’s has not ...
Ergo Platform 2022 Year in Review
What a year it has been for the blockchain industry. Many may look back on this year as a down year for the cryptocurrency sector, but for Ergonauts, it can be argued that 2022 was one of the best years yet. Turning only three years old this year, the Ergo Platform has already reached new highs in developer activity. Let’s take a look back at some of Ergo’s more notable memories from this last year. — EIP-27 - EIP-27 was proposed as a measure to ensure the crypto-economic security of Ergo’s long term viability. Because the original $ERG emission schedule was set to be completed within eight years of the mainnet launch, there was a concern that this did not leave enough time for the proper development of the Ergo ecosystem. How would the mining protocol be incentivized if block rewards ended before the network could reach a sustainable, critical mass of regular transactions? Ergo’s founder and core developer, Alex Chepurnoy, proposed a restructuring of the emission schedule such that a portion of the $ERG from each block would be transferred to a future emission contract. This reallocation of mining rewards ensures that the network will enjoy steady block rewards until approximately 2045. At which point, the blockchain’s daily transactions and Storage Rent feature should offer sufficient rewards for miners. For an overview of EIP-27 and the restructured emission schedule, please read the Ergo Foundation’s pub...
More Ergo (#ERG) News
|ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Has...
Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was codified, a handful of PoW coins compatible with the Ethash algorithm saw their hashrates skyrocket. Ethereum Classic's hashrate has tripled in size since The Merge was triggered by Ethereum's Paris Upgrade.5 Tokens Reap the Benefits of Ethereum's Leftover Hashrate
Ethereum, the second largest crypto asset in terms of market capitalization, now operates under a proof-of-stake (PoS) blockchain system. The Merge was triggered by the Paris Upgrade on September 15, at block height 15,537,391 at 2:42:42 a.m. ET. A few hours prior to The Merge, Ethereum's hashrate plummeted significantly, and a great deal of hashrate was pointed at Ethereum Classic (ETC).
During the early morning hours (ET) on September 15, ETC's hashrate was around 80.77 terahash per second (TH/s). Hours after The Merge on September 16, ETC's hashrate increased by 228%, jumping to the current 228.62 TH/s. ETC was the main beneficiary in terms of getting the most hashrate from Ethereum's forced transition from PoW to PoS. However, a handful of other tokens with similar hashing algorithms also saw a significant rise in computational power.
At the start of the day on September 15, Ravencoin's (RVN) hashrate was around 10.15 TH/s but the following day it...