Ergo

Ergo Platform is a secure, resilient, open-source, permissionless, truly decentralized underlying public blockchain platform for DeFi apps that was built from the ground up. Its primary focus is to provide an efficient, secure and easy way to implement financial contracts. Based on a new PoW consensus mechanism called Autolykos, Ergo never abandons PoW and always keeps it. Ergo adopts the EUTXO model that integrates the advantages of both the UTXO model and the account model. It follows the tradition of Bitcoin but adds more features, and has the ability of implementing complex financial contracts that is far beyond its competitors. Ergo has a final supply of 97,739,925 ERGs (Ergo’s native tokens), which will never be additionally issued or burnt. Ergo development began in 2017, and its mainnet went live on July 1, 2019. Ergo is built by a top-notch blockchain development team with a decade of theoretical research and practical experience led by Alexander Chepurnoy (alias kushti, a well-known blockchain geek in Github). The team participated in the development of NXT, Scorex, Cardano and Waves. Alexander Chepurnoy is the co-founder and core developer of Ergo. He was the core developer of NXT and the co-founder of smartcontract.com (now Chainlink). Under his leadership, Ergo’s technical team has also developed an industry-leading oracle pool.