ERGO has updated its status on the Testnet 2.0. The development is as planned: the release is scheduled for June 1. Serialization and specifications of spending proofs, coins and transactions are under finalization.
The testnet will feature:
- Schnorr protocol and proof of Diffie-Hellman tuple knowledge protocol as building blocks
- Arbitrarily complex AND and OR conjectures (to build complex multisig schemes)
- SecP384R1 curve
- A lot of (typed) predicates over blockchain state.
- No implicit rules to produce money out of thin air. No coinbase transactions, no implicit fee. All the coins rewarding miners will be created before the genesis block and locked up to certain heights.
ERGO is a decentralized and open-source cryptocurrency based on novel scientific ideas with a user-friendly protocol that is executable on a smartphone. At the moment of publication, ERGO market characteristics are as follows:
|Average price||4.36 USD|
|Market cap||1,733,611 USD|
|Volume (24H)||78,660 USD|