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Ergo

Ergo is the first blockchain CyberVerse was launched on. The game went first online in February 2023 and supported CyberCitizens GEN2 as playable characters. The projects token CYPX is native to the Ergo blockchain and could be bought first on ergopad.io in November 2022.

CyberVerse on Ergo

CyberVerse on Ergo has greatly benefited from the low costs of minting NFTs and minimal transaction fees. Despite being a blockchain with relatively low adoption, Ergo is renowned for its strong, engaged community, decentralized development, and organization. In this environment, CyberVerse was able to cultivate a dedicated core community that actively provides feedback to developers, creates CyberVerse-related content, hosts events, and engages in various other ways to support the project.

Key Features of Ergo

Ergo is a next-generation, decentralized blockchain platform focused on security, scalability, and efficient financial contracts. It combines Bitcoin's proof-of-work consensus with advanced scripting capabilities, similar to Ethereum, to enable a secure and versatile environment for decentralized applications (dApps) and financial contracts.

Extended UTXO Model

Ergo uses an extended version of the UTXO model, providing enhanced flexibility for smart contracts over the traditional UTXO model in Bitcoin.

Efficient Proof of Work (PoW)

Ergo employs the ASIC-resistant Autolykos PoW algorithm, making mining accessible to GPU users and enhancing decentralization.

Sigma Protocols for Privacy

Using Sigma protocols, Ergo enables advanced privacy features, allowing secure and private transactions without revealing on-chain details.

ErgoScript

ErgoScript, Ergo's custom scripting language, supports complex contracts and dApps without unpredictable transaction costs.

Self-Amendable Protocol

Ergo's self-amendable protocol allows network parameters to be adjusted through community consensus, ensuring stability and flexibility.

Storage Rent

With storage rent, tokens that remain dormant incur a small fee, preventing blockchain bloat and encouraging active participation.

Oracle Pools

Oracle pools in Ergo enable reliable, decentralized data provision on-chain, essential for applications needing external data sources.

Developer Ecosystem and Community

The Ergo Foundation fosters an open-source ecosystem with projects in DeFi, NFTs, and social impact, supported by tools like ErgoDEX.

Read more about Ergo on ergoplatform.org