{"id":2069,"date":"2022-03-05T16:19:49","date_gmt":"2022-03-05T16:19:49","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/ergo-whitepaper\/"},"modified":"2022-03-05T16:19:49","modified_gmt":"2022-03-05T16:19:49","slug":"ergo-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/ergo-whitepaper\/","title":{"rendered":"Ergo Whitepaper"},"content":{"rendered":"<div id=\"post-1161\">\n<div class=\"entry-content\" readability=\"61.30625777041\">\n<p>Abstract<\/p>\n<p>What makes ERGO unique among blockchains?<br \/>FUNDAMENTAL APPROACH<br \/>ERGO\u2019s platform is based on a variety of ideas that complement each other and aim to provide solutions for various cryptocurrency problems. The concepts that underlie our vision have been presented at top conferences and have received positive reviews from a wide audience.<\/p>\n<p>SCALABILITY<br \/>While there is no \u201csilver bullet\u201d to solve all blockchain scalability issues, ERGO will make great strides in this direction by implementing a variety of unique approaches at the same time. ERGO\u2019s protocol will take the higher on-chain throughput made possible by the Bitcoin-ng proposal (up to 1000 tx\/s) and combine it with a flexible transactional language that allows developers to build off chain protocols on top of it, thus increasing throughput by an additional factor of 1000. ERGO will create even more scalability by allowing users to launch additional blockchains that can feature side chain token transfer between them.<\/p>\n<p>LIGHT TRUSTLESS WALLET<br \/>ERGO will require just a few Kb of data to synchronize the network and begin processing blocks in a trustless manner. This less intensive data requirement means user-friendly mobile wallets can be created with full node security guarantees. A new kind of network decentralization will be possible eliminating the need for centralized exchanges as wallets.<\/p>\n<p>BLOCKCHAIN AS DATABASE<br \/>One of the main barriers to using the blockchain as a database has been that users are currently required to download and process all transactions in order to find what they are looking for. ERGO solves this problem with its Aspen protocol that partitions a blockchain so that users need only access the subset of the blockchain that is relevant to their search. ERGO\u2019s unique model will open up a host of new capabilities like allowing miners to control storage rent in the blockchain.<\/p>\n<p>SMART MONEY<br \/>ERGO\u2019s transactional language is the flexible alternative to Bitcoin scripting language. It combines environment conditions and cryptographic \u03a3-protocols with AND, OR, k-out-of-n connectives. Despite it not being Turing-complete, it allows developers to build smart contracts with features and capabilities that are currently not possible with existing platforms. Its unique attributes allow users to perform efficient cost analysis and are also protective against DoS attacks.<\/p>\n<p> <a href=\"https:\/\/ergoplatform.org\/\" target='_blank\"' rel=\"noopener\"> Ergo Website<\/a> <br \/><a href=\"https:\/\/www.scribd.com\/document\/132884237\/Ergo-Whitepaper\" target='_blank\"' rel=\"noopener\"> Ergo Whitepaper <\/a> <strong><\/strong><\/p>\n<p>Social<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Abstract What makes ERGO unique among blockchains?FUNDAMENTAL APPROACHERGO\u2019s platform is based on a variety of ideas that complement each other and aim to provide solutions for various cryptocurrency problems. The concepts that underlie our vision have been presented at top conferences and have received positive reviews from a wide audience. SCALABILITYWhile there is no \u201csilver [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2069","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=2069"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2069\/revisions"}],"predecessor-version":[{"id":2070,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2069\/revisions\/2070"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=2069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=2069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=2069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}