What is
Parameters that miners can modify to influence the network's scalability, including block size and transaction size, affecting throughput and computational load.
Parameters that miners can modify to influence the network's scalability, including block size and transaction size, affecting throughput and computational load.
Common questions about this topic
Start by getting a wallet (Nautilus for browser, Terminus for mobile). Back up your seed phrase securely offline. Get some ERG from a current exchange or verified venue, then make a small test transaction. After that, explore NFTs, mining, DeFi references, or the developer stack if you're a builder.
Ergo supports a broad ecosystem: use SigmaUSD, explore historical and current DeFi references, mix transactions with ErgoMixer where lawful, collect NFTs, mine with GPUs, bridge to other chains via Rosen, and build dApps with ErgoScript. Always verify current project status before sending funds to a third-party app.
Ergo is not private by default like Monero, but offers powerful optional privacy tools. ErgoMixer provides non-interactive, non-custodial mixing. Sigma Protocols enable zero-knowledge proofs in smart contracts. Stealth addresses hide recipients. The key difference: Ergo's privacy is programmable - you choose when and how much to reveal.
Ergo miners earn from three sources: block rewards (newly minted ERG), transaction fees, and storage rent. Block rewards decrease over time according to the emission schedule, but storage rent ensures long-term income even after all ERG is mined. Most miners use pools for consistent payouts.