The Ergo weekly Dev update is not the sexiest crypto blog. Focusing on the moon is great, but the truth is a rocket takes an incredible amount of engineering.

Designing and building systems that are subject to immense pressure is not an easy task.

It is always the brains in the background that actually get things done. This what the Ergo team is about, building solid tech.

Ergo Devs, you are awesome. Keep up the good work.

Scalahub has been putting in some R&D with the new Ergo.meta sidechain framework. …


Kushti has started writing about Ergo.Meta, a cookbook on interaction with off-chain and sidechain protocols.

He will publish in the form of forum posts soon, personally can’t wait to see what he has been cooking up here.

Kushti also brought up the possibility of implementing an external scanner, like what is used by popular exchanges

(Scanners call /wallet/getTransactions for one block just to read deposits into exchange wallet database)

So the scanner would do the following

1) check for forks (by storing block ids, maybe the last few K in its database)
2) register scans in a node connected, or maybe…


The Ergo weekly Dev update is not the sexiest crypto blog. Focusing on the moon is great, but the truth is a rocket takes an incredible amount of engineering.

Designing and building systems that are subject to immense pressure is not an easy task.

It is always the brains in the background that actually get things done. This what the Ergo team is about, building solid tech.

Ergo Devs, you are awesome. Keep up the good work.

Kushti has decided to take a short break after the release of the Ergo Manifesto. Well deserved, he will be back shortly.

He…


I might miss a few updates, if that’s the case don’t think it’s not appreciated by the community. Busy week for Erg devs, as always, thanks for putting in work.

It looks like LADOPIXΣL and Glasgow will be putting in work on the ErgoFund development. As all of you in the social channels, telegram and reddit know Glasgow is a busy busy guy.

Ilya and Glasgow have been putting in a deal of work polishing the Cardano Fund 5 proposal. I hope everyone reading this that has a foothold in the Cardano network throws their support behind this.


Alex Chepurnoy was recently appointed Secretary of Tech for the Ergo Foundation. A part of his role is going to be providing weekly updates on Ergo Ecosystem Developments.

ErgoSwap Dex

Developers this week are focused primarily on delivering the Decentralized Exchange ErgoSwap later this year. Many of the multi-stage contracts for ErgoSwap are ready, as always they are open and viewable EIP-14.

Many components of Ergo’s Decentralized Exchange have already been built. The goal is to take all the pieces and assemble them behind a user-friendly interface.

Later this week an updated roadmap for ErgoSwap is due to be released.

Ergo Gravity Partnership


Smart Contracts For The People

Ergo’s goal is to create a network that can produce low-cost Defi that benefits the average person. Currently, Defi is too expensive to be helpful in a real-world setting. The goal is to create simple and secure smart contracts that can create value for those who need them the most.

An essential part of this goal is low-cost oracle data. Oracle data adds a price premium in most current forms of Defi. This cost premium is unnecessary and makes the real-world use of Defi further out of reach for the ordinary person.

Low-cost decentralized Defi…


SigmaUSD vs the competition.

The Ergo blockchain (ERG) recently released SigmaUSD decentralized stablecoin. The stablecoin is Ergo’s iteration of the AgeUSD protocol that was designed by Emurgo. Emurgo is a blockchain company focused on layer 2 R&D in the extended UTXO model. Cardano, Ergo, and Emurgo are strategic partners working to advance research into what is possible on extended UTXO

Stablecoins have been one of the most innovative aspects of blockchain technology. A stablecoin is a synthetic asset that brings cashlike properties to the blockchain.

Not all stablecoins are created equal.

Centralized Banked Garbage Coins (CBGC)

The first category of…


Bitcoin vs Ergo: The Path Forward

Shoutout to Snowman Jason on Telegram

Bitcoin

Bitcoin is a beast. Yes, the underlying software needs serious upgrades. It is slow. Really slow. But you have to give it credit, the network effect is a powerful thing — Bitcoin is the OG of crypto. Globally Bitcoin is becoming a common, understood and adopted term. Large trusts, investment titans, hedge fund managers, are all dazzled by the Bitcoin juggernaut. Bitcoin is a star and it has a long string of ex-lovers. 105 Bitcoin forks in total. 74 of which are considered active projects. It has a…


Is Proof of Work Dead?

Ergo is a proof of work blockchain. The most common question an investor will have regarding proof of work is simply… Why? I thought Ethereum was abandoning proof of work? Isn’t proof of work dead? It is interesting to point out that Alex Churpenoy, the lead developer of Ergo, used to be a proof of stake developer.

If we rolled back the clock to 2015 and travel to San Francisco, we would find Alex working as a Proof of Stake cryptocurrency developer, and almost everyone in crypto was very much anti Proof of Stake. Fast…


Ergo has created a new governance model for oracle pools. Governance allows oracle pool operators to change the schedule at which oracle data is broadcast to the Ergo blockchain. This update coincides with the updated version of the SigmaUSD stablecoin release, which also has a community driven governance model for the underlying bank contract.

Current oracle pool operators include ergo developers, Cardano stake pool operators, miners, and notable community members. This mix of community talent offers varied perspective and is a solid blueprint for governance updates that benefit the whole of the Ergo community.

The first community update of the…

Curia Regis Crypto

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