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About Ergo
ERG is the native utility and governance token of Ergo, a flexible Layer 1 blockchain protocol designed for developing decentralized applications with a focus on secure and efficient financial contracts. Ergo utilizes a Proof of Work (PoW) consensus mechanism and features ErgoScript, a powerful scripting language based on Σ-protocols that allows for complex conditional spending. The platform incorporates technical and economic improvements such as support for light nodes and a self-amendable protocol to ensure long-term scalability and security.
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