We are happy to announce that ERG coin has just been listed on Changelly PRO, meaning that it is now available on our full-featured trading platform. Users are now able to trade the ERG/BTC and ERG/USDT trading pairs on Changelly PRO.
Ergo was created in response to stagnation in the blockchain area. It implements various technical and economic ready-to-use ideas that add value but don’t reduce the known advantages of blockchain systems.
Ergo’s primary focus is to provide an efficient and secure way to implement financial contracts, which are the most widely used application of blockchain technology. It is created to provide an easy way to use financial contracts by ordinary people, who should be able to use them in a decentralized manner without any trust. Unlike the traditional financial system, no bailouts, blacklists or other forms of discrimination should be possible on the core level of Ergo protocol. Ergo protocol is designed to be survivable in the long-term, making it useful to implement contracts for a period of a person’s life and also enabling it to be a good store of value.
Consensus protocol of Ergo — Autolykos — is based on the well-known Proof-of-Work (“PoW”) consensus algorithm. PoW was chosen for several reasons including that PoW protocols are widely studied, have high security guarantees, and are friendly to light clients.
We are happy to collaborate with the company that builds advanced cryptographic features and are sure that our users will be pleased with such radically new DeFi functionality on the rock-solid foundations.
Ergo is the open protocol that implements modern scientific ideas in the blockchain area. Ergo operates an open contributor model where anyone is welcome to contribute. Ergo is following the fundamental approach and uses stable well-tested solutions, even if that leads to slower short-term innovations.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto.
Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 200+ cryptocurrencies that can be effortlessly swapped within 10 minutes on desktop and on the go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggy-backing on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.