Ergon Profile
Ergon

@ErgonCoin

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Statuses

A peer to peer digital cash system $XRG

Joined August 2020
Don't wanna be here? Send us removal request.
@ErgonCoin
Ergon
7 months
$100 $XRG or $ETH GIVEAWAY JUST LIKE, FOLLOW, AND RETWEET FOR A CHANCE TO WIN ANNOUNCING WINNER IN 1 HOUR! HURRY
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@ErgonCoin
Ergon
11 months
$XRG has surpassed $XEC (a top 100 coin) in hashrate while only being 2400 in market cap rank. This is history in the making
@KTrzeszczkowski
Karol Licho Trzeszczkowski
11 months
#Ergon have just surpassed the top 100 coin, #XEC ! Ergon is ranked 2400 by market cap and is not merge mined! This is huge! Call the press!
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@ErgonCoin
Ergon
10 months
Amazing development for #Ergon $XRG Prediction markets reveal informations and lead to more desirable outcomes and better liquidity for Ergon. After all, Ergon works bets when everyone follows their incentives and erratic behavior is low.
@Lysis1501
HL
10 months
⛏️🎉 Celebrating the first 50 $XRG mined just recently - let's speculate on the next 50! Will there be more than 100 $XRG in existence by end of 2023? 👀 Make your prediction ⬇️ ( @ForeProtocol is a prediction market on @arbitrum )
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@ErgonCoin
Ergon
1 year
Check out our blog where we break down the most important topics surrounding blockchain:
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@ErgonCoin
Ergon
11 months
Ergon has no CEO and no founders. it is a community driven p2p electronic cash with no VC interest or ICOs. So why would developers want to build on Ergon? We think the answer is simple: Ergon provides devs with tools that can scale #web3 economies where supply meets demand.
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@ErgonCoin
Ergon
10 months
Great article by @johntamny This is why Ergon was created. Fixed supply is a silly meme. Ergon, much like rulers and tablespoons, has supply regulated by the free market, due to proportional reward system. More hashes - more coins. Less hashes -less coins
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@ErgonCoin
Ergon
8 months
NEW ERGON TALKS EPISODE LIKE AND SHARE $CKB $XRG
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@ErgonCoin
Ergon
11 months
Ergon is an elastic Proof of work currency. It's the first of its kind, and the benefits are huge. 1. No deep capital: since block rewards are proportional to hashpower, early miners cannot capture the supply for free. This is a fundamental issue with #BITCOIN . It's not fair.
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@ErgonCoin
Ergon
11 months
One of $XRG key differentiators is the lack of "deep capital", that is, since our rewards are weighted by hash, early miners can't get coins for virtually no energy cost. This concept is a backbone to our creation of Proportional Rewards. A truly fair economic system
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@ErgonCoin
Ergon
7 months
Great post by @CryptoTycoon01 $XRG
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@ErgonCoin
Ergon
11 months
With Ergon, #defi impermanent loss can actually be impermanent because of the equilibrium price. This means market makers experience less IL and more yield for providing liquidity to $XRG
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@ErgonCoin
Ergon
9 months
On chain trading for eSLP tokens? That's huge!
@ErgonSurfer
ErgonSurfer
9 months
Are you ready for on chain trading anon ? $XRG
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@ErgonCoin
Ergon
11 months
$XRG
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@ErgonCoin
Ergon
11 months
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@ErgonCoin
Ergon
8 months
🔊 Everyone check out our first official community recorded broadcast of the Ergon network! YouTube: Magnet 🧲 link: magnet:?xt=urn:btih:b343cdba49aa424d7454fa54cc2dadd03ef0a528&dn=Ergon_Talks_ep_1
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@ErgonCoin
Ergon
7 months
$XRG
@TibsJj
W
7 months
New top pick on my radar right now is $XRG Elastic Proof of work micro cap ($50k) Ergon $XRG: true digital p2p cash Benefits: Ultra Scarce (61 Coins in fully diluted supply) @ErgonCoin @ErgonSurfer @KTrzeszczkowski
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@ErgonCoin
Ergon
10 months
What is this?!
@ErgonSurfer
ErgonSurfer
10 months
VerySoon ™️ $XRG
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@ErgonCoin
Ergon
11 months
Ergon has supply that reacts to demand. The benefits of this are simple : -Market makers or "liquidity provider" experience nearly 0% impermanent loss -defi collateral grows with demand instead of shrinking, so the economy can actually scale -stable collateral prevent
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@ErgonCoin
Ergon
11 months
Ergon is the world's first proportional block reward blockchain. This means more hashpower == more supply. What does this mean? Stablecoins like $USDT $DAI $USDC are in their way out. No ICO, no premine, no team. 100% community run. Join us:
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@ErgonCoin
Ergon
1 year
There is a common misconception that Proof Of Work (POW) is wasteful. But Hashing is a mathematically objective truth. By doing work you are building objective truth into the blockchain. Proof of stake solves a very different question (1/6)
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@ErgonCoin
Ergon
1 year
Ergon is like bitcoin: durable, portable, irreversible, divisible, scarce, censorship resistant. But it's different because it is price stable like cash. Making it the most ideal form of money ever created $XRG
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@ErgonCoin
Ergon
10 months
Finally! We have a web wallet to handle ergons in the web browser! It's delightful to use, very smooth and beautiful. Congrats to @ErgonSurfer 🎉 Fork of @CashtabWallet 🙏
@calorywallet
Calory
10 months
🚀 Introducing Calory : The Premier Web Wallet for @ErgonCoin $XRG & eSLP Tokens! ✅ Effortless handling of XRG ✅ Simple token creation & management ✅ On-chain public messaging ✅ Swift 0-conf transactions ✅ Ultra-low fees: Just $0.0001!
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@ErgonCoin
Ergon
8 months
"In the scenario of a longer attack like a censorship attempt (...) fixed reward and proportional reward systems have different properties in favor of the proportional reward." "when performing the attack, he receives less reward compared to Bitcoin"
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@ErgonCoin
Ergon
11 months
There's enough $XRG for everyone. No need to fomo.
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@ErgonCoin
Ergon
1 year
the world has yet to see a stablecoin that solves the trilemma by being sufficiently decentralized, stable, and capital efficient. $XRG has the potential to solve this trilemma. It's not pegged, or collateralized, it's a base asset, and it's valued based on energy proportionally
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@ErgonCoin
Ergon
2 years
#Ergon is aiming to be a solution for the issue of centralized stable coins by using proportional block reward as a price stabilization mechanism for peer-to-peer electronic cash system.
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@ErgonCoin
Ergon
11 months
When supply meets demand (elasticity), the applications built on top won't only scale in the dimension of speed, but also in liquidity. This has been a key bottleneck to spoiling the attempts of blockchains trying to scale to global adoption. Elastic versions of bitcoin scale
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@ErgonCoin
Ergon
1 year
Ergon is now verified. This is just one small step in a larger plan to make the benefits of elastic crypto more transparent. All while being 100% community funded and operated. True decentralization. #Ergon
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@ErgonCoin
Ergon
1 year
An explainer for the $XRG noobs:
@TibsJj
W
1 year
So what's up with my obsession with @ErgonCoin ? Everybody has side projects that they want to shamelessly plug on the internet but what makes it actually different? I'm here to answer this to anyone past future and present. (1/?)
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@ErgonCoin
Ergon
1 year
"There is an insidious equivocation hidden within the financial freedom promise. you can understand it as the freedom to go about your business or you can interpret it as the freedom from poverty, the ability to afford things. This kind of "financial freedom" means "being rich"."
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@ErgonCoin
Ergon
11 months
2. Proportional rewards stability: Because Ergon has a supply that is dynamic, price will stabilize as more people trade it. $XRG has a fixed cost to mine, so price always trends towards a stable production cost.
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@ErgonCoin
Ergon
1 year
@hasufl Stable currencies
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@ErgonCoin
Ergon
11 months
@HyperCeo55633 @ScopeDefi Great question! We believe the advantage lies within our demand driven economics. Other cryptos tend to have supply schedules that are indifferent to demand thus the economy is not scalable. Traditional cash is subject to hyperinflation Ergon is immune to this 😁 $XRG 🙏
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@ErgonCoin
Ergon
11 months
Because supply can meet demand in Ergon, fees and costs remain stable. This allows the economy to grow and recover very quickly, without massive bubbles. We think this is the future of cryptocurrencies. Join us Like & share
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@ErgonCoin
Ergon
1 year
Satoshi built an unstable asset just for us to use it to build stable assets. Ergon is stable to the core, devoid of the violently unstable base. We believe Ergon is the next major evolution in blockchain ledger money technology. #bitcoin $btc $bch $xrg
@BitcoinMagazine
Bitcoin Magazine
1 year
JUST IN: Stablecoins can now go live on #Bitcoin with the mainnet launch of Lightning Labs’ Taproot Assets 🙌
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@ErgonCoin
Ergon
1 year
What can I say? I am the king of elastic supply
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@ErgonCoin
Ergon
1 year
$XRG
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@ErgonCoin
Ergon
11 months
A nice write up on Ergon by @ScopeDefi 🔥🔥🔥🔥
@ScopeDefi
The Scope De-Fi
11 months
The Ergon Network enables a shift towards stable Peer-to-Peer Payments. @ErgonCoin is pioneering a stable, fiat-independent electronic cash system for borderless Peer-to-Peer payments. Let’s dive in👇🏼🧵 (6min)
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@ErgonCoin
Ergon
1 year
Our newest blog post: Ergon Supply Shrinking The post breaks down three forms of deflationary pressure: lost coins, consumable Ergons, and fractional reserve contraction. This shows that the supply contraction will be sufficient for elasticity. #Ergon
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@ErgonCoin
Ergon
1 year
Proof of work is not wasteful because it serves a purpose of objectivity. Both in the security and verification of the consensus. work puts an electrical barrier between the chain and attackers. And it also is a statement of fact that the longest chain did the work (6/6)
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@ErgonCoin
Ergon
8 months
This is getting out of hand! Now there are two of them! ⵟrgon Talks episode 2: (Scaling, politics and AI) ⵟrgon Talks episode 3: (Brilliant commentary to the ergon blog)
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@ErgonCoin
Ergon
1 year
@bitcoin_eagle @AbelitoPanama Totally. Stable money can't be tied to inflationary assets. You must counter inflation like Ergon does
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@ErgonCoin
Ergon
1 year
Come learn what makes proof of work #pow #BITCOIN not wasteful and why it is objective. From our very own @KTrzeszczkowski
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@ErgonCoin
Ergon
11 months
3. Rational Economics: because of the dynamic supply, supply is not a predetermined factor from a central planner but instead is a result of the free market. When supply can match demand, economies flourish
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@ErgonCoin
Ergon
11 months
@divine_economy Ergon is fair because there's no deep capital, you can't get rich by early mining because the cost is fixed. We think that this is the fairest way to make p2p digital cash
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@ErgonCoin
Ergon
1 year
The possibilities are endless when your monetary policy isn't centrally planned. Ergon introduces a mechanism where the invisible hand of the free market takes over supply and allows for unparalleled levels of sustainable growth 🌱 $XRG is P2P electronic cash
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@ErgonCoin
Ergon
1 year
Proof of Stake (POS), usually presented as an alternative to POW, is not concerned with the objective mathematical truth. It is a mechanism for deciding who's got the right to confirm the chunk of history this time. (2/6)
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@ErgonCoin
Ergon
1 year
(In POS) The freedom to join the consensus is closely tied to the cryptocurrency supply distribution - a new participant has to buy the coins from someone to be allowed to join. (3/6)
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@ErgonCoin
Ergon
11 months
4. fixing Deif: defi is powered by stablecoins and deflationary cryptocurrencies. This causes huge risk of things such as cascading liquidations, depegs, and over-collateralization, reducing capital efficiency
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@ErgonCoin
Ergon
11 months
@Cryptogether_ @yuvacypto @Lamsito_eth @xeggex @XpenseXPE Our market cap is about $50k right now. We are an elastic proof of work coin. Be sure to DYOR
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@ErgonCoin
Ergon
1 year
@KTrzeszczkowski True freedom is the end goal of cryptocurrency. We need stability for people to confidently exist in this paradigm
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@ErgonCoin
Ergon
11 months
5. Liquidity provision: liquidity providers earn fees by adding liquidity to the market. LPs incur something known as impermanent loss when assets become volatile. Because Ergon has an equilibrium, the loss is virtually eliminated, so LPs get better yield.
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@ErgonCoin
Ergon
1 year
@scott_lew_is Hopefully on a stable base like Ergon!
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@ErgonCoin
Ergon
1 year
This truth carries over its weight onto the record of history. It's powered by electricity Additionally, it is completely unstoppable. It's like digging sand. Nobody can prevent you from participation. (5/6)
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@ErgonCoin
Ergon
1 year
Ergon is peer to peer digital cash. It is designed to be equally scarce and price stable through dynamic block rewards. Simply put, Ergon is Bitcoin with a decentralized elastic supply policy. Supply grows in proportion to demand, resulting in a price stable decentralized cash
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@ErgonCoin
Ergon
1 year
@kaiynne Nothing pegged to the dollar is decentralized
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@ErgonCoin
Ergon
1 year
@cypheronin @ErgonCoin is bitcoin with proportional block rewards aka stable price
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@ErgonCoin
Ergon
1 year
@YouKenTrust @hackernoon @brian_armstrong @cbventures Ergon is based on proof of work and proportional rewards
@ErgonCoin
Ergon
1 year
the world has yet to see a stablecoin that solves the trilemma by being sufficiently decentralized, stable, and capital efficient. $XRG has the potential to solve this trilemma. It's not pegged, or collateralized, it's a base asset, and it's valued based on energy proportionally
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@ErgonCoin
Ergon
11 months
5. Oscillations and store of value: Ergon has a fixed production cost, so price always trends to an equilibrium. By buying at the equilibrium, your value remains the same. Ergon will be a safe heaven during speculative bubbles and volatility.
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@ErgonCoin
Ergon
11 months
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@ErgonCoin
Ergon
1 year
@MrBigWhaleREAL Proportional block rewards with @ErgonCoin
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@ErgonCoin
Ergon
1 year
there is a qualitative difference between the consensus algorithms. They answer a different question, solve a different problem. The miners are not wasting electricity. They are manufacturing something of value - the objective truth. (4/6)
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@ErgonCoin
Ergon
1 year
@hoffmang @TibsJj We say no to proof of stake
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@ErgonCoin
Ergon
11 months
@auditmeplease @rajatsonifnance Objectivity and cost. POW is based on energy consumption but POS is self referential, which is dangerous if you're trying to establish value
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@ErgonCoin
Ergon
1 year
@elonmusk @nghiacc @WallStreetSilv We need Ergon. Stable bitcoin-like money
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@ErgonCoin
Ergon
11 months
@zheyiciwoydying We like Zeph. It's a good innovation for privacy and stability. However our philosophies are quite different. We don't believe in pegs or collateralized stables as they are difficult to scale.
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@ErgonCoin
Ergon
1 year
@ThorHartvigsen Don't forget Ergon $XRG @ErgonCoin
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@ErgonCoin
Ergon
11 months
@No_man_one @Reviewerst @RuggedWojak @xeggex The coin should find a stable equilibrium, it's not supposed to continuously rise unless the mining cost rises. This meme sort of demonstrates what happens but it's not financial advice.
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@ErgonCoin
Ergon
1 year
@Justin_Bons This is what we believe here at Ergon
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@ErgonCoin
Ergon
1 year
@twobitidiot @VivekGRamaswamy Ask him how Bitcoin is going to scale liquidity when it's deflationary ;)
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@ErgonCoin
Ergon
10 months
@OwenBenjamin This is why Ergon designed a proportional rewards blockchain. Stable price for a real currency, and no early minting that enriches insiders!
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@ErgonCoin
Ergon
11 months
@No_man_one @Reviewerst @RuggedWojak @xeggex We could spike to that value if demand outpaces supply dramatically, but this spike won't last, it's designed to come back down.
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@ErgonCoin
Ergon
1 year
@gitcoin As long as the incentives are good
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@ErgonCoin
Ergon
11 months
@No_man_one @Reviewerst @RuggedWojak @xeggex Equilibrium depends on the production cost of coins. When market cap was $5k we thought equilibrium was $1k per coin, but after price discovery it turned out to be around $2k. Price may rise above equilibrium, and it's up to miners and traders to bring it back down.
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@ErgonCoin
Ergon
1 year
@ViktorDefi "Flatcoins" like Ergon 💪
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@ErgonCoin
Ergon
10 months
@itachiseverim @Defaultplayer13 Remember, all explosions are temporary. Ergon has the proportional reward system - with a constant cost of coins in terms of resources, high price summons new miners to create new coins. It experiences oscillations but there is an equilibrium to which Ergon always comes back.
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@ErgonCoin
Ergon
1 year
What makes @Ergoncoin different from other #flatcoin solutions like @NuonFinance @SPOTprotocol @lendrnetwork is that it is produced by proof of work and doesn't use collateral to function. @brian_armstrong we invite you to experiment with a proof of work flatcoin
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@ErgonCoin
Ergon
10 months
@lamafolee @itachiseverim @Defaultplayer13 Ergon features reward proportional to the hashrate. The more hashrate - the more coins. This is the mechanism that stabilizes the price, but it has some delay and it causes oscillations. It means that although Ergon won't pump long term, you can profit by exploiting oscillations
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@ErgonCoin
Ergon
11 months
@auditmeplease @rajatsonifnance To be honest, not sure POS is even possible. If it was it would be extremely inefficient and fragile
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@ErgonCoin
Ergon
1 year
Peer-to-peer electronic cash must have a monetary policy that is flexible enough to respond to demand. $XRG does this by making block rewards proportional to work so that supply creates price stability Unlike most "stablecoins" it does not peg itself to centralized fiat
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@ErgonCoin
Ergon
1 year
@IMlchae It is a coin that is meant to stay stable in purchasing power. As apposed to a stablecoin which loses purchasing power with inflation.
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@ErgonCoin
Ergon
11 months
@Stonks77676205 The power of true decentralization. We aren't in charge of anything. All We do is try to educate people on how it works! :) ❤️
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@ErgonCoin
Ergon
11 months
@c_cdst Hi! We are available on Xeggex. But be sure to dyor about the project. We created a stable equilibrium for cash and store of value. The idea is to buy at or below equilibrium so that your value is always stored. Buy below equilibrium and sell above it. This is real money.
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@ErgonCoin
Ergon
1 year
Ergon is a solution to the former. Its primary goal is to allow people to be free to transact with whomever they want. If you want to get wealthy with Ergon you have to provide goods and services that are useful to society
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@ErgonCoin
Ergon
1 year
@owocki Crypto is coordination technology. Social scalability, mutual outcomes, positive sum games.
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@ErgonCoin
Ergon
11 months
@owocki Bullish on retroactive karmic hypercerts
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@ErgonCoin
Ergon
1 year
@Dynamo_Patrick Only thing missing is a stable p2p currency
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@ErgonCoin
Ergon
11 months
@scorpioo007 @RuggedWojak Ergon supply grows proportionally to hashpower. The price is designed to oscillate around an equilibrium
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@ErgonCoin
Ergon
1 year
@jeffemmett Ergon can make a world reserve currency as it is inspired by bitcoin but supply is elastic
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@ErgonCoin
Ergon
1 year
@RiddlerDeFi That's a good thing. People can gamble on people, and real cypherpunks can build real crypto without being disturbed
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@ErgonCoin
Ergon
1 year
To read the full article on Objectivity of proof of work click here:
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@ErgonCoin
Ergon
11 months
@Stonks77676205 Also there's no team. It's not "our" coin. It's just an asset that why support. The difference between us and bitcoin is that there's actually a fair price, so when know when it's overvalued & undervalued
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@ErgonCoin
Ergon
11 months
@Reviewerst @DegenHuunter This is accurate. Please be advised that Ergon will release more supply to stabilize price. While we cannot give financial advice. we do try to educate traders to understand the price oscillations. More demand makes price go up; and more tokens are released to bring it back.
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@ErgonCoin
Ergon
11 months
@JPcrepairs87433 @Defaultplayer13 Actually it's designed to oscillate
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@ErgonCoin
Ergon
1 year
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@ErgonCoin
Ergon
11 months
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@ErgonCoin
Ergon
1 year
@david_seroy @lylepratt @GeorgeGammon Basket of goods, or the average price of energy. Ergon uses proportional POW rewards to stabilize price
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@ErgonCoin
Ergon
1 year
@bitcoin_eagle @AbelitoPanama That's because money needs to be stable
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