Not just that, as mentioned, the industry has had a surge in its overall growth and popularity recently, thus helping it to reach greater heights! To begin with, cryptocurrencies as the name suggest is nothing but a form of online or virtual currencies that can easily be made use of for a variety of purposes including the purchase and sale of goods and services as well as for the purpose of trade and exchange over cryptocurrency exchanges available online.
In other words, crypto is a blockchain-based platform that is known to be decentralized to its very core. Being decentralized, the crypto world becomes more than capable of stepping outside the overall control and jurisdiction of central authorities and can work freely without any unnecessary government interferences as well.
Also, when the industry was first introduced there were not many currencies to choose from and honestly, not many people were looking to be a part of it either as people back then were very skeptical with respect to the return on investments they could expect as well as the safety of their money too. That is surely not the case anymore as today, we have pools of currencies available for investors to choose from, with newer ones coming in with each passing day and tons of new investors joining in every hour.
Speaking of a lot of currencies available today in the marketplace, some of the most popular ones worth investing in includes Bitcoin, Cardano, Baby Doge, Ethereum, Dogecoin, Polkadot, Binance Coin, PancakeSwap as well as EverGrow Coin to name just a few of course. Being volatile, it is important for you to be aware of the fact that, it is not always possible to predict the price changes and act accordingly as the price fluctuations in the crypto marketplace are almost immediate, thus leaving no time to plan.
Therefore, whenever dealing in online currencies, keep in mind that, if the industry is providing you with an opportunity to earn huge profits and make quick money, if not done right, you could also end up having significantly huge losses as well.
Not just that, as per the chatter amongst some of the leading experts on the field, it has come to our notice that, crypto is rapidly progressing towards completely revolutionizing the global payment system and from where I stand, it looks like it has already started to do so as many merchants and businesses have started accepting crypto as an official mode of payment from their customers.
Now that you have a brief backstory about the crypto world, you will be able to have a much better understanding of what we have with us today, Aergo. To know more, I suggest you read further! Aergo is nothing but simply a platform that is known to describe itself as an open-source enterprise blockchain platform that is optimized for hybrid deployments, which is also said to be conditioned for permissionless as well as permissioned blockchain architectures.
In other words, the Aergo protocol is known to be entirely focused on allowing enterprises as well as developers to build, design, and deploy blockchain-based applications on private or public networks. Not just that, Aergo includes support for easy data handling along with familiar smart contract programming for developers. Also, the said platform is built and utilized by Blocko , which is a Samsung-backed South Korean company for blockchain technology that, according to Korean media sources, has been able to deploy production blockchain solutions for several large scale clients including Korea Exchange, Lotte Card, Hyundai Motors and a lot more.
Before moving any further, it is probably worth noting that, AERGO is the native utility token of the Aergo platform, which as a matter of fact can be used for a variety of purposes on the platform itself like being used for deploying smart contracts, paying for other services on the platform as well as staking of course. In addition to this, designed for enterprise use cases, Aergo is known to provide infrastructure for enterprises as well as developers in order to host decentralized applications DApps based on the Aergo chain.
Furthermore, the platform is known to offer a smart contract engine, thus supporting Lua and SQ. Other than this, all private blockchains on the Aergo platform are known to run on a Proof-of-Authority consensus mechanism powered RAFT algorithm, while the public blockchain network is referred to as Aergo mainnet, runs on a Byzantine Fault Tolerant Delegated Proof of Stake mechanism.
Moreover, in order to vote as well as manage block producers, users on the network are able to use Aergo to pay enterprise-grade cloud providers such as large telecommunications firms in order to host their private blockchains on dedicated nodes.
All in all, Aergo is an open platform that is said to allow businesses to simply build innovative services as well as various applications by sharing data on distributed and trustless IT ecosystems. As mentioned, Aergo is designed as a flexible, plugin-based smart contract infrastructure and client actors can easily execute smart contracts that are written for the Ethereum Virtual Machine or AergoSQL.
Also, the Aergo newtork will be the backbone of Distributed Directories as well as Github-like public and permissioned repositories. Lastly, through implementing smart oracles, AERGO will also allow smart contracts to easily consume data with external services or internal databases and trigger events for that matter. Now that we have talked much about Aergo, some of you must be wondering, whether or not it is a good idea to invest in the platform?
As of today, the price of Aergo is about 0. Not just that, in just the past twenty-four hours, the value of Aergo has gone down by 2. Rank Market Cap. Fully Diluted Market Cap. Volume 24h. Circulating Supply. Max Supply. Total Supply. Buy Exchange Gaming Earn Crypto. Aergo Links. Aergo Contracts. Ethereum 0x91af Please change the wallet network Change the wallet network in the MetaMask Application to add this contract.
I understand. Aergo Tags. Category Platform. Industry Enterprise Solutions. Aergo to USD Chart. What is Aergo? What are its use cases? Here are some other articles that you may be interested in: What Is a Crypto Faucet? What Are Crypto Debit Cards?
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The protocol includes a number of designs that aim to mitigate key issues currently experienced with existing public and private blockchain protocols. It provides a smart contract engine with support for Lua and SQL and includes a number of features and frameworks such a distributed version and concurrency control. The Aergo Platform proposes to provide a set of infrastructure components for enterprises and developers to host blockchain applications based on the Aergo Chain.
It aims to offer a set of cloud computing execution capabilities to deploy applications such as orchestration, management, deployment, scheduling, and a comprehensive web-based interface to access its features. Aergo is proposed as a simplified solution for developers and business users to build and deploy decentralized applications and enterprise-IT solutions using a flexible hybrid blockchain architecture as well as a serverless utility computing platform. However, it does not provide decentralization well compared to Ethereum.
While Ethereum is composed of direct democratic foundation, our work resembles a vote-mediated indirect democracy. In our case, since performance has been heightened, decentralization has been reduced. Therefore we are attempting to form a linkage with Ethereum and bring their reliability and decentralization.
As I mentioned, hybrid model links two different chains through our internal technology, Merkle Bridge. We provide a technology that allows transfer of digital assets from one side to another. AERGO intends only to allow users with adequate permission to access ledger data by providing git-like private repositories.
By creating a new branch from a remote parent branch, users are able to keep newly created blocks in a private branch, such that they are isolated from the public. Only with those permission to the specific repository housing the branch are able to access the blocks. A specific branch can be synced with remote repositories to exchange data. In this case, the private branches of the repository can either cherry-pick relevant commits from the public repository or merge the whole change set automatically.
Smart oracles seek to provide following functionalities:. From the perspective of a smart contract, smart oracles are external factors that are coupled to a specific smart contract; smart oracles react to changes to the coupled smart contract and inject data as a response. In some cases, smart oracles can trigger smart contracts autonomously. From the perspective of a dApp , smart oracles implement micro-services that expose external functionalities required by the dApp.
Since smart oracles and dApps can communicate off-chain , the micro-services provided by smart oracles can be used to implement an out-of-band communication required by the smart contract; a common use-case includes exchanging an authentication token between a smart oracle and dApp. Wiki Content. Bitcoin Uncensored Bitcoin. Explore Wikis Community Central. Register Don't have an account?
AERGO is an open-source hybrid blockchain smart contract platform for decentralized applications. With AERGO, you can improve your business efficiency and. The live Aergo price today is $ USD with a hour trading volume of $6,, USD. We update our AERGO to USD price in real-time. Aergo is down %. $AERGO innovation continues with the addition of AERGO Timer Service. AERGO Timer Service is a trustless service that uses off-chain nodes to interface with the AERGO blockchain. Create timers and schedule various calls on your smart contract.