Guy Incognito retweeted
We have arguably built the most advanced eutxo and mining client to date with lithos protocol.
The goal is end to end do everything locally on your own machine.
Crypto used to be for people that host p2p servers. Crypto has been downhill since that changed.
The client server relationship is for users to get used. There is power in a peer.
Guy Incognito retweeted
ETH as store of value soes not make sense monetarily as cost of production for new money is about zero. ergo:native with PoW, tail emission, demurrage, etc is perfect SoV after 7 years of hardening. More, there is demand coming from utilities & community now works hard on new directions
Guy Incognito retweeted
Ergo is OG like Bitcoin 2011
OGAudit Web3 Research: @ergo_platform ergo:native - eUTXO PoW Layer-1 & Non-Interactive Zero Knowledge Infrastructure.
Ergo operates as a purpose built PoW Layer-1 blockchain explicitly engineered to deliver secure, composable and privacy preserving financial contracts without compromising long term decentralization or computational predictability:
- Ergo pairs Bitcoin’s UTXO transactional security with powerful smart contract capabilities via the Extended UTXO (eUTXO) framework and ErgoScript. This enables complex multi stage contracts like NiPoPOWs and algorithmic stablecoins with deterministic execution costs and offchain state verification before transaction submission.
- Driven by the Autolykos II memory hard PoW algorithm, Ergo prevents ASIC monopolization by optimizing for GPU mining. To eliminate state bloat, Ergo enforces onchain Storage Rent charging a small fee for UTXOs left untouched for 4+ years to recycle abandoned state storage and incentivize miners long term.
- ERG token functions as the native fuel for paying network execution gas fees, the mining reward asset securing Autolykos PoW consensus and the underlying collateral powering ecosystem DeFi protocols such as SigUSD and Rosen Bridge.
Is this an indispensable PoW primitive powering resilient, contract rich financial self sovereignty or do miner hashrate migrations and developer onboarding hurdles constrain ERG market capitalization?
Category: Proof of Work (PoW) / Layer 1
Coin Name: ergo:native
Market Cap: $23.65M
OG Score: 33
OG Score Rank: #196/952
Guy Incognito retweeted
It seems @coinexcom is selling users ERGs at the moment. The biggest liquidation in Ergo history!
Guy Incognito retweeted
Started a new tg supergroup for developers and users of cash2cash, digital free banking on steroids aka Basis, Rosen Intents, Insuramp etc,as interest here should be mostly from outside Ergo circles I suppose. It is called Unstoppable Money Markets. You know where to find a link
Guy Incognito retweeted
Ergo was built with no VCs. And they are not needed and usually not interested in solving hard problems people have with fiat money
Guy Incognito retweeted
Lithos live on Mining Pool Stats 🔥
✅miningpoolstats.stream/ergo
#Ergo ergo:native
Guy Incognito retweeted
Now that we're on mining pool stats, time to get ad banners and see get some extra things placed that shows profitability clearly for people.
Lithos is weird vs a traditional pools metrics.
Nothing else exists in the same category of proof of work mining.
Just adding a $ / MH stat and we would be good.
Be a smart miner. Mine lithos.
Guy Incognito retweeted
Darkfi must be stopped before its too late.
They are literally using dark nature forces (cryptography) to overthrow the state, goyim.
Guy Incognito retweeted
Luxor lets you hedge Bitcoin hashrate through their platform and a regulated exchange.
Lithos lets you do it peer to peer, on chain, with no intermediary.
Two miners post a margin, pick a difficulty strike and window, and a smart contract settles the outcome automatically.
Guy Incognito retweeted
NiceHash makes up 15 - 30% of Ergo hashrate, most of it going to centralized pools and barely making revenue.
Lithos users can outbid every single normal miner on NiceHash due to the profitability increases they get.
The older renters get pushed out, since they don't use Lithos and can't afford the new price per hash, and it will change the rigs from pointing at centralized pools to a decentralized one.
In the current state, it is pretty close to free money vs pointing towards a pool.
NiceHash's market hasn't priced in Lithos at all.
Guy Incognito retweeted
No trusted middlemen, no kyc, just free crosschain markets reddit.com/r/ergonauts/comme…
Guy Incognito retweeted
CEXes are failing us. KYC is a crime. Fiat is killing free markets and increasing inequality. We need to work on future free of these parasites.
Guy Incognito retweeted
@BasisonErg is the fourth pillar and atm there are last checks before the first deployment. It will be used to incentivize work on other pillars
Guy Incognito retweeted
Software development economy is moving rapidly into unchartered waters. Tradfi wont propose any working solutions anytime soon. Good time for experiments on top of digital permissionless free banking
Guy Incognito retweeted
Reminder,there a lot of no kyc swap services for Ergo, such as
@GhostSwap_io
please provide more swap services you ve tried to buy
ergo:native
from and their kyc status in comments
Guy Incognito retweeted
cash2cash 🤔
reddit.com/r/ergonauts/comme…
