Review on Ergo by Muhammet Hotjaowezow

Ergo, we present a new flexible blockchain protocol. Ergo was created to expand programs that are not centralized in an effective, reliable and easy way to enforce financial agreements. To achieve this goal, Ergo consists of various technical and financial improvements to current blockchain solutions. Using ErgoScript, we can encode sentences that can be used in cash: who can consume them, at the same time from what external conditions, to whom, and so on. . Extended support for vulnerable nodes makes the Ergo user enjoyable as it allows you to sign contracts on unreliable commodity devices. For long-term use, Ergo follows survival techniques - it uses widely sought-after answers that do not pose a protection issue. The future will help reduce productivity over the years with the new financial version. As a result, Ergo has a self-organizing protocol that allows you to absorb new ideas and develop yourself in the future. For more than a decade now, from Bitcoin to the present, the blockchain era has proven to be a reliable way to keep records in the public domain and trade based on 0.33 events, including traditional financial institutions. After reaching market capitalization of more than $ 300 billion in 2017, the Bitcoin network has not been attacked despite its high potential. It promises that this resilience, financial strength and popularity of cryptocurrencies will be achieved through a mixture of current cryptographic algorithms and decentralized architecture. However, this tolerance has not yet been confirmed for systems that are expensive and have a long-term economy. To use any trusted block, contributors must download all operations on the network, use network assets, and browse each other. In addition to using the community, operations processing calculations are also used by sources, especially if the transaction language is sufficiently flexible. As a result, blockbusters have to buy big facts in local warehouses, and garage claims are growing unexpectedly. Some of these statistics should be kept in mind. Thus, transaction processing uses thousands of different computer systems around the world, and the adoption of these resources is typically paid for by customers. In some current systems, payments may sometimes be excessive, despite the recipient’s income subsidy. As a result, more than a decade later, blockchain technology is no longer used in extreme security economic programs. Disadvantages of excess prices. In addition to the vanilla currency example, another use of blockades is to build decentralized programs. Such programs have the ability to write smart contracts that implement the logic of the main platform through a separate platform language. One way to group smart contracts into blockchains is to use UTXObased (e.g. Bitcoin) or account-based (e.g. Ethereum). The full cryptocurrency, which is based on Ethereum, provides unique contract money that can be managed by code that can be used due to incoming transactions. While this method allows for neutral calculations, the implementation of complex pricing conditions could cost $ 150 million in Ethereum’s 2017 “simple” multi-signature deal. UTXO-based cryptocurrencies have scripts for each coin and must meet the conditions set out in the script to spend the coin. Implementing such protection conditions is not more difficult with the UTXO model, but it is very difficult to do a full Turing calculation. However, the highest monetary contracts do not require the fullness of Turing. Ergo is entirely based on the UTXO version and provides a convenient way to implement financial packages, including the use of bulk blocking. While the contract factor is important for building decentralized programs, the strength of the block is also important. Blocking devices targeting software are the simplest and most complete place for years. As such platforms face challenges in years of declining performance, their robustness is questionable.