Aergo

What is Aergo?

AERGO is an open-source hybrid blockchain smart contract platform designed for decentralized applications, offering improved business efficiency and creating opportunities for both public and private projects. Boasting the title of "Easiest DApp Dev," AERGO utilizes the Lua smart contract language, making application development accessible even for beginners, including kids. The platform operates on a hybrid blockchain, seamlessly transitioning between enterprise (private to public) and DApp (public to private) environments.

AERGO prides itself on being a real enterprise-grade solution with SQL support, catering to over 50 enterprise clients and featuring 43 current use cases. Its commitment to efficiency is evident through its fast one-second block time and low transaction fees, positioning itself as an eco-friendly platform with near-net-zero CO2 consumption.

---

Recent Video Interview

Main points of the interview:

• Aergo's four-dimensional platform: blockchain integration, enterprise software capabilities, open-source principles, and partner expertise.
• Aergo focuses on hybrid chain innovation, enabling seamless integration of public and private chains.
• Emphasis on enterprise adoption through scalable, secure, and performance-driven blockchain solutions.

---

Design Goals and Current Features

The project's design goals revolve around developer-friendliness, guaranteed performance, scalable architecture, and an open, extensible, inter-connectable network. Present features include the BFT-dPOS with voting, a name system, AERGO Lua smart contracts, Ship development framework, and other sub-projects like Litetree, Sparse Merkle Tree, and Hub Enterprise for management and monitoring.

The roadmap outlines upcoming features such as AERGO SQL, parallelism, simple branching, orchestration with AERGO Horde, and advanced performance features.

Explore AERGO Tools

A range of tools complements AERGO's development cycle, including Aergocli for command-line interaction, Aergoluac for compiling Lua scripts, Ship for smart contract development, and various other tools like Polaris for node discovery and AERGO Scan for network exploration.

Code in SQL & Lua

AERGO introduces SQL and Lua as languages, bridging proven technology with new paradigm technologies like blockchain. Lua, known for video game development, ensures accessibility and ease of use. AERGO aims to be the best way to use blockchain—deployable where needed, easily integrated with existing systems, performant, stable, scalable, and compatible with advanced and familiar toolchains.

Infrastructure

AERGO emphasizes providing endless possibilities for designing applications, from social networks to distributed organizations, with a focus on facilitating creativity. Clients can interact with the blockchain through the Hera SDK family, and AERGO offers a development toolchain, including package management with Aergo Ship. Smart contracts, the backbone of distributed applications, are enhanced through embedded sidechains and proof systems.

Infrastructure-wise, AERGO is available on public testnet and private installations, with plans for orchestrated blockchains using AERGO Horde and an easy configuration and monitoring interface with AERGO Hub.

Aergo 2.0 Core Features

AERGO 2.0 focuses on revolutionizing existing systems, enhancing security and efficiency, and becoming a de-facto enterprise blockchain spanning various sectors. Core features include composable transactions for trustless, decentralized transactions, stability, security, and collaboration with crypto exchanges for direct AERGO mainnet support.

What is Aergo Agora?

AERGO Agora is the on-chain governance network, adopting the name from the open space in ancient Greek cities, symbolizing a gathering place for various activities. AERGO Agora transforms the platform into a fully democratic, self-sustaining, and open ecosystem, allowing token holders to contribute to governing decisions, making it a business-minded DAO and decentralized decision-making framework for the AERGO ecosystem.

Partnerships

Loved by investors around the world, namely Sequoia, Columbus, GBIC, DDC, NGC, LinkVC, Dekrypt, Rocketfuel, J Lab, JRR Crypto, Alphachain, Bazar, Dfund, iCapital, Block Crafter Capital, Arrington, FBG Capital, Connect Capital, Chainfund...

PRoject Development

On February 8th, 2024, all AERGO networks, including the mainnet, testnet, and alphanet, underwent an update to version 2.5.1. This release introduces a crucial encryption algorithm upgrade alongside bug fixes to address potential hard fork issues and networking optimization improvements. Notably, the update serves as a foundational step towards establishing the Web 3 environment.

Key improvements in version 2.5.1 encompass enhancements to the internal status database storage structure, a modification in the default encryption algorithm, and the addition of a web3 API. Detailed information is available in the v2.5.1 release notes, offering insights into the specific changes and optimizations made.

Users are strongly encouraged to upgrade their nodes to Aergo v2.5.1 to fully benefit from the improvements and ensure network stability. The AERGO team facilitates this process by providing the latest snapshot DB on Aergo Snapshots, streamlining full node synchronization. To address recent mainnet stall concerns, an issue report has been transparently shared on Medium, outlining ongoing developments and resolutions for user awareness and engagement.

Aergo Price Analysis

As of November 24 2024 Aergo has a marketcap of $58M. This is {{percentagefromath}} from its all time high of $0.572482. In terms of its tokenomics, there's a total supply of 500M with 93% currently outstanding. Keep in mind Aergo has a fully diluted value of $63M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.