Thread by @cyrilXBT

After 24 hours of researching about #ergo's security and privacy

Here are some impressive things you SHOULD know about #Ergo , privacy and it's blockchain 🧵

#Ergo $Erg

Considering the whole point of crypto is to not to make people only rich but also free.

#Ergo has been able to maintain it’s standard as a very secure network protocol

Lets take a quick dive into Ergo, the block chain and privacy.

It’s no secret that over the last couple of years, numerous reports from government regulators.

The mainstream media have painted a bleak picture of the cryptocurrency industry.

True crypto enthusiast are aware of the untruthfulness of this narrative.

Privacy is the idea that we are in charge of who can see what information about us and to what extent.

Why then, does the government oppose the privacy of its citizens?

It might seem logical at first that the government would oppose private cryptocurrency transactions.

The reason the government opposes privacy of the general public is because,
What other means would they have to stop terrorism?

If all people had to do to pay their taxes was to remain anonymous, how would they do that?

And also, if no wrongdoing has happened, why would somebody feel the need to conceal their information?

By acting discreetly outside the bounds of the government to seek innovative ideas, it empowers citizens to contest its legitimacy.

This is exactly what Satoshi Nakamoto envisioned when he created #Bitcoin

#Ergo is a platform for next-generation smart contracts that guarantees the financial independence of common people by providing safe, convenient, and decentralized financial instruments.

Therefore, anyone may make and verify transactions with total confidence thanks to #ergo's non-interactive proof-of-proof-of-work (NiPoPoW)

without requiring the space, connectivity, or time needed to download the entire blockchain.

#Ergo offers the best support for real world agreements

#Ergo is able to handle flexible dApps that operate reliably, pay a low cost of transaction, and lack any risks associated with unlimited functionality

Also #ergo's smart contracts enable us to carry out a variety of tasks

Making the functionality of financial contracts on the blockchain secure, usable, and powerful is just as important as creating the functionality itself.

That's something we can't forget about.

This is a standard Ergo has been able to do so far by utilizing a research-driven yet practical development strategy to prioritize useful features without sacrificing security

Alright , that's it for #Ergo $erg #Ergonauts

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Also every Thursday I write the communities top voted project. 🧪

Everyone deserves FREE impactful knowledge.📚

Let me know if you found this thread helpful. #Ergo $erg #Ergonauts

What's your opinion on #erg ? What did I miss?

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