Where did Aergo coin come from? Is Aergo coin mainstream?

Where did Aergo coin come from? How did Aergo coin come into being from blockch

Where did Aergo coin come from? Is Aergo coin mainstream?

Where did Aergo coin come from? How did Aergo coin come into being from blockchain technology?

Firstly, in the world of blockchain, aERGo is a decentralized, distributed network protocol composed of a group of super nodes responsible for accounting and verifying block information. In this, mining pools as participants will have voting rights, and exchanges will operate this protocol through smart contracts and provide liquidity to project parties and traders. Additionally, Aergo can be used for mining rewards, which will be used to pay for block fees. Currently, Aergo has received funding from the global digital asset investment institution, Crypto Valley Capital, and the University of California, Berkeley.

Aergo, on the other hand, is a token issued by Aergo Foundation in January 2017 based on the ERC-20 protocol, with a total supply of 5 billion coins, of which around 60% belong to the team and the remaining 10% belongs to individual investors.

Is Aergo coin mainstream?

Is Aergo coin mainstream?

According to media reports, the trading volume of Aecoin Exchange reached nearly $400 million in September 2018. According to Coinmarketcap’s data, in January 2019, the platform generated over 1 million cryptocurrencies (including Bitcoin). By the end of June this year, this number has grown to $5.16 billion, of which about $3.07 billion was generated through exchanges such as Bitfinex and Binance.

Currently, Aecoin has a market value of $289 million. In comparison, the second-ranked XRP has fallen from its highest point to the current 0.0002 cents, with a rise of 11.7%. The third-ranked LTC has been rising since early August, and the fourth-ranked EOS has also experienced a decrease of over 10% from the previous month.

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