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What is AERGO coin and how does it work?

by Financial Economy

AERGO Coin is the native cryptocurrency of the Aergo platform, which describes itself as an open source enterprise blockchain platform optimized for hybrid deployments consisting of both permissioned and permissionless blockchain architectures. It is stated that the Aergo platform has SQL support, which allows for easy data processing and smart contract programming for developers. Detailed information about what is Aergo coin, how does it work, how much it costs, how to buy it, which stock market it is on, etc. is in the continuation of the content. You can browse here for information about Certik coin (CTK).

What is AERGO coin and how does it work?

AERGO is a platform created by Samsung-backed South Korean Blockchain technology company Blocko, which implements Blockchain manufacturing solutions for large-scale customers such as Lotte Card, Shinhan Bank, Korea Exchange, Hyundai Motors. The platform’s token is also called AERGO.

Designed for enterprise use cases, Aergo provides organizations and developers with the infrastructure to host DApps based on the Aergo Chain. It also offers a smart contract engine that supports Aergo, Lua and SQ. Private blockchains on the Aergo platform run on the RAFT algorithm powered by a Proof-of-Authority consensus mechanism, while the public blockchain network, the Aergo mainnet, runs on a Byzantine Fault-Tolerant Delegated Proof-of-Stake mechanism.

How to use Aergo?

Users can use the platform to vote and manage block producers, to host private blockchains on private nodes, and to pay enterprise-level cloud providers such as large telecommunications firms. In addition, it is stated that Blocko’s future services will be based on Aergo Enterprise products, which require AERGO tokens to operate.

How to buy AERGO and on which exchanges is it available?

Aergo is listed and can be purchased on exchanges such as Binance, OKEx, Mandala Exchange, KuCoin, etc. But before trading, it is necessary to make sure that the relevant cryptocurrency exchange is “RELIABLE and WELL KNOWN”.

Aergo coin price!

As of January 13, 2022, the price of 1 AERGO is around $0.24 (price can change instantly).

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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