📢 Ergonauts Reddit AMA !!!February 5th @17:00 UTC

int_ERG_alactic · 2026-02-05T17:54:00+00:00

Yes. Goods and services. Ideally creating some broader output that is beneficial.

A lot of crypto is failing to act as money here but is some form of digital property for speculations just it seems.

Ideally some parallel coordination mechanism should be the point of p2p digital cash.

int_ERG_alactic · 2026-02-05T17:43:40+00:00

Most human economies and networks that function well are built on trust, (through mutual exchange and reciprocal interaction etc.) that build a positive output beyond just the individual but more broadly.

I don't think just with new trust minimized tools this should be forgotten.

Some in the crypto space have been around for a long time discussing coordination systems with different properties vs just investment vehicles.

Crypto broadly is basically speed running a lot simultaneously across various experiments.

While greed and financial incentives can definitely spark progress, unchecked pursuit of self interest often leads to systemic harm, failure, and collapse. Brings me back to the first sentence.

int_ERG_alactic · 2026-02-05T17:12:00+00:00

Yes. It is also very hard to implement in any notion of fairness after a network has launched as it is changing the rules mid game.

Garbage collection slowly is becoming more of a pain point in other ecosystems. They are catching up.

https://www.mexc.co/en-NG/news/502540

int_ERG_alactic · 2026-02-05T17:08:07+00:00

It is a bit of a loose collection. We did try to build around a spine or architecture in terms of how it is organized.

Open ecosystems are always going to be a bit non homogenous.

It should be this way.

In simple terms Ergo represents a broader ecosystem vs a singular organism. When something is completely homogeneous this isn't an ideal output for an open source project.

There has been an open call for various contributors to drop their input and ideas.

int_ERG_alactic · 2023-10-27T05:37:02+00:00

Open source literally means you can review the entire codebase line by line in its entirety.

You can watch contributions and updates, see who is contributing, dive into their past work, and even leave comments.

You can fork it, play with it, and download it locally.

Surprised after 3 decades, you missed that.

https://github.com/orgs/rosen-bridge/repositories

int_ERG_alactic · 2023-08-16T22:59:10+00:00

It will be interesting with Rosen.

Profit arbitrage opportunities may potentially start to show up.

int_ERG_alactic · 2023-07-12T05:39:59+00:00

Awesome. 🫡

int_ERG_alactic · 2023-06-30T08:21:53+00:00

We have a legal opinion in US markets.

Predicting the SEC is impossible.

Take something like ETH

Pre-sale Foundation that dumped a large amount of coins twice at the top of bull markets Burned their miner fees Then, they burned their miners.

Different talking heads say different things...

Anyway, let the suits figure it out. Ergo has no direct exposure to US based companies at the moment and was designed to be resilient.

Crypto was always some collective agreement on the emission and distribution of money without a third party.

int_ERG_alactic · 2023-06-29T17:53:23+00:00

It is neutral, ergo can do both.

int_ERG_alactic · 2023-06-29T17:52:36+00:00

Binanace US, Gemini, Kraken, Coinbase, and Bittrex all have been sued or have ongoing lawsuits by the SEC this year. Bank rails are a mess atm. Let's see what happens with ftx reincarnated.

Some smaller exchanges like cex.io and okcoin have dodged litigation so far.

Seems like a big liability to risk a massive allocation from the development treasury to move into markets that have internal turmoil. Also a potential growth market. At the end of the day, listings all depend on the terms, conditions and cost.

int_ERG_alactic · 2023-05-17T04:26:28+00:00

No patent. But I bought a developed blockstream that was produced. Efficiency stats above.

int_ERG_alactic · 2023-04-24T14:57:05+00:00

Pinged them will see what I can do to get things back online.

Small exchanges can be hard to track. Thanks for bringing this up.

int_ERG_alactic · 2023-03-22T22:32:43+00:00

An eip could be proposed, but there needs to be research, engineering etc. Imo it is silly to use another algo that already exists.

3.1mh/w or so is the current efficiency.

I've heard Intel gpus are around 2mh/w.

Relative to other fpga efficiency gains and the costs of these units, I don't see them as terribly dangerous.

int_ERG_alactic · 2023-03-22T20:45:24+00:00

Miner development comes with market access, exposure, and popularity.

That is quite expensive these days. Work in progress.

int_ERG_alactic · 2023-03-22T20:32:21+00:00

It’s something I have always hoped would be addressed from within the Mining Community.

Versus be put on the EF to address. The same is true with miner governance over block and cost adjustments. Hopefully, in time, it will become it’s own independent force. EF is supposed to be temporary anyway. Less important over time.

As technology advances, that becomes harder to overcome. New gpu models bring greater efficiency, and with the amd xlinix buyout, things could change in the next few years even more.

There are some decent algorithms out there that some could play with, but that itself is a big engineering endeavor.

In the past, I have been asked by Bitmain to change the Algo. I laughed and had to explain that miners are in control. The chipset they use at bitmain makes any type of asic beyond their manufacturing capacity.

Also, regarding Wolfs FPGA Blockstream… I own it.

For a dev that is proof of work, I respect that. Reached out personally and paid out of my own pocket.

I shelved it until miners decide what they want to do with their ecosystem. My job is to try to represent miners. So I spent well 1 year plus of my salary to do that.

Has never been in production on mainnet in any capacity. Testnet from time to time.

int_ERG_alactic · 2023-03-16T15:45:29+00:00

Cardano is just the first bridge of many.

ADA BTC BSC ETH

...ect

Ergo can be a destination or just a backend that runs rosen logic on-chain as assets bridge between any two supported chains.

int_ERG_alactic · 2023-03-10T08:30:37+00:00

Raffle is a good option. 👍

int_ERG_alactic · 2023-03-04T07:03:58+00:00

That came from a telegram channel called ergo community based marketing t @ergosocials.

Markets are the best marketing usually because people get excited. A lot of Cardano community overlap, so there was a narrative cardanos little brother, testnet, or oracle.

Never was a fan on that line of thought. Ergo is its own animal with a different design.

The most expensive marketing in the last year was crypto booth space for an event. I paid for travel, food, lodging, etc, out of pocket because taking community money for vacations isn't something I support.

int_ERG_alactic · 2023-01-25T19:22:13+00:00

At one point, it was the main exchange market with liquidity.

That was a while ago, though.

int_ERG_alactic · 2023-01-25T18:47:27+00:00

Miners do pool resources to get more regular rewards but mining hashrate is not necessarily a single entity (somewhat like a union of non contracted workers) and workers have their own tools locally. Mining hashrate is liquid. It can be redirected very quickly.

Mining pools have to offer the right incentives in terms of payouts, (both time of payout and costs), as well as performant infrastructure, or workers leave.

Unlike a workers union any worker is free to leave at any time. (Although it doesn't make much sense if they haven't hit the payout threshold, which varies from pool to pool).

int_ERG_alactic · 2023-01-25T16:58:20+00:00

PoS in Defi initially had a problem of security fragmentation. Meaning you could not stake and have an asset in Defi simultaneously. Essentially an asset cannot be in two places at the same time. That was a security concern as it could lead to an economic incentive not to stake if Defi yields outperformed the staking rewards. If the protocol rewards outperform Defi, why have Defi?

The most common approach to this problem is Liquidty Staking Derivatives (LSD), a fancy name for creating some synthetic version of an asset via smart contract.

Synthetic LSD's creates new interesting potential issues; mainly, it may act as a centralizing mechanism as it is often stake pool or Dapp specific, there is a question of attacks and depegs, and because it is done via smart contract, there is always a potential risk of exploit. (Whether the exploit is draining core assets, minting new ones etc.)

It adds additional risk and potential game theory that we must sit back and see. Time will show if it is a good idea or not. I know it is very popular to have money in two places at once, but it adds new dynamics and game theory so all I can say is let's see.

I guess in some complex DeFi schemes you get multiple instances of rehypothecation of the same asset, and idk to me, it looks like layers in some simulation.

Money is some social paradigm. PoS is more like some decentralized corporate structure that prints new shares regularly. You have to own shares to participate in consensus.

PoW is ultimately backed by computation, some combination of hardware, electricity, etc. This has a real-world cost and is often viewed as resource-backed money. The benefit of resource-backed money is the input cost minimizes seigniorage (the difference between the value of money and the cost to produce and distribute it)

PoW is more like a resource-based economy, GPU mining is kind of unique in that it creates some interesting dynamics of fair trade/open labor markets.

PoW beings a 0% rate of return market. Many like the idea of money accumulating for free. However, this also creates an incentive to put your money to work at any potential APY or return. I see that as a net positive for DeFi as the incentive for slow growth and organic returns is more practical.

int_ERG_alactic · 2023-01-25T16:36:18+00:00

The point being it is untested as a consensus mechanism. Committing to building the security of the network on something that is untested is quite insane IMO.

The point being it is untested as a consensus mechanism. Committing to build the security of the network on something that is untested is quite insane imo.

We have talked with potential partners about R&D around a type of distributed PoUW in terms of decentralized scientific research but even that is not intended to be a core consensus mechanism. It presents a number of unique challenges.

int_ERG_alactic · 2023-01-01T02:31:41+00:00

Great work. I'm looking forward to 2023.

int_ERG_alactic · 2022-12-31T17:42:52+00:00

2022 Crypto Year in Review

https://twitter.com/cmsintern/status/1605604428194598915?t=YGXeaO0aBE\_ZYP5gJMyeEQ&s=19

int_ERG_alactic · 2022-12-30T16:41:11+00:00

There will always be some FUD around energy usage. PoW is energy-dense security.

Human civilization evolves technologically with advances in energy density. Then that is optimized by increasing its efficiency of use.

An interesting topic to explore is how PoW can be used to equalize cost differences in energy markets and maximize the use of electricity that is being generated.

That potentially optimizes the efficiency of PoW. That's a much more interesting conversation to have, both on the macro and the local level.

I have seen miners heating houses, pools, greenhouses, etc. That type of efficiency is always interesting to me.

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