AERGO is an open source platform where enterprises can share data on a trustless and distributed IT ecosystem and build innovative applications and services. AERGO tokens are practical and run on the AERGO platform. Designed to serve the different functions of the AERGO platform. AERGO tokens are the medium of exchange within the AERGO ecosystem.

Project Introduction

Aergo Chain is an open source hybrid blockchain protocol that combines aspects of public (trust/decentralized) and private (performance/control) blockchain to cater to enterprise and government-level use cases**
The Aergo platform provides enterprises and developers with a set of “infrastructure components” to host blockchain applications based on Aergo Chain. Aergo provides a smart contract engine that supports Lua and SQL as well as various features such as distributed versions and concurrent control.
The private blockchain on the Aergo platform runs on the RAFT algorithm based on the leader's proof of authority (PoA) consensus mechanism, while the public blockchain network Aergo mainnet runs on the Byzantine fault tolerance Proof of Stake (BFT DPoS) mechanism.
To vote and manage block producers, you need to acquire and stake AERGO tokens. Users can decide to pay cloud providers to host their private blockchains on dedicated nodes instead of hosting themselves. Enterprise customers can access other third-party services through AERGO.