🚨 Exciting News for #ErgoHackVIII! 🚨 We're thrilled to announce that @CKBEcoFund, the first #Bitcoin Layer 2 fully isomorphic with BTC, will be co-hosting ErgoHack VIII! They're contributing a special task with a $1000 prize pool in $CKB tokens for Developing a Lending Protocol on a UTXO-Based Chain! 🏆 This is an incredible opportunity to push the boundaries of UTXO-based #DeFi and showcase your skills as we explore Ergo as Bitcoin's "smart layer". 👉Register now: ergohack.io/register/ Let the innovation begin! 🚀

Next, Moria Finance from @shishirpai, @NautilusWallet, & @ldgaetano offers a platform for managing funds. Its advanced Ergo contracts aim to replace current #Bitcoin custody solutions by providing more expressive features and incentives to switch to rsBTC on Ergo!

Why is #ErgoHack the game-changer event within the Ergo community? 👀👇

It's not too late to join us for ErgoHack! Core developer Alex Chepurnoy has more ideas than time. One exciting prospect? A relay contract to verify and store #Bitcoin headers on the #Ergo blockchain—paving the way for trustless transfers and more. Dive in! 🚀 #ErgoHack

🚀 The countdown has begun! With our next #hackathon just around the corner, we're excited to start highlighting some of the innovative projects you'll see. Meet OPTIONPOOLS by the @duckpools_io team!

🔔 Weekly Developer Update! @qx_ergo chats with Reva from @CUBlockchain about crypto, the recent conference, and much more! youtu.be/APIRA_faWo8 Updates are from core and community devs: - @PaideiaDAO - @chepurnoy - @CyberVerse_io - @skyharbor_io And more! #Ergo

Unleashing the potential of #Bitcoin DeFi is the key theme for the upcoming #ErgoHackVIII. As Ergo aims to become the "smart layer" for Bitcoin, developers are exploring innovative ways to extend Bitcoin's functionality with DeFi capabilities. Decentralized finance has emerged as a major blockchain use case, but its reliance on collateral limits Bitcoin's participation due to its lack of native smart contracts. Ergo's eUTXO model, Sigma Protocols, and ErgoScript offer a powerful solution. One promising use case is enhancing privacy for Bitcoin transactions. Ergo's Sigma Protocols enable funds to be anonymized while selectively revealing information to authorized parties, protecting user identities from malicious actors. Another exciting prospect is Bitcoin-collateralized stablecoins. With Bitcoin's $1+ trillion market cap as collateral, even a small fraction on Ergo could enable robust decentralized stablecoins like SigmaUSD, ChainCash, or a Dai-like model. Yield farming is also a tantalizing opportunity. Bitcoin holders can securely earn returns on their holdings within a decentralized ecosystem, avoiding the counterparty risks that plagued centralized lending platforms like Celsius and BlockFi. Ergo's commitment to decentralization, security, and community ethos aligns perfectly with Bitcoin's principles. The soon-to-launch Rosen Bridge will facilitate trustless BTC transfers, paving the way for new Bitcoin applications outside its blockchain. These are just a few examples of the potential for Ergo to become Bitcoin's smart layer. As #ErgoHackVIII approaches, stay tuned for more exciting developments in the world of Bitcoin DeFi powered by Ergo.

#PoW is a secure store of proven value competing in a world where money printing is commonplace. When the printers go brrr, central exchanges can name their price. When will CEX’s live up to their mission statements and actually facilitate economic freedom…proof of work?

Hello, kushti is here (please check links on Twitter / TG to be sure that this raffle is legit). It would be good to have additional prizes for the upcoming ErgoHack, also there were requests from the community on organizing fundraising. Thus I am starting it, with 500 ERG as a goal, but there is no upper limit really. Funds being raised will be passed to Sigmanauts treasury, and then Sigmanauts will vote on which projects to reward. This will allow for truly collective decision-making this time.

Ergo Raffle

Ergo raffle is a crowdfunding system based on ergo contracts

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ErgoHack 10

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It's great to see this kind of collaboration between Ergo ecosystem projects!

rsBTC has successfully bridged from Cardano to Ergo! This test transfer is important as it illustrates the true multi-chain capabilities of Rosen. As long as there is $BTC locked on #Bitcoin, the rsBTC can freely move between all other supported chains!

Ergo was built to give power to the miners. Mining pools like the Sigmanauts Mining DAO are aiming to gather and educate through a pool run by the collective. Take a peek below!

The Rosen team has successfully performed test bridging of #Bitcoin to #Ergo #BridgeBetter

#ErgoHack VIII: Ergo as a Smart Layer 🔥 The next huge hackathon is coming! 👀 Focus: Exploring #Bitcoin and Ergo's powerful interoperability. Build groundbreaking products: 🔸BTC-backed stablecoins 🔸DeFi apps with BTC 🔸ZK privacy solutions 🔸BTC-backed NFTs & more! Massive $18K prize pool! 💰 Secret $1K sponsor prize for UTXO lending protocol! Dates: ⚡️Kick-off: May 25 ⏳Deadline: June 2 Register now & get ready to #BUIDL! 👉 ergohack.io/register/ The unstoppable Ergo Community is coming for you! 🚀

Listen to Kushti and Armeanio discuss SEC carpet bombing.

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Weekly Update & AMA - May 9th 2024

Calling all Ergo core and community devs! Keep us up to date on what you're building! Every Wednesday in the ergo discord developer channel!

ErgoHack is just around the corner, and we want to hear YOUR ideas for positioning $ERG as a smart layer for #Bitcoin   ! What innovative DeFi apps, privacy features, or cross-chain solutions can we build to showcase Ergo's potential? Reply with your most creative and game-changing ideas below! 👇 The top suggestions might just become a reality at #ErgoHack! 🏆