About Ergo:

Ergo

Ergo is a proof-of-work blockchain platform created by IOHK, the same company that developed Cardano, which is intended to work in conjunction with Cardano. Ergo is designed to provide advanced financial contracts and decentralized applications (dApps), and shares Cardano's scientific philosophy, with a focus on research-driven development, security, and scalability.

Ergo's key features include support for smart contracts, token issuance, and decentralized finance (DeFi) applications, making it a powerful platform for creating and executing complex financial transactions. While Ergo and Cardano are separate blockchain platforms, they share some similarities and are designed to be interoperable, allowing for seamless exchange of information and assets between them.

For example, Ergo's native token, ERG, can be converted to Cardano's ADA using a special bridge developed by IOHK. Ergo's emphasis on security and advanced financial contracts make it an attractive option for developers looking to create DeFi applications, while its interoperability with Cardano provides additional flexibility and opportunities for innovation.

While they aren't directly built on the Cardano blockchain they have openly stated that they have a strong parternship with Cardano and are working together in several areas.