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We are after creative ideas, not how well you can write!

Hello everyone,

The Dero team is excited to announce our creative writing campaign! (Campaign end date: July.18/2018 UTC)


Dero has written a new blockchain technology based off the CryptoNote protocol with the next major step being new smart contract controls. Dero's new blockchain is coded in golang (Go) to bring together the CryptoNote protocol and smart contracts on the Dero blockchain.

Dero is not simply a privacy coin, but an asset, or even the fuel if you prefer that powers a privacy based blockchain. Similar to other projects with humble origins in uncharted areas of smart contract development, Dero's greatest potential can only be explored if we delve into the creative minds of the community. To that end, we're proposing a creative writing campaign to help foster discussion regarding the possibilities Dero brings by offering true privacy on the blockchain with smart contracts.

We don't want to stifle creativity so we've tried to be fairly relaxed on the rules. The post in reply #1 is an example of one of the posts that helped to inspire this campaign. You may post on bitcointalk, Dero's official forums, or Reddit in the appropriate threads.

Submissions will be judged by the Dero team and the winners will be selected and paid out as follows once per month (4 months total)

Top 3: $20 USD worth of Dero*

Top 4-8: $15 USD worth of Dero*

Top 9-15: $10 USD worth of Dero*

*The number of Dero will be determined by the USD price on exchanges the day the campaign payments are due

Payment date: The campaign is starting on March.18/2018 and will pay out between the 20th and 30th day of the following month for each consecutive month the campaign is active.

Website: https://dero.io/
Forum: https://forum.dero.io/
Whitepaper: https://github.com/deroproject/documentation/blob/master/WhitePaper.md
Official pool http://pool.dero.live/
Explorer: https://explorer.dero.io

Exchange 1: https://stocks.exchange/trade/DERO/BTC
Exchange 2: https://www.southxchange.com/Market/List - (COMING SOON)

DERO STATS: https://coincodex.com/crypto/dero/

GitHub: https://github.com/deroproject

How to mine: https://forum.dero.io/t/how-to-be-part-of-dero-network-start-mining-dero/22

Please follow us on Twitter for the most up to date information as it becomes available: https://twitter.com/DeroProject

Dero has a very welcoming community and we would enjoy the opportunity to have you join us in Slack, Discord, or on Reddit!

https://join.slack.com/t/deroproject/shared_invite/enQtMzAwMDc5MDY4NDUzLTAzOWNjYWZmNDgxZTk1YjNiNWFiYjg1OWNiMmQ2MmUxOWRmNjNjOWM3ODAzMzE3M2RhNzBhZjUyZGQxYjQxY2U

Reddit: https://www.reddit.com/r/DeroProject/
Discord: https://discord.gg/aQcphjF


1. We reserve the right to remove a campaign participant if we find they engage in inappropriate, dishonest or negative behavior, or if they do not adhere to the terms laid out in this post.

2. We reserve the right to make alterations to any portion of the rules and terms of the campaign with the option to temporarily halt, or permanently cancel the campaign or anything referred to herein for any reason.

3. Participants are prohibited from taking any action that may be considered detrimental or otherwise damaging to Dero's reputation and public image. Prohibited actions include, but are not limited to, misrepresentation of Dero or its technology, falsifying information to promote Dero, posting incorrect information (please do your research and use sources), or making any attempt to circumvent these rules and terms.

4. The campaign is starting on March.18/2018 and will pay out between the 20th and 30th day of the following month for each consecutive month the campaign is active.

5. Multiple accounts will not be permitted and any that are discovered will result in a disqualification from ALL campaigns that individual has participated in and any future campaigns/bounties that Dero may issue.




1. All posts must have something positive to do with Dero that do not include speculation or any violation of any terms or rules laid out in this post.

2. Failure to comply with any of the rules or terms will result in a disqualification from the creative writing campaign, and possibly future bounties/campaigns at the discretion of the campaign manager (--Serena--).

3. The creative writing campaign will be judged by the Dero team.

4. All submissions must be a minimum of 100 words, creative, on topic, and most importantly convey potential use cases for Dero known and unknown.

5. There are a maximum of 15 winners per month, however if the Dero team feels that the submissions are lacking in their merit we may opt to reduce the number of potential winners at our discretion.

6. The campaign end date is July.18/2018 UTC.

7. Participants are only eligible for one post entry per month though they may submit as many unique and insightful posts as they wish if they meet the criteria laid out in this post.

The following is an example post written by one of our community members fellestreum

"Here's an anecdote about why I think Dero is important and exciting as a cryptocurrency.

I was visiting a friend in Munich over this past weekend.  I was trying to convince him to invest in the crypto space but he won't (long story: refuses despite in many ways fitting the ideal "profile" of an early investor).  We were walking into the underground (U-bahn) system there and as many of your probably know, Germany uses an "honour" system with its public transport: there are no turnstiles, ticket inspectors standing at gates, etc.  You buy your own ticket, validate it yourself, and carry it with you as you freely use the system (bus, tram, underground/metro, and suburban train).   If you don't do this you are "schwarz fahren", 'travelling black',  and carry the risk of being busted by an undercover ticket agent and fined.  But in Germany in general rules-based compliance is high among the public (German businesses know this: compliance costs are low compared to other countries) and there are relatively few undercover agents (in all my years of visiting and once for a year living in Germany I have only encountered these agents a tiny handful of times).

The system works, but despite this every now and then (in Munich at least) there is talk of introducing a turnstile system, like you have in London, but the idea never really goes anywhere.  Clearly though there is some concern about compliance and its costs, and the costs to the system of those people who use the public transport system without paying.

I remarked to my friend that I could imagine a "smart card" system, where you buy a card and top it up, or get billed after the fact (like with a mobile telephone account), and you only need to carry this card when you use the system.  There would be various sensors at entries and exists, and the system would "know" when you rode the system without paying, and you would either get apprehended as you exited a station (or a bus/tram) if you had no card, or your account would automatically be billed as needed.  People who kept their account in good standing would never have to worry or even think about the process.  There would be various discounts for students, retired people, low-income people, just as you have now.  You could be billed per use, or buy a monthly/yearly pass, and so on.  This "smart card" system would preserve the convenience and friendliness of the current system (no turnstiles), while cutting compliance costs even further.

My friend pointed out that this would be a privacy nightmare: the system (or the government, etc) would be able to track everyone and know exactly the locations of people, their travelling habits, and so on.  (An anathema to Germans, in particular.)  I immediately shouted: "Bingo: blockchain!".  A smart contracts system implemented on an obfuscated blockchain could solve this problem.  The system could validate that users had paid for their use of the system, and deduct their account accordingly, without knowing where the entry and exit points, or their times, etc, were (except when somebody travelled without a smart card at all, of course).  More importantly, a properly-educated public would know this and have faith that they could use such a smart charging system without having their privacy compromised at all.  Indeed, using the smart card system would guarantee their privacy - it is those who tried to travel without paying who would have their privacy compromised (they would get caught).

This is just one example of a potential application of a Dero-type blockchain, that - as I see it - none of the other cryptocurrencies can provide.  I think there are tons and tons of examples like this.  We really do need a smart contracts system on an obfuscated blockchain.  It is a very obvious next step for the crypto space to take, and it is why I am excited about the Dero project.  It also needs to be a project that is properly managed, which means properly decentralised, and I think the Dero developers have the vision behind the project on that side too, at least from what I have been able to see.

There are of course versions of the smart card system already in use in public transport systems, e.g. in London.  However as far as I know the system is always elective - you can choose a less convenient alternative (and turnstiles are very much used in London) partly because of the privacy issues; you have to choose to give up your privacy in exchange for the convenience of the electronic system, like so much of the high-tech space these days.   Correct me if I'm wrong, people, but smart contracts over an obfuscated blockchain eliminates this convenience/privacy tradeoff.  This is the point of Dero as I see it.  The world very much needs it.  

Keep up the good work!"

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Hi, I'm gonna try. (It's no really creative but it gonna be easily implemented)

An Anonymous Poll / Voting / Election system :
- Each election / ballot gonna use a main Dero wallet Address
- Each Decision or Candidate gonna take one sub-Address.
- Each voters will use a sub-Address to hide their identity and use a fraction amount of Dero coin to vote. (amount isn't supposed to be important)

Using sub-addresses system you can hide your main Dero Address but and administrator could check, if any voters try to vote more than one time without necessarily retrieving the main Address.

So things like this could prevent days of ballots preparation, prevent fraud and reduce drastically the preparation cost (time and money) in a traditionally voting ballot.

Easily doable on blockchain itself using smart contracts with max vote per address set to 1 or N. More than 1 vote can be auto-rejected by SC.
Thanks for your inputs.

Let's face it.  The world can be a crazy place to inhabit and ultimately, privacy helps to mitigate some potential threats to you or your family.  This especially rings true when engaging in bartering online, but even more when dealing with other individuals or businesses in person.  

Have you ever been a victim of a scam, or tried to sell your Playstation, only to get mugged when meeting the person in a parking lot?  Maybe, or maybe not.  But how can we prevent or protect you from such threats?  

Enter DERO.

With Smart Contracts, dApps (Decentralized Applications) can be built upon DERO's blockchain that can allow individuals to freely engage in transactions online or in-person, while still protecting the privacy of both parties.  Imagine using a service where both parties use their hard wallets to ship items or make payments without knowing who or where you are shipping the item to.  Live shipping updates can be tracked, and receipt of delivery is just one QR code scan away.  No more meeting in parking lots, having random people come to your house, or giving out your phone/email address only to get harassed later.  

Additional benefits include:  

• Purchase history/trends are not linked to the purchaser,
• Minimize leaks of sensitive information,
• Communication between parties is anonymous, and
• Seller/buyer reputations can still be tracked.

The list can go on.

The beauty of this platform is that it does not have to be a "disruptive technology," rather, a simple way for privacy to be integrated into existing systems.  In this system, FedEx (the shipping provider) would have access to the "Ship To/Ship From" information, but the two parties engaging in the transaction will not.  This enables FedEx to regularly impose their shipping standards and still hold parties accountable in the case of fraudulent or illicit activities.  FedEx will also be able to handle return requests in the event that one party does not fulfill their end of the contract.

Consider this a work in progress.  :)

Thank you dank!!

There are many crimes that are committed on a daily basis that are captured on video, pictures, or even documents themselves.  Many of them are not reported to law enforcement for fear of retribution or even to get "involved."  So, unless the perpetrators are caught in the act, there is little that law enforcement can investigate.

It takes a community to right wrongdoing.

Smart Contracts within the DERO blockchain can allow individuals to anonymously (true anonymity) submit captured evidence to law enforcement agencies or media outlets without fear of retribution.  The DERO blockchain is capable of storing files, not just distributed ledgers, so it creates the perfect platform for protecting the privacy of whistle-blowers or witnesses. The idea is to remove the roadblocks that prevent the decent from reporting what they have witnessed.

With a Smart Contract in place, media outlets or law enforcement can make sure that the submitted files are tagged for a particular crime, or event for ease of use.  There can even be contracts in place that will provide rewards for submitting actionable intelligence.  It should be noted that this concept should not be limited to just crimes, it could be used for social media, breaking news coverage, or even private clinical trials.  

DERO can help empower communities to challenge their members to act against wrongdoing, without fear of retribution.  


WIP

Credit for this idea goes to @anAngryMohawk.

Thanks Dank.

Instead using FedEx, just you could sent to another user (a Proxy), so the delivery could take like 2 or more proxy to reach the destination. (of course each proxy will be paid with fees in Dero).

Every Proxy/Node have to scan a qrcode and send it to next one, each scan gonna paid previous Proxy and once the buyer get the purchase the balance seller will be unlocked.

In this case you could hide identity and everyone will be rewarded. (Proof of Receipt :P)

Something like Tor but delivering real packets this time. ;)

Absolutely!

Taking it a step further, at each proxy hand off, a picture of the package could be taken and stored on the blockchain.  (Proof of Life  ;D)

With the poor reputation of lending platforms that has been out there, I was hesitant to suggest this. However, I do believe there is a possibility for an elegant solution with dero for a certified authority (or decentralized one) to execute a legitimate lending platform.


The lending platform would essentially only require 2 things, capitial and trust.

For capital, this can be provided by an institution that holds a large enough amount of dero, or crowd funded. After the requirements of all payments have been met, the contract would release the funds to the creditor. In the event of default, all payments are forfeited to the creditor(s) and the creditor(s) would receive a refund. The parameters can be set by time/block height and with the ability to build in grace periods and possible missed payment forgiveness.

For trust, a private currency could cause issues but a contract could be built in a way that is more traditional to how the central banking system used to work, with collateral. The credit rating/trust ranking of a user could be tracked by address and their ability to make their payments within certain parameters. If the borrower were to default on their first loan, they will lose their collateral, in essence, making any attempts at fraud impossible. However, over time the amount borrowed in relation to the collateral can be increased as the overall amount borrowed would not exceed the amount that was put into the system overall. Some might be thinking "scam" but, this is how banking works in the first place and loans are not a good deal. :)


Essentially, at first, the process may seem painful to build your credit but in the event that you need to borrow dero and do not wish to affect your current balance, you would have the ability to do so. Very similar to our current credit system except that "no credit" is not better than "bad credit". Everyone begins at 0 in all situations as if you default on your first loan, you are starting at the same level as someone that has not taken a loan.

Ohhh Thank You Serena! :)  ::)  ;D
Asic and Nicehash -->> BLOCK Forever...<<<---   Happy Miner! Smiley

And list: https://coinmarketcap.com/

Donate DeroWallet:
dERoTe8BQ3PUUEB5AwjDNTj1hYUJ2hiVtPk39d81UCVyCRMEawEibDeYyDvViFDKxoAeKSPgidutX6D 75G4y9ibA7yWBbf3fST

Thank You!

You can't buy your way onto coinmarketcap and you are not an official team member.

In the United States, several states have legalized recreational sales, cultivation, distribution, manufacturing, and use of Marijuana, or other cannabis related products.  This economic boom has created growth within several industries, many of which are encountering difficulties when dealing with vendors across state lines.  Since the production and sales of marijuana are still illegal on the federal levels of government, many businesses are searching for new ways to purchase or sell items that are vital to the success of these growing industries, without hindering efforts to remain transparent within their respective state governments.  

Some of the major concerns that state lawmakers and businesses share:

• Transparency - While businesses would like to remain transparent with State Governments, they looking for a way to remain anonymous with the Federal government.
• Protection - Many businesses within these industries have traditionally been forced to only accept cash payments, since federal laws prohibit large financial institutions from servicing these accounts.  As a result, businesses make large cash payments to State governments, which pose potential threats to both the business and the government agency.
• Corruption - Decentralization can help to prevent many forms of corruption, especially when most in the industry are battling the stigma and current public awareness that these businesses are trying to reform.

With DERO's decentralized blockchain, paired with Smart Contracts, a bridge of trust and transparency can be forged within industries and governing bodies.  Use of private Smart Contracts can help businesses comply with "Track and Trace" requirements, reduce threats involving the movement of large amounts of cash, increase transparency with local governments, and provide a clear trail of financial records recorded on the blockchain.  Another bridge can be formed between the customer and local businesses, providing a safe and private transaction space.

How does DERO's privacy equate to transparency?

First, transactions can be as private or public as how you make them.  Private keys are meant to be private, but when dealing with exchanges you give up some of that privacy (from a security standpoint) in order to participate in trades. When dealing with the government, keys can be stored or logged in the case of audits, to ensure that the business that the keys belong to are in compliance. The Track and Trace program requires tagging and surveillance to ensure quality standards are met and the measure of cultivation and distribution efforts. With Smart Contracts and RFID tags, the entire program can be managed in real time.

With the help of DERO, a healthy ecosystem can be created that does not hinder productivity; rather, it empowers industries to operate with more transparency and protections, while minimizing the threats that come with cash-only transactions.

The recent data leaks by Equifax and Cambridge Analytica (/Facebook), along with regulation such as the GDPR demonstrate the need by individuals to centrally store and control access to their data. Today, a person’s data may be spread among companies and services all across the globe with no way to remember where you had to submit it, and no way to know which companies are sharing that data. Further compounding this data governance problem are organizations who don’t know how best to comply with data privacy regulations like GDPR to know when, how, and what personal data to remove across their many systems.

Enter DERO smart contracts. Perhaps a lifespan can be given on data access as part of the smart contract. For example, colleges would get access to your personal data they need for 2 years, universities for 4 years. After that, the smart contract automatically revokes such access and there’s no residual on education institutional systems to clean since all data is stored encrypted on the blockchain. Credit agencies would only need 30 days of access and banks 90 days. At any time, if you intend to extend your time with an organization (for example, going to graduate school or refinancing your mortgage), you and the institution can agree to re-up their access period to your data, but only with your approval.

DERO smart contracts can help consumers take back control of their data and help businesses comply with important data privacy acts.

I like this idea, I also like the idea of an amnesic smart contract that can "self destruct". It serves another purpose also, reducing blockchain size.

I'm no expert, but from my understanding, Dero private smart contracts is what is missing for real business adoption of crypto currencies. I'm not talking only about big companies, but the local store we see in every neighborhood. If an owner wants to use an dapp in their establishment, she/he'll think twice when they realize that people can easily keep track on its address. I see Dero one step ahead on being trustless, we dont need to trust a third party and we dont need really to bother of many others that may be interested in look into your data to take advantage. Businessmen will feel safe from ill intentions.

This link has some great ideas to help people get started! (https://blockgeeks.com/guides/what-is-blockchain-technology/)

Thank you for your submission and this is absolutely one of the critical things missing today with cryptocurrency  :)

We've had some great replies so far! Keep them coming  :)

https://medium.com/@867cryptocurrency/dero-a-new-blockchain-technology-that-brings-cryptonote-privacy-together-with-smart-contracts-4cc4972c81f8

Hello, DERO enthusiasts.
I think DERO must be implemented in the health sector. Where patients must sharing private information about themselves and many of them worried about it.
This is one of the many aspects in the health sector where DERO can using. Also, many researching medical/statistic programm have problem with data collection. DERO can help. Imagine, you have your medical private info in a blockchain protected by cryptography, in any time and any place you have the all info for your needs. Also, you can accept agreement what if some institute or researching laboratory use your info for them researhes they will pay your by DERO as a reward for your information. And, oddly enough, your anonimity doesn't suffer. I see just pluses:

1) Everywhere and everytime, if you need, you have access for all your medical info;
2) Benefits for researchers who always have problem with actual info;
3) Economy for the whole health/research sector;
4) Good scalability for other directions (insurance, bank sector, law sector ant others.) where must be confidentiality.

Thank you Lim_Mut!!

Here's some stuff to get your creative minds working  :)

* DERO is the first blockchain to have complete SSL in the P2P layer. This greatly increases privacy and security.
* DERO will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.
* Dero is currently backwards compatible with the old CryptoNote protocol (Helium Hydra)
* Dero is a new blockchain technology based on CryptoNote
* Dero combines Cryptonote privacy and smart contracts
* Dero just completed its Q1 roadmap 3 weeks ahead of time
* Dero is now starting smart contract development
* Golang daemon utilizes less resources and syncs faster than original CryptoNote daemon
* Dero Virtual Machines (in development) is a Turing complete, 256-bit virtual machine built for Dero
* Dero Virtual Machines will support the Golang language
* GUI wallets are being added in Q2
* Dero is developing atomic swaps for its new blockchain technology based on CryptoNote
* Dero is now listed on SouthXchange
* Assets may be privately managed on Dero's blockchain
* Dero is developing hardware wallets with biometric protection
* Dero will be performing regular audits and updates of the core cryptography to negate the benefits of quantum computations.
* DERO will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.

We still have room for some thoughtful entries!

Hello again.
I thought a little about Golang/SSL, implemented in DERO, and have some ideas. In theory the use of DERO for exchanges or PSP (payment service providers) will provide a more stable/privacy/secure connection with users and services.
Also it can give more in different web-services what uses a lot information about their users and need safe connection.
Besides, adding the NFC to a mobile wallet can give us a good and secure payment instrument.

P.S. This can be a good solution for the digital economy. Such chenese systems are known as "Zhima credit" or "Sesame Credit". Big brother is wathcing you, but it gave some pluses for chenese society...but the big brother's eye... zero privacy...bad, disgusting.
The system of social credit gives pluses for progress for all people, but we remember about big brother. And now we have instrument such as DERO.
You want take a credit or sell something on the marketplace, you find a worker with a good real reputation and etc. All of you need it is a smarphone with
 a social credit system app built on DERO techs. The social credit system protects your interest from speculation and fraud, protects your privacy and your information. In a special app placed your wallet, social credit system, bank info, medical info and all what you need else. Biometrical identification with hidden markers   which is activated if someone forces you and automatically sends a signal to police/security.

Noted. Thanks for your inputs.

Quoting from Serena's medium.com article below:


This statement / idea has me thinking about usage of SMS to securely message individual parties without risking it being fished in transit. I can think of a couple scenarios for this in which messages would be intended to be sent securely, and could even potentially leverage a sort of "self destruction" or something through smart contract or some other means (this detail is hazy to me at time of writing this so far). A few situations I will outline below where I think secure SMS could potentially be useful:

• Today you have individuals utilizing apps like Snapchat or "incognito mode" on texting apps like Allo etc. with the pure reasoning to have the message be deleted after a certain amount of time. This way your conversation was taken place at one given point in time, and no other. The utilization of Dero's blockchain technology and integration with telecom gateways could allow for these secure transmissions through SMS to be carried out. While we understand the snapchat etc. messages to only last so long, they were still transmitted over the internet and in one form trackable.
• Perhaps military use cases or secure operations could utilize these secure transmissions as classified data or intelligence may be sent through quick communication. Now I'm sure they have their own communication methods today, and not condoning Dero to hold classified details on the blockchain, but I would imagine the technology itself could in turn be utilized for such a thing.

These are just two possibilities that I was thinking of while reading that article and really thought the telecom gateway integration stood out to me. Curious what you all think for this or if I'm way out in left field as far as understanding this concept.

Thanks Nelbert!

I have created a fan based website http://dero.us/ that talks about the Dero project. Website will be frequently updated and I have also created an app for the official dero pool that will be uploaded to the website as well for other community members.

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Any creative use case counts as a creative writing entry if you expand on your thought here a bit!

Created an Android app:
https://play.google.com/store/apps/details?id=com.dero.android

Something to think about while writing: https://www.reddit.com/r/CryptoCurrency/comments/8acg3j/dero_is_calling_out_network_attackers/

Thank you!!

New updates to Dero's tech are coming soon!  ;D

A new article: https://medium.com/@867cryptocurrency/shifting-from-alpha-to-beta-cryptonote-with-smart-contracts-433423848768

Hello,
I think one of best use case of Dero will be ICOs, nowadays with spreading blockchain every one want to join the wave. easiest way to Fundraising is ICO.
but every ICO have many problem that can solve with smart contract and PRIVACY. the main problem is trust, with huge number of scam ICOs nobody knows trust a coin or not! with the mechanism that call DAICO it can be solved easily.

What is a DAICO?
It’s an improvement on the ICO fundraising model that incorporates certain aspects of DAO’s.
The idea was suggested by Vitalik Buterin in January 2018 and is aimed at making ICO’s more secure by involving investors in the initial project development process.
It will further enable token holders to vote for the refund of the contributed funds if they are not happy with the progress being made by developers.
For projects that implement the DAICO concept, it will force a level of accountability on developers and give token holders additional peace of mind that they are guaranteed to either see at least a minimum viable product or get their money back.

How does a DAICO work?
It starts off as a Smart Contract in contribution mode.
The DAICO contract will have a mechanism where contributors can send funds to the project in exchange for network specific tokens. When the crowdsale period ends, the contract will prohibit anyone from contributing any further, i.e., normal token sale.
There is one variable that comes into effect after the contribution period has ended called the tap variable. This tap in the contract can be programmed to predetermine the amount (per second) that developers can withdraw from the token sale funds.
Initially, the limit will be set to zero, but contributors can then vote on a resolution to increase the tap.


How is it different from an ICO?
The main difference is access to funds.
With an ICO, once the token sale finishes, developers have complete access to all the contributed funds. Developers have to calculate in advance how much is necessary to produce a minimum viable product and once they reach this amount, called ‘the soft cap’, they can start to work on the product and spend the money on whatever they deem necessary. If they don’t reach this initial soft cap, they have to refund the money. But if they do, there’s no further real obligation.
With a DAICO, contributors can vote on resolutions (during the development phase) to either increase the tap or to return the remaining contributed funds (self-destructing the contract).

* this part was copied from What is a DAICO, Explained, cointelegraph
this method is implemented by https://www.theabyss.com

ICOs that use Dero can easily bring millions of user to project with no marketing and effort from Deroproject team. with smart contract and PRIVACY that Dero bring, the main option for hold ICO for both investors and projects will Dero! and Dero can easily take place of Ethereum in this filed!  

but we have several issue with using non PRIVACY coins that Dero can solve it !
the biggest ICO that happen in blockchain is Telegram ICO that  raised $1.7 billion but recently news come out that SEC(U.S. Securities and Exchange Commission) may not allow Telegram to open public ICO . because of PRIVACY of Deroproject this problem can easy solved !

I think this will be one of main use case of this project.
sorry for my bad english.

As a fan of Black Mirror series, I made bunch of cold wallet and printed notes for my wife that if there suddenly something bad happen to me one day (kidnap, nature disaster, or accident, that's life who knows?), you have to know what I have been doing and you have to manage those things to sell them all or to continue my work so we might guarantee for the future of our kids. The problem is that, my portfolio changes constantly, and it's hard to manage all of those coins if you're not familiar to crypto currency, not to say if I forget to update it on time.

The born of Dero embraces my hope that one day I can create a smart contract that could automatically swap all my coins to Bitcoin/ETH/Dero and send to my wife coinbase wallet if mine is not accessed for 1 year, just in case I'm gone.

And if no one can see the contract, just me and my wife know what we've got in there and what we gonna do, that would be perfect!

Authentication/certification is missing from this list; is it still on the roadmap?  Is a critical feature, since (as you pointed out) is required for regulatory compliance and many important applications.

Can fractional reserve lending be implemented on the blockchain?  I am not sure, but it seems like something worth thinking about.  If it can, does Dero offer any advantages over other blockchains?  Yes, because of the privacy aspect and because of the sophistication of the planned smart contracting.

Fractional reserve lending means that a wallet holder could loan another wallet holder more than they hold in "reserve" against the loan.  If Alice agrees to lend Bob 10 Dero and the protocol requires 1/10 of this to be held in reserve (the amount normally required in private lending in our regular economy), this means (a) Alice must have at least 1 Dero in her wallet, which will be "locked" and unavailable to spend while the loan is outstanding, and (b) a pair of smart contracts are created, one which says that Alice owes Bob 10 Dero (this is the "money" of the loan) and another which says that Bob owes Alice 10 Dero with interest (this is the repayment contract).  The contract that says Alice owes Bob money can then be implemented by the blockchain as a "credit" to Bob's wallet, and would be spendable, i.e. it could be circulated amongst further wallets.  This mirrors fractional reserve banking in the normal economy, whereby banks lend to customers by creating two IOUs, one of which circulates as money, the other which is the repayment contract.  Thus money is created "out of thin air" and is then destroyed again when the loan is repaid (as the two contracts cancel each other out and are then simply annulled).

The roadmap currently does not allow for "credit money" (M1) to appear to the wallet user as if it were just like regular Dero to be spent; this would require some special update to the blockchain, which would mean fractional reserve lending would have to be adopted as one of the features of Dero rather than just an application of it.  But it does allow for the smart contracts required for implementing the loan and an app which would have the credit money appear alongside the regular Dero and spendable to other wallets, but there is no guarantee other wallet holders would accept this in lieu of real Dero for payments.  This is an advantage of the fiat banking system; users cannot tell from a bank balance whether the money is cash or is credit created from issuing loans.  The two kinds of money circulate freely in the economy as if they were equivalent and I think for fractional reserve lending to succeed this must be the case.  You don't want people doubting whether one kind of money is as good as another, even if the system guarantees that there is no problem with it.  (In effect this is what happens in a "bank run"; people start doubting the credit money and want to convert all their money to M0 which is not possible because it is only part of the money supply.)

Fractional reserve lending is possible in principle on any blockchain; what Dero brings to the table is the privacy aspect, which is crucial.  When holding credit money, it is no good if you can see the source of the money (i.e. what loans it originated from) or if in general people's debt obligations were publicly viewable.

For fractional reserve lending to be implemented, there would have to be other elements in place, the most obvious being a system to deal with loans that go into default.  When Alice lends to Bob, it is on her assessment of whether the risk of not being repaid is justified by the reward of the interest rate she sets and which Bob agrees to.  This puts the risk assessment of lending in the hands of wallet holders (and probably lending pools as these would spring up), which may or may not be a good thing (perhaps requiring only 1/10 of the loan is too little for blockchain lending; perhaps 1/3 or 1/5 is more suitable).  But if the loan is not repaid, she only risks losing the fraction held in reserve in her wallet, not the whole amount loaned (just as in the case of our beloved banks).  This means when loans go into default, there is a permanent increase in the (M1) money supply.  The M0 money supply would have to be more flexible than is currently implemented for this to be offset (for example by changing the emission rate or converting M1 tokens officially in default into M0 tokens when new ones are being mined).

I am not sure if FRB can be implemented, but if it can, Dero is probably in a very good position to do it, and I think it is a possibility that is fun to think about in terms of what would be required.

Whether it can be done and how seems to be controversial, e.g. see this discussion

https://bitcointalk.org/index.php?topic=51899.0

It has also been discussed on medium.com, though the issue of how to deal with bad loans is not discussed (surely a critical detail)

https://medium.com/@tonywillenberg/fractional-reserve-banking-the-bitcoin-crypto-economy-b2a9f2e28073