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81  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 24, 2018, 10:02:31 PM
How do I compile my own Golang binaries?

For now only the precompiled binaries are available

Is releasing the source code on the roadmap?
82  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 24, 2018, 05:24:42 PM
How do I compile my own Golang binaries?
83  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 20, 2018, 02:17:17 PM
I want to preface this post by saying that I am supportive of Dero and its aims and I want it to succeed.  Indeed this post is motivated by a desire to see it succeed.  Hence the following comments and criticisms, based on my reading of the white paper, in no particular order.

*  The white paper is short on detail.  Many of the specifications and goals are quite vaguely worded.  I am aware of course that Dero is still very early in its development, and has more than achieved the development goals so far.  However, as more people become aware of Dero, there is going to be increasing pressure to come up with more detail.  In anticipation of this, I believe an amplification and extension of the white paper should itself be one of the goals in the roadmap outlined in the white paper.  If possible it would also be nice to have a task force whose assignment it is to work on improving and lengthening the white paper.

This comes up frequently and perhaps it is the proper time to mention that level of detail in the whitepaper is (for now only) intentionally short of technical details. There are a few reasons for this, however, I'll stick to 2 of the main ones for now. The first being that since Dero is doing something unique it's very hard to give specific details until the developers have had a chance to code it from scratch, evaluate it, and then make a firm decision regarding whether it's suitable for the project. The second is that I personally get questions from developers in the broader CryptoNote community (every single day) asking about how Dero plans to implement these features. These are clearly large problems that require a well thought out solution. For a small development team with a clear plan it's much better to create a roadmap (or whitepaper) that doesn't generate false hope or lead others to dead ends.

The roadmap and whitepaper will see updates over time as this is already planned.


*  The white paper does not explain the reasons for choosing Golang as the language or why indeed the protocol needs to be rewritten at all.  I assume it is because of the planned implementation of smart contracts.  Still, some detail on the thought processes of the development team as to how they came to choose Golang, and its strengths for this project, would be useful.

Simply stated, C++ was no longer suitable for what Dero's development team is doing. I'm going to link an article that can explain some of the strengths of golang. I will make a point to go into greater detail at some point in the future as we get asked this often. Golang was built to work on global real world applications and is very easy for new users to pick up. https://talks.golang.org/2012/splash.article

*  The white paper does not explain the reason for choosing an infinite supply, with emissions steady at about 157000 per year after the first 8 years.

The 157,000 Dero per year will help provide incentive in the long term for people to secure the network and there will inevitably be people who lose Dero for various reasons. These reasons can range from human error to someone passing away without providing anyone access to their wallet and anything between.

*  The white paper does not explain how efficiency improvements are going to be implemented, or even how the team plans to scale the protocol up to real-world usage at a later date.  One might wonder if it will be even possible to scale up the technology (all coins suffer from this problem to varying extents) so some discussion of this would be good.  People will want technical information on how the energy reduction and transaction speed issues are going to be addressed.

These are critical details that the team is holding on to for now. If we look at what's publicly available in the Derosuite daemon you can already notice a significant improvement in resource utilization, sync speeds, etc over the original code.

*  The references supplied are all to Wikipedia (apart from a link to the cryptonote white paper) and are not technical/serious.  I assume the team has done much research during the pre-development and development phases, but there is little evidence of the nature or extent of this research.  Compare for example to the rich research context surrounding Cardano (which I appreciate has a massively larger team behind it).  Some evidence of the technical research and specific results of that research (e.g. references to technical papers in the field) would be very useful.  Not to all readers of course, but the white paper could be divided into a less technical summarising section, and a more in-depth and longer technical section.

The details regarding how a small team were going to create a new blockchain technology based off the CryptoNote protocol before the end of Q1/2018 were also questioned heavily. We definitely understand that everyone would like the answers to these questions. There is a strong development plan with a mountain of technical merit, though it's not my place to discuss that and the team has mentioned that they will release all of this information when it's time so I must honor that.

*  Currently the team is quite small, and to be successful and to meet its long terms goals the team must grow, and connections must be made with other teams and other projects, I think.  It would be good to know what the team's strategy is for expanding the scope of work being done to support and develop Dero.  I realise there is a plan to found a private company (see next bullet point) but this specific way of developing the coin must have disadvantages as well as advantages, and so far, there is no detail about what in practice it would mean.

We understand that the team has to grow and we agree. The development team are quiet, yet friendly and they do speak to other teams. Much like what you've seen from the project, our team tries very hard not to generate any degree of false hype or hope. Like anything else, when we have firm information we will promptly inform the community. At the moment Dero is working on a well thought out development plan that they've set for themselves while simultaneously positioning the project to incorporate and become fully transparent. Dero is engaging in the process of making their team open to the world and with that comes full transparency and a firm push to start expanding all areas of the team.

*  If the coin is to be taken seriously, the identities of the team members, their work histories and technical experience and so on, these things must at some point be made public.  Unless the strategy is to grow the network/blockchain in such a way that it travels with its own momentum, gathering expertise and technical followers independently as it grows, as the original bitcoin did.  However even bitcoin is now more or less privately controlled (by the Bitcoin Foundation), and this does not appear to be the strategy adopted by the team anyway, as the white paper mentions a future Dero private company that will be behind the network.   Founding a company must mean full public disclosure of the technical team and its expertise.  Why wait on this?

The team agrees that the developers must make themselves known and they've already spent a healthy amount of time and their personal money getting ready to incorporate Dero and simultaneously reveal themselves. This will include their work history which I'm personally already aware of to some degree. The development team has stated clearly on many occasions that when they incorporate they will become fully transparent. The incorporation process has started and is listed in the roadmap. As we've seen with (many) other projects, it can often take time for the developers to be in a (safe) position to reveal themselves. I can personally 100% assure everyone that Dero's team not only wants to talk about who they are, but some of them are even eager to be open as I'm sure it's a breath of fresh air.

*  Under 'Challenges' there are a bunch of things and it is not clear how these are incorporated into the roadmap.   I find the idea of using Dero as Identity with a certifying authority quite intriguing, but it raises questions, such as: what other coins do this or plan to do this (what is the competition), realistically how would this be adopted by the wider world, and how does implementing this serve to further the overall goals of the project?

Some of them are not specifically incorporated into the roadmap yet and as Dero's development team works their way through the current roadmap they will be able to update coming quarters. For now they want to focus on what's immediately in front of them before they put something in concrete for 9-12 months down the road. As stated above, we're looking to expand the team when the appropriate time comes, and we're working very hard to get to that point every day as it's advantageous for everyone.

*  There are issues that are not discussed, for example regulatory issues.  This is probably going to be the biggest topic in the crypto space in 2018.  What is Dero's strategy?  Cardano for example does seem to have a strategy worked out for this; it plans to be "regulatory compliant" in a way that is built into the foundations of the network.  But Cardano is not a privacy coin, and the issue of privacy/obfuscation raises further challenges in the context of regulation.  It would be great to see what strategy the Dero team has in place for dealing with this, and what the gaps in the strategy are that we need to think about.  It is hard to over-emphasise the importance of this topic, as it touches on almost every other .

I will have to let Captain speak to the specific technical details regarding this, however, it's possible to allow a particular group or organization to become some type of certifying authority that can verify the identity of the wallet holder. In places where KYC compliance is at its strictest levels, trades would not be possible without pre-authorization from the appropriate authorities. On an individual level, you can choose who you certify your wallet with at your discretion. I would personally recommend a private wallet with no certifications and one with certifications for maximum privacy. There will certainly be a lot of discussion needed regarding the best way to tackle this issue.

Julio Faura, Chair of the Enterprise Ethereum Alliance said "one of the key features we need for a blockchain to be used in enterprise settings is privacy.". J.P.Morgan, one of the largest banks in the world published that quote directly to their own website which helps to publicly acknowledge and convey the dire need for real privacy on the blockchain before enterprise scale solutions can be utilized.

Dero is working to solve issues like this from the ground up, starting on day 1. Again, there will need to be a lot of discussion in all areas of development but Dero's strategy is to look at the broad picture, the real world requirements, and the future. To that end, they've proposed the Dero Project and we're working to quietly develop practical solutions to global problems.


These are just a few of my thoughts for now.  These are intended to be constructive criticism, with the aim of helping and furthering Dero.  I hope they will be taken in that spirit!

On behalf of the Dero team, myself professionally and personally, thank you very much for taking the time to write a post like this with your questions. We respect open, thoughtful, and honest discussion. So again, thank you for taking the time to post this and if I didn't answer anything to your satisfaction, please feel free to continue the conversation and I will do my best to provide answers where I'm able.

And thank you for this excellent response.  I am looking forward to more discussions as the technical work proceeds!  Exciting project indeed...
84  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 19, 2018, 01:11:52 PM
I want to preface this post by saying that I am supportive of Dero and its aims and I want it to succeed.  Indeed this post is motivated by a desire to see it succeed.  Hence the following comments and criticisms, based on my reading of the white paper, in no particular order.

*  The white paper is short on detail.  Many of the specifications and goals are quite vaguely worded.  I am aware of course that Dero is still very early in its development, and has more than achieved the development goals so far.  However, as more people become aware of Dero, there is going to be increasing pressure to come up with more detail.  In anticipation of this, I believe an amplification and extension of the white paper should itself be one of the goals in the roadmap outlined in the white paper.  If possible it would also be nice to have a task force whose assignment it is to work on improving and lengthening the white paper.

*  The white paper does not explain the reasons for choosing Golang as the language or why indeed the protocol needs to be rewritten at all.  I assume it is because of the planned implementation of smart contracts.  Still, some detail on the thought processes of the development team as to how they came to choose Golang, and its strengths for this project, would be useful.

*  The white paper does not explain the reason for choosing an infinite supply, with emissions steady at about 157000 per year after the first 8 years.

*  The white paper does not explain how efficiency improvements are going to be implemented, or even how the team plans to scale the protocol up to real-world usage at a later date.  One might wonder if it will be even possible to scale up the technology (all coins suffer from this problem to varying extents) so some discussion of this would be good.  People will want technical information on how the energy reduction and transaction speed issues are going to be addressed.

*  The references supplied are all to Wikipedia (apart from a link to the cryptonote white paper) and are not technical/serious.  I assume the team has done much research during the pre-development and development phases, but there is little evidence of the nature or extent of this research.  Compare for example to the rich research context surrounding Cardano (which I appreciate has a massively larger team behind it).  Some evidence of the technical research and specific results of that research (e.g. references to technical papers in the field) would be very useful.  Not to all readers of course, but the white paper could be divided into a less technical summarising section, and a more in-depth and longer technical section.

*  Currently the team is quite small, and to be successful and to meet its long terms goals the team must grow, and connections must be made with other teams and other projects, I think.  It would be good to know what the team's strategy is for expanding the scope of work being done to support and develop Dero.  I realise there is a plan to found a private company (see next bullet point) but this specific way of developing the coin must have disadvantages as well as advantages, and so far, there is no detail about what in practice it would mean.

*  If the coin is to be taken seriously, the identities of the team members, their work histories and technical experience and so on, these things must at some point be made public.  Unless the strategy is to grow the network/blockchain in such a way that it travels with its own momentum, gathering expertise and technical followers independently as it grows, as the original bitcoin did.  However even bitcoin is now more or less privately controlled (by the Bitcoin Foundation), and this does not appear to be the strategy adopted by the team anyway, as the white paper mentions a future Dero private company that will be behind the network.   Founding a company must mean full public disclosure of the technical team and its expertise.  Why wait on this?

*  Under 'Challenges' there are a bunch of things and it is not clear how these are incorporated into the roadmap.   I find the idea of using Dero as Identity with a certifying authority quite intriguing, but it raises questions, such as: what other coins do this or plan to do this (what is the competition), realistically how would this be adopted by the wider world, and how does implementing this serve to further the overall goals of the project?

*  There are issues that are not discussed, for example regulatory issues.  This is probably going to be the biggest topic in the crypto space in 2018.  What is Dero's strategy?  Cardano for example does seem to have a strategy worked out for this; it plans to be "regulatory compliant" in a way that is built into the foundations of the network.  But Cardano is not a privacy coin, and the issue of privacy/obfuscation raises further challenges in the context of regulation.  It would be great to see what strategy the Dero team has in place for dealing with this, and what the gaps in the strategy are that we need to think about.  It is hard to over-emphasise the importance of this topic, as it touches on almost every other .

These are just a few of my thoughts for now.  These are intended to be constructive criticism, with the aim of helping and furthering Dero.  I hope they will be taken in that spirit!
85  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 17, 2018, 01:07:04 PM
So Serena tells me I lost coins while mining on the official pool while there were forking issues.

Have others experienced this?  I continued mining during the forking crisis specifically because Capt Dero said that we should continue mining on the official pool then.  I could have pointed my miners elsewhere but wanted to continue supporting the community during that period.

Now I seem to have lost 12.2 Dero.  Not the end of the world, but annoying especially considering I thought it was safe and beneficial/supportive to be mining on the official pool then.


Hi @fellestreum,
 Pls can you PM me your wallet address and rough time period to dig deeper. Since I announced mined on official POOL only, Only Official chain was used and there seem to be no issue.
But I will be glad to dig more.
You are welcome and I am Sorry for Inconveniences during that period.
I don't speak much about our upgrades/updates but just to speak specifically about fork issue, we have optimized the code so hope never to see any fork again.
Also many may have noticed the chain syncing time reduced a lot. We hope to keep it less than 1 hour in future too.
I was away and that was very bad time BUT bad time makes strong men and DERO has been much stronger now. After coming back, for next 72hrs we wrote new P2P layer for DERO and its working flawlessly since then. We are still working on P2P code to make it the most efficient and resilient P2P layer of any blockchain.
We are working on every minute part step-by-step and you will see no shortcuts in DERO.
Just to add CryptoNote implementation in Golang is complete and undergoing testing.

Thanks.
Regards.
Capt. D


Thanks to CaptDero for attending to this issue promptly and crediting the missing Dero (sorry I am a few days late with this response - it really was prompt, almost immediate).  Pity investigating the underlying issue is too complicated to get into now.  But anyway, thanks again and also to the great team behind this coin.  Thanks Serena too for your responses.
86  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 13, 2018, 07:52:05 PM
So Serena tells me I lost coins while mining on the official pool while there were forking issues.

Have others experienced this?  I continued mining during the forking crisis specifically because Capt Dero said that we should continue mining on the official pool then.  I could have pointed my miners elsewhere but wanted to continue supporting the community during that period.

Now I seem to have lost 12.2 Dero.  Not the end of the world, but annoying especially considering I thought it was safe and beneficial/supportive to be mining on the official pool then.
87  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 12, 2018, 09:45:30 AM
I have been waiting some time now for my wallet to properly synchronise, I thought I would just wait until the forking issues seemed resolved, and then sync a new version of the blockchain from scratch.  However it doesn't seem able to sync, even though I have left the daemon to run for a couple of days.  It shows this sort of thing:

SYNCHRONIZATION started
2018-03-12 09:36:15.283 [P2P3]  INFO    global  src/cryptonote_protocol/cryptonote_protocol_handler.inl:305     [203.162
.53.155:18090 OUT] Sync data returned a new top block candidate: 31801 -> 44801 [Your node is 13000 blocks (9 days) behi
nd]
SYNCHRONIZATION started
2018-03-12 09:37:09.525 [P2P8]  INFO    global  src/cryptonote_protocol/cryptonote_protocol_handler.inl:305     [203.162
.53.155:18090 OUT] Sync data returned a new top block candidate: 31801 -> 44801 [Your node is 13000 blocks (9 days) behi
nd]
SYNCHRONIZATION started
2018-03-12 09:40:08.303 [P2P8]  INFO    global  src/cryptonote_protocol/cryptonote_protocol_handler.inl:305     [203.162
.53.155:18090 OUT] Sync data returned a new top block candidate: 31801 -> 44801 [Your node is 13000 blocks (9 days) behi
nd]
SYNCHRONIZATION started
2018-03-12 09:43:10.046 [P2P9]  INFO    global  src/cryptonote_protocol/cryptonote_protocol_handler.inl:305     [203.162
.53.155:18090 OUT] Sync data returned a new top block candidate: 31801 -> 44801 [Your node is 13000 blocks (9 days) behi
nd]
SYNCHRONIZATION started

The top block on my system has been sitting now at 31801 for several days.  My wallet is also of course not synced.  What should I do to resolve this?
88  Other / Archival / Re: [ANN][BBS][LISTED] 🔥AIRDROP🔥 BBSCoin: a cryptocurrency built for forums on: March 10, 2018, 03:51:35 PM
and me please 2000bbs
fyU3239oJEaZTqCd9QCTunjJTUUvz2ovLABzk1WFkh3YKKuZ7deQjfERe9FADzRTBQdXJ7jAh1FgE2Q b1zp4YmHm1dedG7zuq

Roger dodger, deploying in 3 hours
Cheers  Grin  I'll take you up on this.  Here's my wallet:

fySTyWKTvUUeSiVMDZ3pyeZ9zKoRyGS4cK3bP5K17ero4qsTzyiMuf44jJEQ2o9bkTSJg6kSEnq8gTq MK6ivaZ141cuAVwne9

Sure, I'm at work. In 4 hours (If my internet works) I'll send it.


Done! Check your wallets in a bit

Tx are qeued but not going into the mempool by some reason. Wait it up a few hours, patience grasshoppers, coin is going nowhere Cheesy

Checked my wallet but showing 0 balance, no incoming transfers
89  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 09, 2018, 04:24:32 AM

 Great to see your support and trust in DERO.
Thanks everyone.


Thanks CaptDero.  And thanks for the earlier merit, too!

It's not just the technical side of this coin that I like.  Also the community here.  It is refreshing coming here after all the trolling and negative diatribe and sometimes personal rivalries gone haywire you see on other altcoin threads, including many of the cryptonote ones.

Not only does this community seem alive and active, it is healthy and flourishing with very little negativity.

I also like the focus on just getting things right at this stage, without worrying about marketing and image and exchanges, listings, and market price.  (Though I think at a certain stage this will become increasingly important if the community wants wider uptake of the coin, right now we seem mostly a community of miners and we can't stay that way for ever.)
90  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 08, 2018, 02:49:53 PM
So SWIFT completed its Proof of Concept blockchain testing for interbank settlement.

https://www.ft.com/content/966f5694-22c6-11e8-ae48-60d3531b7d11

'While Swift said the test “went extremely well” it concluded that “further progress is needed” on the blockchain — or distributed ledger technology (DLT) — “before it will be ready to support production-grade applications in large-scale, mission-critical global infrastructures”.

“Although the proof of concept demonstrated DLT could improve Nostro liquidity management and reconciliation processes, it also revealed that the prerequisites will have to be met before banks can enjoy the full benefits of switching to a DLT process,” said Damien Vanderveken, head of research and development at Swift.

Mr Vanderveken told the Financial Times that the test had showed there would be significant “operational challenges” to using blockchain technology for all of its 11,000 members.

This is not least because the 28 banks that ran tests on the system required the creation of 528 sub-ledgers to avoid confidential information being seen by rival banks. To roll it out to all of Swift’s members, Mr Vanderveken estimated it would require 100,000 sub-ledgers to be created, making them extremely unwieldy to maintain, upgrade or configure.'

Jeeeeez.     Ummmmmm..... so they haven't heard of obfuscated blockchains, then?

Seems like Dero could solve this problem quite easily   Wink
91  Other / Archival / Re: [ANN][BBS][LISTED] 🔥AIRDROP🔥 BBSCoin: a cryptocurrency built for forums on: March 07, 2018, 01:39:21 PM
Hey everyone. I don't know if I'm allowed to do this, but I'll do it anyways.

The first 5 people to post their wallets will receive 2000BBS from me. I'm not a dev and this is not a bounty/campaign/hoax.

If you don't want your private wallet to be public, create a new one and post it. Only one wallet per account. Newbies allowed. If I don't send them now, I'll do it tomorrow. No catch.

Why? I'm boozed and I feel generous.

GO!

Cheers  Grin  I'll take you up on this.  Here's my wallet:

fySTyWKTvUUeSiVMDZ3pyeZ9zKoRyGS4cK3bP5K17ero4qsTzyiMuf44jJEQ2o9bkTSJg6kSEnq8gTq MK6ivaZ141cuAVwne9
92  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: March 06, 2018, 09:28:28 AM
Does anyone have a bunch of dero they'd consider unloading?

I would like to do an OTC trade to purchase between 700 and 1600 dero.

I am happy to pay about what it would cost to throw some nicehash at this.  However I'd prefer to do an OTC rather than nicehash for various reasons, including that it is better for the network and community to pay actual miners.  I'm also a miner of dero btw.

Happy to consider smaller amounts too, in case I can accumulate that much by purchasing from multiple parties.  PM me, please, if interested.
93  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: February 27, 2018, 07:12:58 PM
all ok with you http://pool.dero.io/ ?
my stat not work, write Connection error(

Hello air133, the pool is currently in sync and finding blocks. If you're one of the miners on the official pool like myself, you will still get paid. At the time of writing this post the "your stats and payment history" information is not being updated. Having said that, even if your pending balance starts to back up the pool owner will manually process your payment with the same low fees without delay.

The pool support is on a flight right now, but it may be worth noting that they have all of the appropriate notifications enabled to monitor their pool essentially 24/7/365. I can't speak to an exact timeline regarding the stats fix but it only requires a minor (miner!) update to fix. To touch on the commitment level of the development team (pool owner), I've had several conversations with Capt right up to the point where Capt's various flights started taxiing down the runway and resumed the conversation before even disembarking the plane.

Pool support has a concise message waiting and I will be closely monitoring the pool's status to provide an update as soon as it's available.


Thanks for keeping us up-to-date.  I'm one of the affected miners and will wait this out.
94  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TRTL] TurtleCoin - Cowabunga Dudes! on: February 25, 2018, 10:38:49 AM
Back up.  My miners stopped being able to connect at 2am last night UTC, but seems everything is ok again now.

95  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TRTL] TurtleCoin - Cowabunga Dudes! on: February 25, 2018, 09:18:57 AM
Is there an issue on the blockchain?  Last " synchronized ok " message I got was at 13:40 yesterday UTC time.

Since then a lot of "Transaction uses spent key image" messages which does not look good.
96  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TRTL] TurtleCoin - Cowabunga Dudes! on: February 25, 2018, 09:11:16 AM
trtl.mine2gether.com is down.
97  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 1 Trillion coin supply you say? That's not really that many actually... on: February 22, 2018, 11:04:45 AM

Ummmmmm  NO.....

Numerical scales are in fact UNIVERSAL....

I don't know what planet you went to school on, but here on Earth....

1 million is always 1,000,000 or 1.000.000
1 billion is always 1,000,000,000 or 1.000.000.000
1 trillion is always 1,000,000,000,000 or 1.000.000.000.000


In the UK, the traditional Billion is 1 Million Millions, and a Trillion is 1 Million Billions.  Generally we have fully transitioned to the simpler American version and not the traditional roman version nowadays, but they are marked when referencing material from the 70/80's which use the old scales.

So, sadly, there are differences and that is a FACT.  Although those are very rare to see nowadays, and you would certainly not expect to see it in any newer technology such as a crypto currency.

I grew up in the UK in the 1970s and 1980s, and I can confirm that this is correct.  A billion is a million million, A trillion is a million billion, and so on.  In fact, although the US nomenclature has become widely adopted in the ENGLISH speaking world, in fact in the non-English speaking world, it is more like the 1 billion = 1 million million, etc.

Consider German:

What US speakers of English call 1 TRILLION is called "eine Billion" which is what it is in UK English, 1 Billion.  

Spanish:

I Trillion (US) is "una billón"

Italian:

1 Trillion (US) is "un bilione"

French:

1 Trillion (US) is "un billion"

Dutch:

1 Trillion (US) is "biljoen"

Swedish:

1 Trillion (US) is "biljon"

Polish:

1 Trillion (US) is "bilion"

Czech:

1 Trillion (US) is "bilión"

There are a few exceptions (Polish, Russion, maybe Turkish) but in general throughout the world the word "billion" and its cognates refers to 1012 not 109.

Here is what the Oxford English Dictionary has to say on this:



billion

(ˈbɪljən)

[a. F. billion, purposely formed in 16th c. to denote the second power of a MILLION (by substituting BI- prefix2 for the initial letters), trillion and quadrillion being similarly formed to denote its 3rd and 4th powers. The name appears not to have been adopted in Eng. before the end of the 17th c.: see quot. from Locke. Subsequently the application of the word was changed by French arithmeticians, figures being divided in numeration into groups of threes, instead of sixes, so that F. billion, trillion, denoted not the second and third powers of a million, but a thousand millions and a thousand thousand millions. In the 19th century, the U.S. adopted the French convention, but Britain retained the original and etymological use (to which France reverted in 1948).
   Since 1951 the U.S. value, a thousand millions, has been increasingly used in Britain, especially in technical writing and, more recently, in journalism; but the older sense ‘a million millions’ is still common.]

1.1 orig. and still commonly in Great Britain: A million millions. (= U.S. trillion.)

2.2 In U.S., and increasingly in Britain: A thousand millions.



So although it is tempting to blame the Americans, it is actually the French who are to blame for all this confusion.
98  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO BLOCKCHAIN: CryptoNote Privacy + Smart Contracts on: February 19, 2018, 03:30:57 AM
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!
99  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO: Privacy + Smart Contracts + Lightning Fast Transactions on: February 08, 2018, 07:11:21 PM
OK, I see the point about completing the technical roadmap before a more general widespread promotion/listing of the coin.

Is this proceeding smoothly/to plan, do you think?

Do you know how to read? Or are you just posting worthless questions?  The white paper was released 4 days ago.  I suggest you read that.  Do you expect this project to have significant progress in 4 days? 

Hey, you don't have to be rude, do you?  I was asking for people's opinions on progress, that was all.  And two other people managed to answer and provide their opinions - thank you to them, that was useful to hear.  If you don't have one, that is fine, but why waste your time with this post, then?
100  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DERO: Privacy + Smart Contracts + Lightning Fast Transactions on: February 08, 2018, 10:21:53 AM
OK, I see the point about completing the technical roadmap before a more general widespread promotion/listing of the coin.

Is this proceeding smoothly/to plan, do you think?
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