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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 60121 times)
b9ron
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April 21, 2018, 02:21:17 PM
 #2641

Don't bother replying to tonthattung238 - he made the supremely stupid mistake of copying one of my posts so I reported him/her/it for plagiarism.

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I just recently diverted some of my CN-optimized hardware to mining Monero, which I will then use to buy DERO because I can make 6-10x more DERO that way. That said, it tickles me to no end to see that the Baikal Giant-N now makes 6 DERO per day, which is what my 1.9kH/s CN rig used to do. So the ASICs have already been dealt with, in a way.

However, I have allocated just as much hashrate to IntenseCoin because it drastically moved up its hard fork date to deal with the ASIC invasion when their network hit a "mere" 35MH/s. Yes, there were some hiccups from this hasty forking, but overall I feel ITNS did much more than pay lip-service to preserving the decentralization that only GPU/CPU miners can bring to a coin, and I am even more happy to support that project with mining.

I point my hashpower where it is loved and appreciated and I am definitely not getting the loving vibe from the DERO network these days. On a purely intellectual level I realize that even another month's worth of ASICs hammering the network with 100MH/s or more shouldn't affect decentralization too much, but it still burns me to see Bitmain X3 make in 7-10 days what it took me 4+ months to amass.

Exactly what he said!

The longer you wait to fork, the more community members you'll lose in the long run.

+1

They promise to follow CryptoNight community into PoW change, I bought a GPU miner not for mine Monero or Sumo or another CryptoNote coin, but just for mining Dero... and now they change their mind, again...

At this point you should make the conclusion : they don't care, about us.

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MATTX
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April 21, 2018, 04:00:39 PM
 #2642

Don't bother replying to tonthattung238 - he made the supremely stupid mistake of copying one of my posts so I reported him/her/it for plagiarism.

***

I just recently diverted some of my CN-optimized hardware to mining Monero, which I will then use to buy DERO because I can make 6-10x more DERO that way. That said, it tickles me to no end to see that the Baikal Giant-N now makes 6 DERO per day, which is what my 1.9kH/s CN rig used to do. So the ASICs have already been dealt with, in a way.

However, I have allocated just as much hashrate to IntenseCoin because it drastically moved up its hard fork date to deal with the ASIC invasion when their network hit a "mere" 35MH/s. Yes, there were some hiccups from this hasty forking, but overall I feel ITNS did much more than pay lip-service to preserving the decentralization that only GPU/CPU miners can bring to a coin, and I am even more happy to support that project with mining.

I point my hashpower where it is loved and appreciated and I am definitely not getting the loving vibe from the DERO network these days. On a purely intellectual level I realize that even another month's worth of ASICs hammering the network with 100MH/s or more shouldn't affect decentralization too much, but it still burns me to see Bitmain X3 make in 7-10 days what it took me 4+ months to amass.

Exactly what he said!

The longer you wait to fork, the more community members you'll lose in the long run.

+1

They promise to follow CryptoNight community into PoW change, I bought a GPU miner not for mine Monero or Sumo or another CryptoNote coin, but just for mining Dero... and now they change their mind, again...

At this point you should make the conclusion : they don't care, about us.


latest update is one of the best update after long time in blockchain industry. 500 TPS even 200 TPS will be revolutionary on private chain. Ethereum has 20-30 TPS on public chain.
  Would have considered 3 secs block time a joke if announced by someone else other than dero developers.
3 seconds block time with 500 TPS is much bigger achievement to everyone in industry not just for dero.

 



DERO: CryptoNote Privacy + Smart Contracts   (https://bitcointalk.org/index.php?topic=2525508)
Inlite
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April 21, 2018, 04:10:27 PM
 #2643

Would have considered 3 secs block time a joke if announced by someone else other than dero developers.
3 seconds block time with 500 TPS is much bigger achievement to everyone in industry not just for dero.
BitShares has 2 secs block time and proven 3k TPS with 100k TPS theoretical.
krypt0id
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April 21, 2018, 04:12:18 PM
 #2644

at now only asic can mining DEro!
thanks to the developers that give the opportunity to earn buyers asik.
Simple miners are not here now.
ASIC FRIENDLY COIN!

OH NO! SELL ALL YOUR DERO! RUN!!!

Seriously guys, this is starting to sound like a witch hunt led by cry babies. Mine something else and buy dero or, wait until the POW change happens (as planned). Crying out isn't going to make the change come any faster. I'm just as angry about the ASICs as everyone else but I have something that I like to call "patience". The devs are working on it, calm down. Yes, they could be addressing it sooner and (insert other complaints here) but they have implemented more tech into this coin than you seem to be grasping.

Good things come to those that wait.


 KEYWORD: wait.

I agree with this except for the crybabies part.  For success Dero needs healthy criticism from the community, and I wager that the developers and Serena agree.  If you feel you have a legitimate concern, you should not be afraid to voice it here for fear of being labelled a crybaby or worse.  Serena has already emphasised that they are taking everyone's comments and criticisms into account, and as long as they are voiced in a considerate manner, I think they should be welcomed.  At the same time, we do need to take a balanced view and keep in mind all of the technical advances that have been made so far, as air133 says.  And also I think we should appreciate that the developers are taking a long term view rather than diverting precious resources into short-term fixes.  I don't like this situation of high hashrate and ASIC monopoly and more than anyone else here, but I can see the reasoning behind having to live with it for another month or two (at the most).

I just used the term crybabies because it is NOT healthy criticism to bring it up in the fashion that they do. Healthy criticism is welcome, FUD is not.

DERO - Secure. Private. Smart Contracts.
MATTX
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April 21, 2018, 04:30:36 PM
 #2645

Would have considered 3 secs block time a joke if announced by someone else other than dero developers.
3 seconds block time with 500 TPS is much bigger achievement to everyone in industry not just for dero.
BitShares has 2 secs block time and proven 3k TPS with 100k TPS theoretical.

Dero is POW and on private CryotoNote chain. Bitshare is DPOS and public chain.

DERO: CryptoNote Privacy + Smart Contracts   (https://bitcointalk.org/index.php?topic=2525508)
Inlite
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April 21, 2018, 05:21:48 PM
 #2646

Would have considered 3 secs block time a joke if announced by someone else other than dero developers.
3 seconds block time with 500 TPS is much bigger achievement to everyone in industry not just for dero.
BitShares has 2 secs block time and proven 3k TPS with 100k TPS theoretical.
Dero is POW and on private CryotoNote chain. Bitshare is DPOS and public chain.
Yes, 2 sec block time with 3k TPS was announced by someone else other than dero developers 3 years ago. Is it still a joke for you ?

PS. Dero is DPOW what means delegated to ASICs miners. For other ''members of community'' the only way is to buy Dero on exchange (same as BitShares).
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April 21, 2018, 05:33:02 PM
 #2647

Would have considered 3 secs block time a joke if announced by someone else other than dero developers.
3 seconds block time with 500 TPS is much bigger achievement to everyone in industry not just for dero.
BitShares has 2 secs block time and proven 3k TPS with 100k TPS theoretical.

That's comparing a PoS system vs PoW (apples and oranges)

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April 21, 2018, 05:34:39 PM
 #2648


I think this project will be a success and a new step in the 4.0 technology era
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April 21, 2018, 08:00:34 PM
 #2649


I think this project will be a success and a new step in the 4.0 technology era

What does 4.0 means?

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▪  ▪  ▪  ▪  ▪  Run ‘Smart Software’ at 10 Million TPS! Crowdsale Starting Soon  ▪  ▪  ▪  ▪  ▪ 
 Website | Telegram
Shrimby1
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April 21, 2018, 08:20:47 PM
 #2650


I think this project will be a success and a new step in the 4.0 technology era

What does 4.0 means?

Bitcoin 1.0
Etherium 2.0
Cardano, Neo, Icon etc. 3.0
Dero is seen by some as 4.0 or 4th gen blockchain technology
valgandar
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April 21, 2018, 10:07:33 PM
 #2651

(repost) I just want you all to know that we're still going over all of your feedback and our team is carefully considering everything you say. The Dero team knows that what's going on is not a positive thing, but it's not going to harm the network.

It's easy to get caught up on the things that are troubling you. I believe this is where the saying "the squeaky wheel gets the grease" comes from.

I think it's critically important to recognize that while others shifted their PoW algos, Dero fixed and continued to work on the issues that allowed so many networks to be attacked recently.

Please don't take that as we're ignoring the ASIC issue, what Dero is doing is looking at the issue from a different perspective and fixing the underlying problems before addressing what exacerbated them.

For full info please see: https://forum.dero.io/t/dero-monthly-update/446

If you have any questions please send --Serena-- a message
This POW is broken. How about switch only CPU minning ? Decentralized and no dump.

To be honest with you, my dream is that all PoW cryptocurrencies could be only CPU mineable (I personally don't like GPU mining, and, evidently, neither ASIC).
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April 22, 2018, 12:14:49 AM
 #2652

Yes, dero would have good technology in future. But righr now asic take 99% reward from them, and hashrate 30-40MH allowed them to make ROI all asics for a one week. Really insane. Dero buyers need be carefull in near future, before asic not exit from DERO, you need to have maaaaany $ to feed asic miners. They digging for 1cent and then sold dero at 75cents. 7500% ROI. I just thought they would resolve those problem with week or few week. But asics already about few weeks(or more) on dero network. . If earlier they take only 50-70%, now it's absolutely 99% holders of dero. I wish good luck dero project, but today you show your back to community and investors, unfortunately :-(. And price look like somebody manipulate already. 30-45 days ridiculuos time to change this situation, because it would be about 150-200K coins to asic owners if 30-45days would continue development. Argh
MATTX
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April 22, 2018, 12:47:08 AM
 #2653


To be honest with you, my dream is that all PoW cryptocurrencies could be only CPU mineable (I personally don't like GPU mining, and, evidently, neither ASIC).

very true, gpu companies should have mining kill switch.

Yes, dero would have good technology in future. But righr now asic take 99% reward from them, and hashrate 30-40MH allowed them to make ROI all asics for a one week. Really insane. Dero buyers need be carefull in near future, before asic not exit from DERO, you need to have maaaaany $ to feed asic miners. They digging for 1cent and then sold dero at 75cents. 7500% ROI. I just thought they would resolve those problem with week or few week. But asics already about few weeks(or more) on dero network. . If earlier they take only 50-70%, now it's absolutely 99% holders of dero. I wish good luck dero project, but today you show your back to community and investors, unfortunately :-(. And price look like somebody manipulate already. 30-45 days ridiculuos time to change this situation, because it would be about 150-200K coins to asic owners if 30-45days would continue development. Argh

Dero is already under valued by several times. Just wait and watch Dero atlantis blockchain 4.0 to come live.  Truly decentralization now as many without mining equipments can buy dero.

DERO: CryptoNote Privacy + Smart Contracts   (https://bitcointalk.org/index.php?topic=2525508)
krypt0id
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April 22, 2018, 03:01:06 AM
 #2654

Yes, dero would have good technology in future. But righr now asic take 99% reward from them, and hashrate 30-40MH allowed them to make ROI all asics for a one week. Really insane. Dero buyers need be carefull in near future, before asic not exit from DERO, you need to have maaaaany $ to feed asic miners. They digging for 1cent and then sold dero at 75cents. 7500% ROI. I just thought they would resolve those problem with week or few week. But asics already about few weeks(or more) on dero network. . If earlier they take only 50-70%, now it's absolutely 99% holders of dero. I wish good luck dero project, but today you show your back to community and investors, unfortunately :-(. And price look like somebody manipulate already. 30-45 days ridiculuos time to change this situation, because it would be about 150-200K coins to asic owners if 30-45days would continue development. Argh

You grossly over calculated the amount of dero ASICs have. Also, GPU miners have been mining for months. There is no way ASICs have 99% of the supply.

DERO - Secure. Private. Smart Contracts.
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April 22, 2018, 03:14:03 AM
 #2655

today you show your back to community and investors

On behalf of the Dero team, I want to let you know that making anyone feel this way is not the intention, and in fact what we're doing is exactly the opposite.

I feel it's important to step back for a moment to look at the larger situation as a whole. Many projects that had set fork dates for ASIC-resistance had to push their updates sooner because their networks were being attacked.

Dero has taken it's own approach since day 1. In this case, we feel it's critically important to protect the security, reliability, and robustness of Dero's network to protect everyone's efforts to date. What Dero is doing is looking at the issue from a different perspective and fixing the underlying problems before addressing what exacerbated them.

I strongly feel that when people look back through these posts in the future, they will see that Dero wants the most secure and safest network possible. We will always work very hard to protect our community but you're comparing a critical issue to one that is important, but less critical.

I have been mining Dero myself for 4 months, and so I can understand that ASICs are not ideal. People won't invest in something that is not secure, and they will remember security issues for a long time. It is the miners like you, and I who are effected in the short term, however, in the long term fixing critical issues and prioritizing properly is good for anyone who believes in the Dero Project.

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April 22, 2018, 04:25:28 AM
 #2656

(repost) I just want you all to know that we're still going over all of your feedback and our team is carefully considering everything you say. The Dero team knows that what's going on is not a positive thing, but it's not going to harm the network.

It's easy to get caught up on the things that are troubling you. I believe this is where the saying "the squeaky wheel gets the grease" comes from.

I think it's critically important to recognize that while others shifted their PoW algos, Dero fixed and continued to work on the issues that allowed so many networks to be attacked recently.

Please don't take that as we're ignoring the ASIC issue, what Dero is doing is looking at the issue from a different perspective and fixing the underlying problems before addressing what exacerbated them.

For full info please see: https://forum.dero.io/t/dero-monthly-update/446

If you have any questions please send --Serena-- a message
This POW is broken. How about switch only CPU minning ? Decentralized and no dump.

To be honest with you, my dream is that all PoW cryptocurrencies could be only CPU mineable (I personally don't like GPU mining, and, evidently, neither ASIC).
GPU rig can have 8-12 GPUs. I have no idea how to do rig with same amount of CPUs. If each one need his own motherboard and ram... Then that type of mining is sucks. I only know server motherborads with 4 cpu, but it have especial socket (very limited models of CPU can be placed) and can't be upgraded in future. Very uncomfortable and annoying perspective. There will be very small amount of real miners and supporters in way like that. Only botnets... I think it more bad than even asics
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April 22, 2018, 04:32:50 AM
 #2657

(repost) I just want you all to know that we're still going over all of your feedback and our team is carefully considering everything you say. The Dero team knows that what's going on is not a positive thing, but it's not going to harm the network.

It's easy to get caught up on the things that are troubling you. I believe this is where the saying "the squeaky wheel gets the grease" comes from.

I think it's critically important to recognize that while others shifted their PoW algos, Dero fixed and continued to work on the issues that allowed so many networks to be attacked recently.

Please don't take that as we're ignoring the ASIC issue, what Dero is doing is looking at the issue from a different perspective and fixing the underlying problems before addressing what exacerbated them.

For full info please see: https://forum.dero.io/t/dero-monthly-update/446

If you have any questions please send --Serena-- a message
This POW is broken. How about switch only CPU minning ? Decentralized and no dump.

To be honest with you, my dream is that all PoW cryptocurrencies could be only CPU mineable (I personally don't like GPU mining, and, evidently, neither ASIC).
GPU rig can have 8-12 GPUs. I have no idea how to do rig with same amount of CPUs. If each one need his own motherboard and ram... Then that type of mining is sucks. I only know server motherborads with 4 cpu, but it have especial socket (very limited models of CPU can be placed) and can't be upgraded in future. Very uncomfortable and annoying perspective. There will be very small amount of real miners and supporters in way like that. Only botnets... I think it more bad than even asics

Well, I hadn't thought by your view point before. And it makes sense.
krypt0id
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April 22, 2018, 04:53:49 AM
 #2658

(repost) I just want you all to know that we're still going over all of your feedback and our team is carefully considering everything you say. The Dero team knows that what's going on is not a positive thing, but it's not going to harm the network.

It's easy to get caught up on the things that are troubling you. I believe this is where the saying "the squeaky wheel gets the grease" comes from.

I think it's critically important to recognize that while others shifted their PoW algos, Dero fixed and continued to work on the issues that allowed so many networks to be attacked recently.

Please don't take that as we're ignoring the ASIC issue, what Dero is doing is looking at the issue from a different perspective and fixing the underlying problems before addressing what exacerbated them.

For full info please see: https://forum.dero.io/t/dero-monthly-update/446

If you have any questions please send --Serena-- a message
This POW is broken. How about switch only CPU minning ? Decentralized and no dump.




To be honest with you, my dream is that all PoW cryptocurrencies could be only CPU mineable (I personally don't like GPU mining, and, evidently, neither ASIC).
GPU rig can have 8-12 GPUs. I have no idea how to do rig with same amount of CPUs. If each one need his own motherboard and ram... Then that type of mining is sucks. I only know server motherborads with 4 cpu, but it have especial socket (very limited models of CPU can be placed) and can't be upgraded in future. Very uncomfortable and annoying perspective. There will be very small amount of real miners and supporters in way like that. Only botnets... I think it more bad than even asics

Well, I hadn't thought by your view point before. And it makes sense.

Not to mention cloud mining, when someone spins up a large number of cheap VMs.

DERO - Secure. Private. Smart Contracts.
cpmcgrat
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April 22, 2018, 06:05:32 AM
 #2659

Honestly, this thread has been bumming me out, I’ve been a staunch supporter of Dero for months now and used to love the community’s helpful, synergistic vibe. I used to visit this thread and the Dero forum multiple times a day, but find myself coming less and less. The holier-than-thou approach of the team to an outpouring of disappointment from their early supporters and the toxicity that breeds has killed what I used to love coming to this community for.

I think I’m going to look for another project to join and back. Not sure I can keep going with this community in its current state.

Cloud Network Security, GPU Acceleration and Low Level Systems Nerd
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stef942
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April 22, 2018, 06:31:33 AM
 #2660



On behalf of the Dero team, I want to let you know that making anyone feel this way is not the intention, and in fact what we're doing is exactly the opposite.

I feel it's important to step back for a moment to look at the larger situation as a whole. Many projects that had set fork dates for ASIC-resistance had to push their updates sooner because their networks were being attacked.

Dero has taken it's own approach since day 1. In this case, we feel it's critically important to protect the security, reliability, and robustness of Dero's network to protect everyone's efforts to date. What Dero is doing is looking at the issue from a different perspective and fixing the underlying problems before addressing what exacerbated them.

I strongly feel that when people look back through these posts in the future, they will see that Dero wants the most secure and safest network possible. We will always work very hard to protect our community but you're comparing a critical issue to one that is important, but less critical.

I have been mining Dero myself for 4 months, and so I can understand that ASICs are not ideal. People won't invest in something that is not secure, and they will remember security issues for a long time. It is the miners like you, and I who are effected in the short term, however, in the long term fixing critical issues and prioritizing properly is good for anyone who believes in the Dero Project.

this is bullshit, you are killing gpu mining, look at actual hashrate and what it was 2 weeks ago. Your community is gpu miners not chinese asics farms.Go ahead that way and DERO is dead
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