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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 119659 times)
fellestreum
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April 25, 2018, 09:32:02 PM
Merited by MagicSmoker (1)
 #2761

Please bear in mind that this coin is still in a very early stage of development.  Not everything is going to work smoothly or exactly as everyone would like.  There are issues and bumps along the road and this is inevitable.  The question to ask: where are the priorities of the developers, and how are they handling it?

*  They have decided to prioritise getting Atlantis ready rather than being sidetracked by a PoW update to defeat the ASICs right now.  Whether you agree or not with this policy the considered opinion of the developers is that this is the best policy for the longer term.

* The code is in alpha state and they don't want to release the source code until the project is more complete and aligned with its originally stated goals.  Whether you agree or not it is a considered opinion and policy, and yes, you have to trust the developers for now that they really will release the code as promised.  (They know it would be insane not to -  it would be the death knell of the coin and all their efforts would have been wasted.)

*  They do not want to register the coin on any more exchanges until it is more ready for prime-time.  Again, you may not agree, but it is a considered opinion and basically has become official policy.

Come back again in 1-2 months.  If the developers have seen through on their promises (Atlantis released with features as already announced; source code released; ASICs defeated - among much else achieved by Atlantis; Dero registered on another and better exchange or at least in the pipeline by then) on the timescale promised, then you know what?  It really means a lot.  It enables people to put much more faith in the developers and the coin.  Price will rise.  It will be taken more seriously.  The coin will be much stronger.  And if you support the coin, at that point you will be much happier, too.

Consider the following 1-2 months a test.  The team have put themselves on the line.  There is no point trying to change the opinions/settled policy of the developers at this point.  Just sit back and wait to see how it all pans out.  If it pans out according to plan, you will be in an excellent position to still be one of the early adopters of a great coin with a much greater degree of confidence in its ultimate success.  If it doesn't, then the weaknesses of Dero and its team will have been exposed and you can move on, at relatively little cost to you.  Either way, you will find out, and benefit.

EDIT.  And consider what has already been achieved.  Recoding the blockchain into another language was no small matter, and on top of that transitioning the mining pools and wallets to the new version of the blockchain has gone almost without hiccups - and with a big increase in hashing power to boot, and three attacks to the network fended off successfully.  And also think to yourself:  why have they bothered to recode the entire thing into a new language?  Reflect on that, and then realise that the developers mean what they say when they say they are looking at the long-term success of the coin.  This is no ordinary Cryptonight fork.
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April 25, 2018, 11:22:19 PM
 #2762


You're controlling the market by not releasing premined coins to suit the current high demand for them
Exactly how Diamonds work.


What?! With that argument you can say that every coin with premine is "controlled"
There have been hundred of thousends $ worth of Dero traded in the last days. That is not enough Dero for you? Keep in mind that the price is very low (mcap of ~4mil) and thus very few people are willing to part with their Dero, they expect them to be worth more in the future. If you offer a higher buy price, more people will be willing to sell their Dero.

https://steemit.com/cryptocurrency/@cryptomedication/bravadogroup-and-several-other-major-crypto-influencers-caught-planning-massive-pump-and-dump-schemes
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April 25, 2018, 11:33:54 PM
Last edit: April 26, 2018, 09:22:37 PM by --Serena--
 #2763

                                                                 
 


How to start using Dero                Downloads                Whitepaper                Support      



About DERO  

The Dero Project has written a unique new blockchain technology that is based on the CryptoNote protocol. Dero's goal is to create a unique state of the art blockchain technology with enhanced reliability, privacy, security, usability, and portability by bringing together some of the best proven technologies like the CryptoNote protocol and smart contracts, thereby allowing for the creation of truly private smart contracts.

The Dero development team has implemented complete SSL across the Dero network which is a first on any blockchain. This encrypts the entirety of our network traffic, which greatly reduces our attack surface, while simultaneously preventing ISPs or other users from analyzing Dero’s network traffic.




Dero's Key Features  

  • DERO is a completely new and unique CryptoNote blockchain written in Golang
  • DERO is the first blockchain to have complete SSL in the P2P layer
  • DERO will be the first CryptoNote blockchain to have 500 transactions per second on its native blockchain without any lightning networks, validators or off-blockchain solutions
  • DERO will be first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains
  • CryptoNote privacy
  • Smart contracts
  • Atomic swaps
  • Mobile and offline wallets
  • Lightweight wallets
  • Subaddresses
  • Escrow services on the blockchain
  • Address signing and certifying
  • Voting on a private blockchain




About The Developers  


There are three developers working on the Dero Project who have been working in the field of cryptography and blockchain development as a team for more than a decade. Dero's research and development team are devoted full time to the project, and can often be found in our Slack channel. For now, the development team are choosing to retain their privacy until the Dero Project incorporates.




Coin Specifications  
 

  • Proof-of-work (PoW) algorithm: CryptoNight
  • Max supply: 18.4 million for the first 8 years followed by an infinite emission rate after year 8 of ~157,000 DERO/year
  • Block reward: Smoothly varying
  • Block time: 120 seconds
  • Difficulty: Retargets at every block
  • Ticker: DERO




Dero's Roadmap  

 
  • Q1/2018 - Dero's new unique blockchain written and full Activation. - Completed ahead of schedule with the extra addition of complete SSL across Dero's network
  • Q2/2018 - Record CryptoNote TX/sec, GUI wallets, sub addresses, atomic swaps, and smart contract testing.
  • Q3/2018 - Smart contract support on chain. Q3 2018.
  • Q4/2018 - Strategic market expansion, team growth, and more (coming soon).




Dero Related Links  

Resource Links  

WEBSITE: https://dero.io/
FORUM: https://forum.dero.io/
EXPLORER: https://explorer.dero.io
OFFICIAL POOL: http://pool.dero.live/
BINARIES: http://seeds.dero.io/alpha/

Exchanges & Stats:

EXCHANGE: https://stocks.exchange/trade/DERO/BTC
EXCHANGE: https://www.southxchange.com/Balance/Index/DERO
Stats: https://coincodex.com/crypto/dero/
Stats: https://www.difficultychart.com/dero
Stats: https://www.cryptunit.com/coin/DERO





Articles and Media Content  


Dero: A new blockchain technology that brings CryptoNote privacy together with smart contracts.


Shifting from alpha to beta: CryptoNote with smart contracts





Support
--Serena--
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April 25, 2018, 11:35:51 PM
 #2764


Dero does NOT support these types of groups and if you find one operating please let us know.

This is my tweet to the person who originally broke the news https://twitter.com/Serena_fox_dero/status/989285709843435520
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April 26, 2018, 05:18:00 AM
 #2765


That's funny, Tron hired a market maker a few months back, they pump and dump all the time.
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April 26, 2018, 08:20:53 AM
 #2766

Please bear in mind that this coin is still in a very early stage of development.  Not everything is going to work smoothly or exactly as everyone would like.  There are issues and bumps along the road and this is inevitable.  The question to ask: where are the priorities of the developers, and how are they handling it?

*  They have decided to prioritise getting Atlantis ready rather than being sidetracked by a PoW update to defeat the ASICs right now.  Whether you agree or not with this policy the considered opinion of the developers is that this is the best policy for the longer term.

* The code is in alpha state and they don't want to release the source code until the project is more complete and aligned with its originally stated goals.  Whether you agree or not it is a considered opinion and policy, and yes, you have to trust the developers for now that they really will release the code as promised.  (They know it would be insane not to -  it would be the death knell of the coin and all their efforts would have been wasted.)

*  They do not want to register the coin on any more exchanges until it is more ready for prime-time.  Again, you may not agree, but it is a considered opinion and basically has become official policy.

Come back again in 1-2 months.  If the developers have seen through on their promises (Atlantis released with features as already announced; source code released; ASICs defeated - among much else achieved by Atlantis; Dero registered on another and better exchange or at least in the pipeline by then) on the timescale promised, then you know what?  It really means a lot.  It enables people to put much more faith in the developers and the coin.  Price will rise.  It will be taken more seriously.  The coin will be much stronger.  And if you support the coin, at that point you will be much happier, too.

Consider the following 1-2 months a test.  The team have put themselves on the line.  There is no point trying to change the opinions/settled policy of the developers at this point.  Just sit back and wait to see how it all pans out.  If it pans out according to plan, you will be in an excellent position to still be one of the early adopters of a great coin with a much greater degree of confidence in its ultimate success.  If it doesn't, then the weaknesses of Dero and its team will have been exposed and you can move on, at relatively little cost to you.  Either way, you will find out, and benefit.

EDIT.  And consider what has already been achieved.  Recoding the blockchain into another language was no small matter, and on top of that transitioning the mining pools and wallets to the new version of the blockchain has gone almost without hiccups - and with a big increase in hashing power to boot, and three attacks to the network fended off successfully.  And also think to yourself:  why have they bothered to recode the entire thing into a new language?  Reflect on that, and then realise that the developers mean what they say when they say they are looking at the long-term success of the coin.  This is no ordinary Cryptonight fork.

Good questions. Q3 2018 is crucial time for this coin.
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April 26, 2018, 08:53:14 AM
 #2767

why we don't start listing on huge exchange such as binance, bittrex ?
fellestreum
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April 26, 2018, 09:25:33 AM
 #2768

why we don't start listing on huge exchange such as binance, bittrex ?

go away...
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April 26, 2018, 09:28:27 AM
 #2769


That's funny, Tron hired a market maker a few months back, they pump and dump all the time.

Pump-and-dump is illegal in securities trading, so unless you think that crypto is going to remain lawless and unregulated indefinitely this sort of thing will not only come to a screeching halt, there may be some negative consequences in the future for willingly engaging in bad behavior now.

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April 26, 2018, 10:00:23 AM
 #2770


That's funny, Tron hired a market maker a few months back, they pump and dump all the time.

Pump-and-dump is illegal in securities trading, so unless you think that crypto is going to remain lawless and unregulated indefinitely this sort of thing will not only come to a screeching halt, there may be some negative consequences in the future for willingly engaging in bad behavior now.


Let's  keep an eye out for shillers on ALL channels (not only here) and silence them /call them out as much as possible when we see them.

Pump and dump only works when lots of people get on board with the pump part.  If we as a community are vigilant, the pump and dumpers will go and pick easier targets.
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April 26, 2018, 01:09:23 PM
 #2771


That's funny, Tron hired a market maker a few months back, they pump and dump all the time.

Pump-and-dump is illegal in securities trading, so unless you think that crypto is going to remain lawless and unregulated indefinitely this sort of thing will not only come to a screeching halt, there may be some negative consequences in the future for willingly engaging in bad behavior now.


Let's  keep an eye out for shillers on ALL channels (not only here) and silence them /call them out as much as possible when we see them.

Pump and dump only works when lots of people get on board with the pump part.  If we as a community are vigilant, the pump and dumpers will go and pick easier targets.

Luckily for now I think stock exchanges “superb service” protects dero from the big pnd groups. 😂
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April 26, 2018, 01:18:47 PM
 #2772

So I noticed that the dev. didn't fork this coin. So now it is an ASIC mining coin.  Any plans on anti-asic forking?  thx. Smiley

ZANO New Sources|1st ProgPowZ|PoW/PoS Hybrid|Scalable|Private|Contracting https://zano.org/   Donation BTC 1Jrx5UCkY4p6AQ2kHFu6yZDMFj88KNggkR
fellestreum
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April 26, 2018, 01:20:13 PM
 #2773


That's funny, Tron hired a market maker a few months back, they pump and dump all the time.

Pump-and-dump is illegal in securities trading, so unless you think that crypto is going to remain lawless and unregulated indefinitely this sort of thing will not only come to a screeching halt, there may be some negative consequences in the future for willingly engaging in bad behavior now.


Let's  keep an eye out for shillers on ALL channels (not only here) and silence them /call them out as much as possible when we see them.

Pump and dump only works when lots of people get on board with the pump part.  If we as a community are vigilant, the pump and dumpers will go and pick easier targets.

Luckily for now I think stock exchanges “superb service” protects dero from the big pnd groups. 😂

 Grin

Seriously though, according to that leaked chat that was posted earlier (which was awesome to read) one of the things these groups do is use their "connections" to get tiny cap coins listed on more prominent exchanges precisely to oil the wheels for their PnD.
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April 26, 2018, 05:49:47 PM
 #2774


That's funny, Tron hired a market maker a few months back, they pump and dump all the time.

Pump-and-dump is illegal in securities trading, so unless you think that crypto is going to remain lawless and unregulated indefinitely this sort of thing will not only come to a screeching halt, there may be some negative consequences in the future for willingly engaging in bad behavior now.


Let's  keep an eye out for shillers on ALL channels (not only here) and silence them /call them out as much as possible when we see them.

Pump and dump only works when lots of people get on board with the pump part.  If we as a community are vigilant, the pump and dumpers will go and pick easier targets.

Luckily for now I think stock exchanges “superb service” protects dero from the big pnd groups. 😂

hahaha!! indeed!
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April 26, 2018, 05:52:04 PM
 #2775

So I noticed that the dev. didn't fork this coin. So now it is an ASIC mining coin.  Any plans on anti-asic forking?  thx. Smiley

I could be wrong but asics are bringing volume and a stronger security network to dero as well as less energy consumption. I hate asics for its anti-egalitarian nature but it does help Dero.
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April 26, 2018, 06:36:36 PM
Last edit: April 26, 2018, 07:01:34 PM by Razkor999
 #2776


With this in mind, have you considered dumping some of the premined coins into the exchange to ease / steady the price its extreme currently due to lack of supply.


The Dero team will not be dumping any premined coins, and we can't control the market, nor will we try to.

You're controlling the market by not releasing premined coins to suit the current high demand for them
Exactly how Diamonds work.

That makes no sense, since they can't release the premined coins until some specified time.

Supply should meet the demand, Stocks Exchange is not cut out for the task

Basically its monopolized by the Asics miners right now.

That one I must agree. GPU miners practically stopped mining, and now, only few ASIC miners (or NH rentors) are getting all the rewards for now.




Premined coins aren't linked to some elaborate timing device that swings open a vault door.

The market needs flooding to spread the wealth or it needs a bigger exchange with many users, to get a better spread on the coins.

Dero right now is being pumped and dumped hard.


Stocks exchange is absolutely dreadful.The only beauty of Stocks is, it shows you how many people are viewing each coin type.

I keep a close eye on Dero and have done for quite a while since like January, it's funny how Dero never has more than say 15 people on the exchange page.

Essentially it's just a few bag holders / Asic's miners that are manipulating the price.

Why would a 6 month old project that's getting it's back doors smashed in by Asics, without even a Gui or Webwallet be more expensive to buy than say Aeon or SumoKoin?

The price right now in my opinion is hyper inflated due to lack of supply, / only Asics are mining it.

Yeah it's a good project but seriously? more than a dollar is pushing it for what it offers so far. never mind 2.5 - 3.

The Asics miners would jump ship if it wasn't so lucrative to harvest the ass out of Dero and manipulate it. They're bending everyone over as they control the coins.


on the upside, I dumped my bag of Dero @ 30,000 sats as it would be foolish not to.




DERO EXCHANGE
DERO/BTC
Online users on page 9....


 


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April 26, 2018, 07:05:19 PM
 #2777

220kh = 20 dero/day,
Couple days ago it was more miners and rewards
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April 26, 2018, 08:22:10 PM
 #2778

I saw 5 min ago + ~80Mh on small period of time. Bitmain test new ASICs? 51% attack?
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April 26, 2018, 08:27:26 PM
 #2779

I saw 5 min ago + ~80Mh on small period of time. Bitmain test new ASICs? 51% attack?
For 5 min: 150MH then 240 then 170 then 190 then 150MH . Check your pool, maybe wrong info
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April 26, 2018, 09:36:03 PM
 #2780

So I noticed that the dev. didn't fork this coin. So now it is an ASIC mining coin.  Any plans on anti-asic forking?  thx. Smiley

I could be wrong but asics are bringing volume and a stronger security network to dero as well as less energy consumption. I hate asics for its anti-egalitarian nature but it does help Dero.

Well, let's see... the network hashrate before the ASIC invasion was around 5MH/s, and let's say that was entirely from RX 560s* which will do 500H/s at 60W, so requiring 10000 cards drawing a total of 600kW.

The Baikal Giant-N does 20kH/s for the same 60W, so 40x more hashrate at the same power. Surely this will reduce overall energy consumption, right? Actually, no, because the network hashrate is now ~200MH/s which is 40x higher. So, total energy consumption is approximately the same as before the ASICs.


* - I chose these because they are surprisingly efficient at CryptoNight; an RX 570 will do 740H/s but draws 120-140W; so 50% more hashrate for double the power, an all around bad deal.
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