Bitcoin Forum
July 03, 2020, 07:37:35 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 [151] 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 ... 221 »
  Print  
Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 119648 times)
Edwinc08
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
May 16, 2018, 06:01:08 AM
Last edit: May 16, 2018, 06:11:48 AM by Edwinc08
 #3001

I've been supporting Dero since day one and the one thing that really hurts is that GPU miners(myself included) were the ones supporting and contributing to Dero since the beginning. However, the Dero team decided to hand the network over to asics without hesitation, centralizing the network with no solid explanation. Really puts things in perspective. I already sold all my Dero and have moved on to another project. I know many of my fellow miners have done the same. I check on how the project is doing from time to time but sadly, now, their just seems to be fud. Cryptonote is special because it is private, and asic resistant which helps make the network egalitarian. Something that apparently doesn't matter much to the Dero team. The premine shows a good amount of greed as well. It's impressive rewriting code and creating your own blockchain and the code is solid. Serena is an amazing community manager as well, maybe the best I have seen. However, I have also seen how unhappy miners abandon projects and I have been around long enough to know this is how many projects die. Asic miners love to dump coins, which cause the community to lose faith in projects and before you know it, they move on to something more innovative and egalitarian. The network doesn't survive without a strong base. I feel betrayed and I know most of this community feels the same way. I don't think you should get rid of asics anymore, it's only going to ruin your chances of recovery. You will make asics unhappy (you know they only mine like 3 dero a day per asic LOL) and most of the miners that were supporting Dero have moved on to a new and interesting project. It will be long before volume comes around again which means it will be a long time before a decent exchange. Your network will crash without asics. Such smart developers with such bad strategic thinking. I used to think one of the developers was from Monero but I know that is impossible now.  
AWARD-WINNING
CRYPTO CASINO
ASKGAMBLERS
PLAYERS CHOICE 2019
PROUD
PARTNER OF
1500+
GAMES
2 MIN
CASH-OUTS
24/7
SUPPORT
100s OF
FREE SPINS
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1593805055
Hero Member
*
Offline Offline

Posts: 1593805055

View Profile Personal Message (Offline)

Ignore
1593805055
Reply with quote  #2

1593805055
Report to moderator
1593805055
Hero Member
*
Offline Offline

Posts: 1593805055

View Profile Personal Message (Offline)

Ignore
1593805055
Reply with quote  #2

1593805055
Report to moderator
Edwinc08
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
May 16, 2018, 06:05:16 AM
 #3002


3 second blocks and no orphans.  Does anyone believe this?



Another quote for the books.

The FUD is strong with these young padawans.

It's valid FUD until proven that they can do it.  I especially want to see how they overcome the "no orphans" problem.  

Anonymous developers, closed source, insane promises.  This is fine.  Keep up the (blind) faith.

You were right this is a little insane as it's too good to be true and have to admit that I have been keeping up the blind faith for the project from the start. All we have here about Atlantis is speculation. Though we have clues that build up out belief from time to time when we look at all two Dero chat rooms to see how active and wise and experienced the Devs and community are, to add more, as I know they are the first with these incredible valuable privacy + smart contract ideas, huge work of rewriting to Golang, and they have been always ahead of their ambitions on roadmap (not heard from someone else, I was here from the beginning and have been watching those achievements myself). Not to mention with the premined coins are locked they can't dump on us if Atlantis fails.

Till now it's still speculation and it may be blind but it's not harmful to get ourselves some Dero just in case, because if those works done for real in the near future, which is very very likely, we'll have a huge milestone not only for Dero but for the whole crypto world.

***


Problems Google has with cloud computing?  What the hell does that have to do with a cryptocurrency?

You don't get faster than C++.  The only reason Dero was rewritten was so they could close source it.  If they hadn't rewritten it they would have had to keep it open source or violate the licensing.

Far as I know the source code will be open to community when Atlantis gets done. I suggest beside ann thread you should join Slack or Telegram cause things like this has been discussed there many times.


It's not closed source if the software isn't out for use, yet. The source just isn't available yet because the software hasn't been released. There is a difference between closed source, open source and free software. Dero is open source, it is not free software.

You know decent projects have GUI wallets right away. Most developers are able to make them in a couple days. I never understood why Dero wanted to wait until Q2. Six months after starting the project. Maybe they are making a wallet that will blow our minds, maybe they wanted to wait until Atlantis, but who knows. Six months is a long time.
Mojo_LB
Jr. Member
*
Offline Offline

Activity: 87
Merit: 2


View Profile WWW
May 16, 2018, 08:26:43 AM
 #3003


You know decent projects have GUI wallets right away. Most developers are able to make them in a couple days. I never understood why Dero wanted to wait until Q2. Six months after starting the project. Maybe they are making a wallet that will blow our minds, maybe they wanted to wait until Atlantis, but who knows. Six months is a long time.

The wallet, as you said, is not in itself a big issue. However, keep in mind that our devs already rewrote everything with Atlantis, so anything that communicates with the core (such as a wallet) must be built after the core is finalized. Hence why something so simple has been pushed back so far Smiley
fellestreum
Jr. Member
*
Offline Offline

Activity: 111
Merit: 5

--nemo me impune lacessit--


View Profile
May 16, 2018, 09:28:24 AM
 #3004


You know decent projects have GUI wallets right away. Most developers are able to make them in a couple days. I never understood why Dero wanted to wait until Q2. Six months after starting the project. Maybe they are making a wallet that will blow our minds, maybe they wanted to wait until Atlantis, but who knows. Six months is a long time.

Have you tried the command line wallet for Dero?  It is a big improvement on the regular CN CLI wallets.  Significantly more user-friendly, with a menu system, and useful functions (such as transferring entire wallet balance with automatic fee calculation instead of endless fiddling with the amount).

My one grip so far is that when showing transaction history, it would be nice to see date/time as well as block height.
Dr_Voidberg
Member
**
Offline Offline

Activity: 92
Merit: 12


View Profile
May 16, 2018, 10:00:42 AM
 #3005

I like the simple Cli wallet, gives me a feel of being more in control. I will take that over the new Monero GUI anyday.
Dr_Voidberg
Member
**
Offline Offline

Activity: 92
Merit: 12


View Profile
May 16, 2018, 10:08:33 AM
 #3006

However, the Dero team decided to hand the network over to asics without hesitation, centralizing the network with no solid explanation.
...
 Cryptonote is special because it is private, and asic resistant which helps make the network egalitarian.
...
It's impressive rewriting code and creating your own blockchain and the code is solid. Serena is an amazing community manager as well, maybe the best I have seen.

1. Not true, ASICs came by themselves to all CN coins.

2. Not true, CN is not ASIC resistant as we all have seen

3. True, it is an awesome project with a great future
--Serena--
Member
**
Offline Offline

Activity: 224
Merit: 11


View Profile
May 16, 2018, 11:19:28 AM
 #3007

However, the Dero team decided to hand the network over to asics without hesitation, centralizing the network with no solid explanation.
We have been working to make a new PoW that is suitable for the needs of Dero Atlantis. We strongly believe in network security, and so we're working to expediently bring strong positive changes to the table. Network attacks are already happening on many networks, and the source of hashpower is not the issue, the vulnerabilities (that we fixed, and are continuing to fix) are the problem.

Cryptonote is special because it is private, and asic resistant which helps make the network egalitarian. Something that apparently doesn't matter much to the Dero team.
I'm sorry if we gave that impression at any point. If you follow us on Slack, and in our forums you will see that we have a particularly strong interest in maintaining the egalitarian spirit of CryptoNight.

I feel betrayed and I know most of this community feels the same way.
The last thing we would like to do is alientate any portion of our community, and we're working very hard to provide a solution that factors in the many problems hidden and public. There is a lot going on behind the scenes in the crypto world, particularly with hardware and so it's not so black/white anymore.
 

Essentially, this issue is not black & white like many perceive it to be and with deep respect to everyone, this is about to become news in the crypto world.
Dr_Voidberg
Member
**
Offline Offline

Activity: 92
Merit: 12


View Profile
May 16, 2018, 11:46:58 AM
 #3008

For those interested in the problems with ASIC resistance this may be a good read: https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b
Edwinc08
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
May 16, 2018, 05:43:25 PM
 #3009

However, the Dero team decided to hand the network over to asics without hesitation, centralizing the network with no solid explanation.
We have been working to make a new PoW that is suitable for the needs of Dero Atlantis. We strongly believe in network security, and so we're working to expediently bring strong positive changes to the table. Network attacks are already happening on many networks, and the source of hashpower is not the issue, the vulnerabilities (that we fixed, and are continuing to fix) are the problem.

Cryptonote is special because it is private, and asic resistant which helps make the network egalitarian. Something that apparently doesn't matter much to the Dero team.
I'm sorry if we gave that impression at any point. If you follow us on Slack, and in our forums you will see that we have a particularly strong interest in maintaining the egalitarian spirit of CryptoNight.

I feel betrayed and I know most of this community feels the same way.
The last thing we would like to do is alientate any portion of our community, and we're working very hard to provide a solution that factors in the many problems hidden and public. There is a lot going on behind the scenes in the crypto world, particularly with hardware and so it's not so black/white anymore.
 

Essentially, this issue is not black & white like many perceive it to be and with deep respect to everyone, this is about to become news in the crypto world.

You should be a politician Serena, you very good with your tact. However you and I both know CapDero didn't see a problem with asics since the beginning, as he stated. We both know the development team had over a month to fix their algorithm(we warned them of the asics with so much time), and we both know they could of made Dero asic resistant in about a week. People forget mining is for decentralization. Not to make developers rich with their premine. Dero has been secure for over a month and handing over the hashing power to asics makes the network more vulnerable because they have ALL the hashing power right now. Doesn't seem all that secure. Its also great to know the developers have their faces hidden so they can just start a new project later without any repercussions if this one doesn't go so well.
Edwinc08
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
May 16, 2018, 05:59:56 PM
 #3010

For those interested in the problems with ASIC resistance this may be a good read: https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b

It's called conflict of interest my good sir. Trust me, they didn't mine monero for a year then release the asics. I mined monero for over a year, the network behavior was normal until February. So its hard to believe. Look what asics did to Dero, from 20 a day with 15 k/s to 1 a day with 15k/s, Monero never went close to that behavior. Don't swallow everything you hear. Sia is just trying to bring a good light to asics so they can make money. The reason GPU mining works for decentralization is because most people have a computer with a GPU, hence most people can mine. Not everyone has an asic and the type of people that buy asics are whales that can afford a product to solely use for mining. You know what a laugh governments and banks have when they see that our "decentralization claim" is contradictory because asics centralize it. You know how bad that looks for crypto. Everything just looks like a money grab. I refuse to believe the Dero team doesn't understand this. Maybe the developers are just good at developing and not thinking of consequences but Serena is smart. Which I actually remember not to long ago when she left Dero because they didn't want to pay her what she is worth. Maybe I am wrong and the Dero team is not as intelligent as I made them to be. I know they are changing their algorithm but just like people don't forget when networks get hacked, people also don't forget when they say they stand for something but they don't. Luckily many new investors are joining crypto but we know not many miners are.     
CorePrime95
Full Member
***
Offline Offline

Activity: 190
Merit: 101


View Profile
May 16, 2018, 06:53:22 PM
 #3011

It's called conflict of interest my good sir. Trust me, they didn't mine monero for a year then release the asics. I mined monero for over a year, the network behavior was normal until February. So its hard to believe.

Do you really believe Bitmain are angels and tell the public about their ASICs immediatly and sell them?

Dero has been secure for over a month and handing over the hashing power to asics makes the network more vulnerable because they have ALL the hashing power right now. Doesn't seem all that secure.

Dero has had extreme high hashrate attacks because of this, much higher then other coins. But in contrast to other coins it withstood the attacks. I believe the experience with these ASICs on the network will enable the Devs to create the most secure blockchain ever.
Edwinc08
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
May 16, 2018, 10:16:08 PM
 #3012

It's called conflict of interest my good sir. Trust me, they didn't mine monero for a year then release the asics. I mined monero for over a year, the network behavior was normal until February. So its hard to believe.

Do you really believe Bitmain are angels and tell the public about their ASICs immediatly and sell them?

Dero has been secure for over a month and handing over the hashing power to asics makes the network more vulnerable because they have ALL the hashing power right now. Doesn't seem all that secure.

Dero has had extreme high hashrate attacks because of this, much higher then other coins. But in contrast to other coins it withstood the attacks. I believe the experience with these ASICs on the network will enable the Devs to create the most secure blockchain ever.

Why would bitmain reveal that they had been running these asics for a year? Why did the monero network behave normal? The mapping of the network was distributed which makes me wonder how bitmain managed that for a year. No leaks either huh. Maybe they just said they used them for a year because they wanted to reassure anyone willing to buy their product.

Centralize a coin to have the most secure blockchain, turn your back on your base and network supporters... but preach decentralization with a 10% premine. That makes sense. Most projects don't have to do that though which is weird. Asic miners are going to mine Dero until Atlantis, then dump it. Dero is getting smart contracts until Q3 and won't have partnerships until Q4... who is going to pay attention to this coin? Also, they have to go against Wanchain and another gem currently being built. Clean projects with serious backers and dedicated early investors. If you pay attention to the network of sidechains being created on ethereum... the ecosystem that will be accomplished before Dero even seeks out partners or finishes their code for smart contracts... They have 3 developers holding 10% premine. Three developers! THREE. You can say... yea and CapDero wrote a blockchain from the ground up... but that is not what really happened. They forked off monero and translated it to Golang changing a few things. That is the same thing as having a beautiful blueprint and translating it and adding a few things... If this project picks up again, it's going to be a long long time before it picks up. At the rate crypto moves, Dero is far behind. Without it's early supporters to promote it Dero is good as dead, most of us dumped the coin when it hit 3.5 USD, its only a matter of time before it goes back to 30 cents. This is what drives the market, if you think its something else, good luck in the crypto  world.
--Serena--
Member
**
Offline Offline

Activity: 224
Merit: 11


View Profile
May 16, 2018, 11:15:52 PM
 #3013


If you pay attention to the network of sidechains being created on xyz
Dero is a layer 1 solution and a platform, not a layer 2 solution on another's platform

CapDero wrote a blockchain from the ground up... but that is not what really happened.
A quote from our lead developer "Every part of the DERO blockchain from P2P protocol, Consensus protocol, POW, Forking, Security, Scalability, Wallets is being re-designed to meet DERO vision." So, everything was written from the ground up, and many things were fixed, adjusted, changed, and so on

They forked off monero and translated it to Golang changing a few things.
Essentially everything was changed (already), and in the not so distant future perhaps we can literally say "100% of everything"


If you have any questions about what Dero is, please don't hesitate to reach out and contact me. I think there may have been a misunderstanding in a few particular areas like the layer 1 vs side-chain comment. Let me know if I can be of any help!
krypt0id
Jr. Member
*
Offline Offline

Activity: 148
Merit: 2


View Profile
May 16, 2018, 11:20:01 PM
 #3014

It's called conflict of interest my good sir. Trust me, they didn't mine monero for a year then release the asics. I mined monero for over a year, the network behavior was normal until February. So its hard to believe.

Do you really believe Bitmain are angels and tell the public about their ASICs immediatly and sell them?

Dero has been secure for over a month and handing over the hashing power to asics makes the network more vulnerable because they have ALL the hashing power right now. Doesn't seem all that secure.

Dero has had extreme high hashrate attacks because of this, much higher then other coins. But in contrast to other coins it withstood the attacks. I believe the experience with these ASICs on the network will enable the Devs to create the most secure blockchain ever.

Why would bitmain reveal that they had been running these asics for a year? Why did the monero network behave normal? The mapping of the network was distributed which makes me wonder how bitmain managed that for a year. No leaks either huh. Maybe they just said they used them for a year because they wanted to reassure anyone willing to buy their product.

Centralize a coin to have the most secure blockchain, turn your back on your base and network supporters... but preach decentralization with a 10% premine. That makes sense. Most projects don't have to do that though which is weird. Asic miners are going to mine Dero until Atlantis, then dump it. Dero is getting smart contracts until Q3 and won't have partnerships until Q4... who is going to pay attention to this coin? Also, they have to go against Wanchain and another gem currently being built. Clean projects with serious backers and dedicated early investors. If you pay attention to the network of sidechains being created on ethereum... the ecosystem that will be accomplished before Dero even seeks out partners or finishes their code for smart contracts... They have 3 developers holding 10% premine. Three developers! THREE. You can say... yea and CapDero wrote a blockchain from the ground up... but that is not what really happened. They forked off monero and translated it to Golang changing a few things. That is the same thing as having a beautiful blueprint and translating it and adding a few things... If this project picks up again, it's going to be a long long time before it picks up. At the rate crypto moves, Dero is far behind. Without it's early supporters to promote it Dero is good as dead, most of us dumped the coin when it hit 3.5 USD, its only a matter of time before it goes back to 30 cents. This is what drives the market, if you think its something else, good luck in the crypto  world.

Didn't you say that you already sold all of your dero and moved on? You're doing a whole lot of hanging around for somebody that has moved on. Also, for someone that has been around since "day one" you don't seem familiar. If you have no dog in the fight, then you have no reason to be here trying to make others second guess the project.

So, I'll just go ahead and say it. You are trolling and spreading FUD. I will not respond to anything else you say so, don't waste your time if you are looking for a rise out of me. You obviously have a motive that you are not being transparent about.

DERO - Secure. Private. Smart Contracts.
tf2addict
Full Member
***
Offline Offline

Activity: 677
Merit: 100


View Profile
May 16, 2018, 11:40:29 PM
 #3015

I like the simple Cli wallet, gives me a feel of being more in control. I will take that over the new Monero GUI anyday.

Good grief.  Guess you aren't aware that Monero has a CLI wallet also.
tf2addict
Full Member
***
Offline Offline

Activity: 677
Merit: 100


View Profile
May 16, 2018, 11:41:31 PM
 #3016


You know decent projects have GUI wallets right away. Most developers are able to make them in a couple days. I never understood why Dero wanted to wait until Q2. Six months after starting the project. Maybe they are making a wallet that will blow our minds, maybe they wanted to wait until Atlantis, but who knows. Six months is a long time.

Have you tried the command line wallet for Dero?  It is a big improvement on the regular CN CLI wallets.  Significantly more user-friendly, with a menu system, and useful functions (such as transferring entire wallet balance with automatic fee calculation instead of endless fiddling with the amount).

Isn't that what the sweep all command is for?
krypt0id
Jr. Member
*
Offline Offline

Activity: 148
Merit: 2


View Profile
May 17, 2018, 12:09:35 AM
 #3017

I like the simple Cli wallet, gives me a feel of being more in control. I will take that over the new Monero GUI anyday.

Good grief.  Guess you aren't aware that Monero has a CLI wallet also.

He said "NEW" and GUI, so I imagine he does know that.

DERO - Secure. Private. Smart Contracts.
krypt0id
Jr. Member
*
Offline Offline

Activity: 148
Merit: 2


View Profile
May 17, 2018, 12:10:14 AM
 #3018


You know decent projects have GUI wallets right away. Most developers are able to make them in a couple days. I never understood why Dero wanted to wait until Q2. Six months after starting the project. Maybe they are making a wallet that will blow our minds, maybe they wanted to wait until Atlantis, but who knows. Six months is a long time.

Have you tried the command line wallet for Dero?  It is a big improvement on the regular CN CLI wallets.  Significantly more user-friendly, with a menu system, and useful functions (such as transferring entire wallet balance with automatic fee calculation instead of endless fiddling with the amount).

Isn't that what the sweep all command is for?

Why yes, it is. Good catch. What would we do without you?

DERO - Secure. Private. Smart Contracts.
--Serena--
Member
**
Offline Offline

Activity: 224
Merit: 11


View Profile
May 17, 2018, 12:52:36 AM
 #3019


Isn't that what the sweep all command is for?

Perhaps this helps illustrate why we need to reduce as many barriers as possible by simplifying the user experience while maintaining all of the functionality.
minkhu
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
May 17, 2018, 02:03:33 AM
 #3020

Hello Dero community! Seem like Dero has more and more strong debate cause it has gained more and more attention. I have couple of precious Deros so it's fun to see where it's going. Don't be stressful, let's be chill and take a look at the price prediction of Deros: http://www.coinliker.com/forecast/dero-4M4V-prediction

Watching the site's prediction is just for fun, their Forecast algorithm applied to some coins is somewhat nonsense  Grin, but strangely I my self don't think it's unreasonable for Dero to reach those prices. Keep up the good work Devs!
Pages: « 1 ... 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 [151] 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 ... 221 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!