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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 119647 times)
Dr_Voidberg
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May 23, 2018, 09:57:19 AM
 #3101

Will there be articles on big cryptosites once Dero Atlantis is put? The word needs to be spread
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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CaptDero
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May 24, 2018, 04:23:54 AM
 #3102

Will there be articles on big cryptosites once Dero Atlantis is put? The word needs to be spread

Yeah, Definitely when we will have some real tech worth of showcase after Atlantis. You will find DERO most of the places.
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May 24, 2018, 06:01:57 AM
 #3103

Will there be articles on big cryptosites once Dero Atlantis is put? The word needs to be spread

Enjoy the time when DERO is still under the radar, grab some coins and enjoy the ride

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DeepOnion
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thin
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May 24, 2018, 06:25:40 AM
 #3104

Will there be articles on big cryptosites once Dero Atlantis is put? The word needs to be spread

Enjoy the time when DERO is still under the radar, grab some coins and enjoy the ride

 I would love to mine some coins, but in the current conditions mining on GPU is not profitable
thePelican
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May 24, 2018, 09:07:57 AM
 #3105

Is DERO ASIC resistant?
danktron
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May 24, 2018, 03:31:16 PM
 #3106

Is DERO ASIC resistant?

It will be with the Atlantis release in a few weeks. 
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May 24, 2018, 07:50:06 PM
 #3107

Is DERO ASIC resistant?

not at the moment. and that's why GPU mining is not profitable
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May 24, 2018, 08:06:22 PM
 #3108

Is DERO ASIC resistant?
It will be with the Atlantis release in a few weeks. 
I doubt it. The devs avoid to confirm that. If you ask the devs, they will say something like "we are working on the most robust, secure, energy efficient and decentralized blockchain". Note, that ASICs are the most energy efficient devices ever.
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May 24, 2018, 08:50:06 PM
 #3109

Is DERO ASIC resistant?
It will be with the Atlantis release in a few weeks.  
I doubt it. The devs avoid to confirm that. If you ask the devs, they will say something like "we are working on the most robust, secure, energy efficient and decentralized blockchain". Note, that ASICs are the most energy efficient devices ever.

We have confirmed that we are using a new algorithm that isn't ASIC friendly. This is what we have said we would do, and it will be released with Atlantis.

Yes, what is generally referred to as ASIC technology is advancing, and perhaps it's inevitable that mining/network security heads in this direction for a number of reasons. For now though, we are moving to a brand new algo and it takes quite a while to develop an ASIC for any algo.
Inlite
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May 24, 2018, 09:55:49 PM
Last edit: May 24, 2018, 10:06:01 PM by Inlite
 #3110

Is DERO ASIC resistant?
It will be with the Atlantis release in a few weeks.  
I doubt it. The devs avoid to confirm that. If you ask the devs, they will say something like "we are working on the most robust, secure, energy efficient and decentralized blockchain". Note, that ASICs are the most energy efficient devices ever.

We have confirmed that we are using a new algorithm that isn't ASIC friendly. This is what we have said we would do, and it will be released with Atlantis.

Yes, what is generally referred to as ASIC technology is advancing, and perhaps it's inevitable that mining/network security heads in this direction for a number of reasons. For now though, we are moving to a brand new algo and it takes quite a while to develop an ASIC for any algo.
So, you confirm that the change of algo will happen not because you would like to fight ASICs, but because you are creating the most robust, secure, energy efficient and decentralized blockchain. Later on the BitMain is welcome to develop a new ASIC for Dero because it's inevitable. “The emergence of specialized mining machine for a cryptocurrency is normal market economy phenomenon.[…] If there are professional mining machines, the events like ‘Monero was attacked by more than 500,000 botnets’ could be avoided,” referring to botnets that have been used to mine Monero.” - said some Monero [Monero-Classic] enthusiasts from Singapore.
gfox72
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May 24, 2018, 10:00:17 PM
 #3111

I'm fairly new to mining etc so can someone explain to me:

- why do GPU enthousiast always complain they would love to mine coins but can't because of asics, if the aim is to get hold of some coins, why spend money on a rack of GPU's and mine for months in a row instead of just buying loads of coins for the same amount of money ? is it really all about the joy of mining with a GPU, as in a hobby-thing ?
- why are asics considered a risk for centralisation, if a GPU only pool would have the majority of hashrate, isn't that just the same risk for centralization ?
MagicSmoker
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May 24, 2018, 10:26:39 PM
 #3112

So, you confirm that the change of algo will happen not because you would like to fight ASICs, but because you are creating the most robust, secure, energy efficient and decentralized blockchain. Later on the BitMain is welcome to develop a new ASIC for Dero because it's inevitable. “The emergence of specialized mining machine for a cryptocurrency is normal market economy phenomenon.[…] If there are professional mining machines, the events like ‘Monero was attacked by more than 500,000 botnets’ could be avoided,” referring to botnets that have been used to mine Monero.” - said some Monero [Monero-Classic] enthusiasts from Singapore.

Wow, that is some seriously f'ed up (il)logic - botnets mining Monero weren't the fault of a lack of ASICs, it was from lax/nonexistent network security procedures at server farms and such. After all, it practically takes root level access for a mining program to work, so a bunch of sysadmins were asleep at the switch... literally.

As I have stated many times before, the problem with ASICs isn't the hardware, it's the behavior of the companies that make them (ALL of the companies; not just Bitmain). The most egregious is stealth mining with their ASICs before selling them to the public because they've developed faster versions or else have been found out (as was the case with the Cryptonight ASICS). How else could 3 different companies announce Cryptonight ASICs for sale within days of each other?  Roll Eyes

The DERO dev(s) haven't always been terribly verbose with their posts, but they have more or less delivered on every goal so far - and then some - so I am inclined to continue giving them the benefit of the doubt. In contrast, you seem to have a bit of a chip on your shoulder for some reason.
MagicSmoker
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May 24, 2018, 10:44:13 PM
 #3113

I'm fairly new to mining etc so can someone explain to me:

- why do GPU enthousiast always complain they would love to mine coins but can't because of asics, if the aim is to get hold of some coins, why spend money on a rack of GPU's and mine for months in a row instead of just buying loads of coins for the same amount of money ? is it really all about the joy of mining with a GPU, as in a hobby-thing ?
- why are asics considered a risk for centralisation, if a GPU only pool would have the majority of hashrate, isn't that just the same risk for centralization ?

1. ASICs are single-purpose computing devices while GPUs/CPUs are general purpose computing devices; when ASICs are developed for an algo they tend to deliver orders of magnitude greater hashrate, instantly rendering GPUs/CPUs obsolete.

Furthermore, most coins employ a difficulty adjustment algorithm of some sort that makes it harder to earn each coin as network (total) hashrate goes up; this implicitly assumes that the price of the coin has gone up a similar amount, however; when ASICs show up they result in a rapid increase the network hashrate - often by 100x or more - but the coin is still at the same point in its development path; ergo, difficulty goes up a huge amount while price changes relatively little. In DERO's case the coin price actually went up by ~10x - which, frankly, surprised the hell out of me - but network hashrate has gone up over 100x; i.e. - difficulty is 10x higher than it should be for the price of the coin.

As for whether you should mine a coin or buy it, well, that comes down to capital flexibility - when you buy a coin you can't do anything else with that money; when you buy a GPU, however, you can mine all sorts of different coins with it. In fact, it was possible to sell GPUs purchased at nearly any time in 2017 for a *profit* during the first couple of months of 2018, even if they were heavily used for mining; that pretty much never happens with ASICs, because their profitability drops from the moment they are switched on.

2. Mining pools can, indeed, lead to centralization, so you've correctly identified that issue. ASICs are a different cause of centralization in that companies like Bitmain can opt to hold back many of the ASICs they developed for an algo to continue mining coins with them. That is to say they could - and arguably should - use some fraction of their hardware to mine for themselves rather than sell to the public.

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May 25, 2018, 03:53:42 AM
 #3114

If Dero changes to ASIC, Miners will be reduced
I think that PoW is attractive as many miners gathered.

It is necessary to change the coin system according to the trend at that time.
Start from Copy of Monero, change to golang(new language), move to Dero-atlantis(new blockchain), and they are doing it in about half a year.
Because Dero is very powerful, they can do many things.
Even if the trend changes, they will make good ones.
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May 25, 2018, 06:21:54 AM
 #3115

So it's come to my attention that people feel we've missed our schedule or pushed it back for Atlantis.
 
We are still on track to launch on day #45
 
The monthly update #2 came 30 days after the first one and said 15 days 🙂
 
No worries, nothing has changed!
 
https://twitter.com/Serena_fox_dero/status/999896067813462016
tf2addict
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May 25, 2018, 10:30:43 AM
 #3116

So it's come to my attention that people feel we've missed our schedule or pushed it back for Atlantis.
 
We are still on track to launch on day #45
 
The monthly update #2 came 30 days after the first one and said 15 days 🙂
 
No worries, nothing has changed!
 
https://twitter.com/Serena_fox_dero/status/999896067813462016

What date is "day 45"?  If you count April 20+45 days that would be about June 5th.  So you're committing to that now?  And for the full release, not some kind of alpha.
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May 25, 2018, 11:31:27 AM
 #3117


What date is "day 45"?  If you count April 20+45 days that would be about June 5th.  So you're committing to that now?  And for the full release, not some kind of alpha.

A little skepticism is always prudent in crypto, but you seem to be taking this awfully personally. What are you going to do if DERO does a beta release on June 10th? Point on the sexual molestation doll where DERO hurt you?  Roll Eyes

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May 25, 2018, 01:52:15 PM
 #3118

Sorry for a noob question

Can anyone assist? I sent 301 Dero to my Father.

I sent them from my stocks exchange wallet to his stocks exchange wallet

processed fine, however they never showed in his wallet and still don't show

Stocks are useless at best with their responses.

I can see the transaction ID

http://explorer.dero.io/tx/dca80992d22b1c5efb76a4651710df3fbac190d18be40812916855909e57f378
danktron
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May 25, 2018, 03:18:05 PM
 #3119


What date is "day 45"?  If you count April 20+45 days that would be about June 5th.  So you're committing to that now?  And for the full release, not some kind of alpha.

A little skepticism is always prudent in crypto, but you seem to be taking this awfully personally. What are you going to do if DERO does a beta release on June 10th? Point on the sexual molestation doll where DERO hurt you?  Roll Eyes



lol
tf2addict
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May 25, 2018, 04:56:57 PM
 #3120


What date is "day 45"?  If you count April 20+45 days that would be about June 5th.  So you're committing to that now?  And for the full release, not some kind of alpha.

A little skepticism is always prudent in crypto, but you seem to be taking this awfully personally. What are you going to do if DERO does a beta release on June 10th? Point on the sexual molestation doll where DERO hurt you?  Roll Eyes



Just trying to get some actual facts here.  Is that a problem, fanboi?

If you notice, the Dero lead has seen my question and chose not to respond.  Instead he "lol"ed your stupid comment.  Says a lot for this project.

I'll ask again:  When is the full Atlantis release going to be live (the full release, not an alpha or even a beta)?  Including posting of source code.
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