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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 119648 times)
--Serena--
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May 31, 2018, 12:46:16 AM
 #3161

A title of multiple +, wonder what has happened to this coin after half year of this announcement. Pure store of value need widely consensus. Smart contract requires high transaction capacity. Does DERO have either?

Yeah, DERO has high TPS and fast blocks

I'm not exactly sure what you mean by "Pure store of value need widely consensus" ?
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abbyd
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May 31, 2018, 04:17:01 AM
 #3162

Smart contract requires high transaction capacity.

Forget about smart contracts for another year or 2. ETH is being ruined by bad smart contracts for scam ICOs.

What I see here that is very promising is SSL encryption between nodes. Hard to believe that wasn't done before, because cleartext protocol is a huge vulnerability and privacy concern. The web implemented HTTPS ten+ years ago.

Also the design choices by DERO team are solid. Go is a fast yet versatile language, Cryptonight is good algo for mining and confirming, and the command line interface is good. Open source would be nice. CLI looks like a fork of a design I've seen before but can't put my finger on exactly which one... definitiely some Bytecoin lineage.
WESTKAN2018
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May 31, 2018, 10:00:09 AM
Last edit: May 31, 2018, 10:35:12 AM by WESTKAN2018
 #3163

how do I create A Dero address wallet if I have a laptop and asic? When will the web version of the wallet? the pools do not support exchange wallets?
MagicSmoker
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May 31, 2018, 10:29:41 AM
Last edit: May 31, 2018, 02:14:10 PM by MagicSmoker
 #3164

Forget about smart contracts for another year or 2. ETH is being ruined by bad smart contracts for scam ICOs.

What I see here that is very promising is SSL encryption between nodes. Hard to believe that wasn't done before, because cleartext protocol is a huge vulnerability and privacy concern. The web implemented HTTPS ten+ years ago.

Yeah, I also think SSL encryption is the most noteworthy achievement, and it is difficult to believe it hadn't been done yet. You also make an interesting point about smart contracts being used to make scammy ICOs on ETH being it's real problem. I suspect the rapid increase in regulatory scrutiny on ICOs (at least in the US) will curb those abuses, which might make it safer for the second generation of smart contract platforms to launch*. Or it could be a total train wreck... That's crypto for you.


* - the old saw, "you can always tell the pioneers: they are the ones face down in the mud with arrows in their backs," seems to apply here.

CorePrime95
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May 31, 2018, 10:34:19 AM
 #3165

how do I create A Deko address wallet if I have a laptop and asic? When will the web version of the wallet? the pools do not support exchange wallets?

https://forum.dero.io/t/create-restore-dero-wallet-in-one-minute/110
WESTKAN2018
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May 31, 2018, 10:44:10 AM
 #3166

how do I create A Deko address wallet if I have a laptop and asic? When will the web version of the wallet? the pools do not support exchange wallets?

https://forum.dero.io/t/create-restore-dero-wallet-in-one-minute/110

olny CLI ?  Dero have  GUI WALLET?
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May 31, 2018, 11:38:09 AM
 #3167


olny CLI ?  Dero have  GUI WALLET?

No GUI wallet for DERO. It's kind of incredible that someone would buy an ASIC and not know how to set up a CLI wallet... You didn't do much research before you bought that thing, did you?

Miguelgreen
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May 31, 2018, 02:01:30 PM
 #3168

Hey people i AM new here.
I have not read the 160 Pages.
I have an rig with 6 x rx570
Does the dero Atlantis Will be anti asic?
I'm on This for long term, like i did with ether
But i still have to pay electricy Bill. Mining dero its not good for me now with the ASICS.
Thanks
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May 31, 2018, 02:19:33 PM
 #3169

...
Does the dero Atlantis Will be anti asic?
...

Unknown, but seems likely since the POW algo had to change to achieve the transaction speeds our wily ol' Cap'n is claiming. That said, I imagine it is tough to give up the apparent affirmation of >1GH/s on your network, but it really would be for the best long term. I am ready to switch my pokey little 4x RX 560 rig back to DERO as soon as the ASICs get booted off, but right now it would be supremely stupid for me to attempt to mine it (I wouldn't even earn 1 DERO per month...).

Miguelgreen
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May 31, 2018, 07:43:50 PM
 #3170

...
Does the dero Atlantis Will be anti asic?
...

Unknown, but seems likely since the POW algo had to change to achieve the transaction speeds our wily ol' Cap'n is claiming. That said, I imagine it is tough to give up the apparent affirmation of >1GH/s on your network, but it really would be for the best long term. I am ready to switch my pokey little 4x RX 560 rig back to DERO as soon as the ASICs get booted off, but right now it would be supremely stupid for me to attempt to mine it (I wouldn't even earn 1 DERO per month...).



Exactly my situation. But i love the project. At least on paper. Thanks for your Reply.
pegos
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May 31, 2018, 08:22:11 PM
 #3171

GPU miners to dev:
Dero Atlantis:

ASIC resistant?

plainly: YES/NO

Huh
krypt0id
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May 31, 2018, 08:26:25 PM
 #3172

GPU miners to dev:
Dero Atlantis:

ASIC resistant?

plainly: YES/NO

Huh

Not a dev but, it has been stated numerous times. YES, ASIC resistant.

DERO - Secure. Private. Smart Contracts.
pegos
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May 31, 2018, 09:32:25 PM
 #3173

GPU miners to dev:
Dero Atlantis:

ASIC resistant?

plainly: YES/NO

Huh

Not a dev but, it has been stated numerous times. YES, ASIC resistant.


some link where dev confirms it?
krypt0id
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May 31, 2018, 09:34:36 PM
 #3174

GPU miners to dev:
Dero Atlantis:

ASIC resistant?

plainly: YES/NO

Huh

Not a dev but, it has been stated numerous times. YES, ASIC resistant.


some link where dev confirms it?

Just read the last dozen pages, it's been asked and confirmed plenty of times.

DERO - Secure. Private. Smart Contracts.
pegos
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May 31, 2018, 10:10:40 PM
 #3175

GPU miners to dev:
Dero Atlantis:

ASIC resistant?

plainly: YES/NO

Huh

Not a dev but, it has been stated numerous times. YES, ASIC resistant.


some link where dev confirms it?

Just read the last dozen pages, it's been asked and confirmed plenty of times.


I probably overlooked, so you have a concrete link? (from dev)
krypt0id
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May 31, 2018, 10:50:17 PM
 #3176

GPU miners to dev:
Dero Atlantis:

ASIC resistant?

plainly: YES/NO

Huh

Not a dev but, it has been stated numerous times. YES, ASIC resistant.


some link where dev confirms it?

Just read the last dozen pages, it's been asked and confirmed plenty of times.


I probably overlooked, so you have a concrete link? (from dev)

If you don't trust somebody else's word than perhaps you should look for yourself next time. It doesn't take much to realize that it will have to be ASIC resistant as the PoW is changing. Since it is a new PoW, there are no ASICs built for it yet.

 I am not going to scour the ANN for you but there are official responses from the team confirming this multiple times. Here is a quote from the April Monthly update.

https://forum.dero.io/t/dero-monthly-update/446

"Specific Updates:

Source code: DERO project source code will be availiable in coming weeks.
POW: POW will be defintely changed to make it more egailtarian in DERO-Atlantis. Few algorithms have been short listed for DERO’s next POW and are under tests to handle scalabilty, verifiabilty, DoS issues etc. Right now there is no change in POW as we are already in process of migration to new blockchain next month."

Now, that statement is from April so don't get confused. What it means is that they had not changed PoW in April because they were going to release the new blockchain with Atlantis.



DERO - Secure. Private. Smart Contracts.
pegos
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June 01, 2018, 12:07:03 AM
 #3177

GPU miners to dev:
Dero Atlantis:

ASIC resistant?

plainly: YES/NO

Huh

Not a dev but, it has been stated numerous times. YES, ASIC resistant.


some link where dev confirms it?

Just read the last dozen pages, it's been asked and confirmed plenty of times.


I probably overlooked, so you have a concrete link? (from dev)

If you don't trust somebody else's word than perhaps you should look for yourself next time. It doesn't take much to realize that it will have to be ASIC resistant as the PoW is changing. Since it is a new PoW, there are no ASICs built for it yet.

 I am not going to scour the ANN for you but there are official responses from the team confirming this multiple times. Here is a quote from the April Monthly update.

https://forum.dero.io/t/dero-monthly-update/446

"Specific Updates:

Source code: DERO project source code will be availiable in coming weeks.
POW: POW will be defintely changed to make it more egailtarian in DERO-Atlantis. Few algorithms have been short listed for DERO’s next POW and are under tests to handle scalabilty, verifiabilty, DoS issues etc. Right now there is no change in POW as we are already in process of migration to new blockchain next month."

Now, that statement is from April so don't get confused. What it means is that they had not changed PoW in April because they were going to release the new blockchain with Atlantis.




so only speculation, as often from half of that thread!
I read the forum every day from page 7.
dev never clearly confirmed the resistant asic, nor did it ever appear in the roudmap.
(as with other coins I watch)
Mining Dero I started when it was possible mine a CPU 5 Dero a day.
So I wonder if the original community that Dero supported in the beginnings can will be able to return?!
danktron
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June 01, 2018, 12:10:16 AM
 #3178

so only speculation, as often from half of that thread!
I read the forum every day from page 7.
dev never clearly confirmed the resistant asic, nor did it ever appear in the roudmap.
(as with other coins I watch)
Mining Dero I started when it was possible mine a CPU 5 Dero a day.
So I wonder if the original community that Dero supported in the beginnings can will be able to return?!

https://deroproject.slack.com/archives/C8GJEC8GP/p1527724823000020
pegos
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June 01, 2018, 12:20:13 AM
 #3179

so only speculation, as often from half of that thread!
I read the forum every day from page 7.
dev never clearly confirmed the resistant asic, nor did it ever appear in the roudmap.
(as with other coins I watch)
Mining Dero I started when it was possible mine a CPU 5 Dero a day.
So I wonder if the original community that Dero supported in the beginnings can will be able to return?!

https://deroproject.slack.com/archives/C8GJEC8GP/p1527724823000020


I'm not in slack, you can copy this vital announcement here. thank you
Shrimby1
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June 01, 2018, 01:31:26 AM
 #3180

so only speculation, as often from half of that thread!
I read the forum every day from page 7.
dev never clearly confirmed the resistant asic, nor did it ever appear in the roudmap.
(as with other coins I watch)
Mining Dero I started when it was possible mine a CPU 5 Dero a day.
So I wonder if the original community that Dero supported in the beginnings can will be able to return?!

https://deroproject.slack.com/archives/C8GJEC8GP/p1527724823000020


I'm not in slack, you can copy this vital announcement here. thank you

You are full of crap about actually looking for confirmation on your own.  And I don’t believe u have been following forum since page 7 or you would already have an answer. Stop wasting the communities time.

And as for your last post, stop sounding so entitled. If it’s that important to you get on slack and look for yourself.
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