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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 80819 times)
--Serena--
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June 24, 2018, 03:43:41 AM
 #3401

The FPGA and ASIC makers have already cracked CN7 - another round of secret and hidden mining is one of the worst possible things for any PoW network
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--Serena--
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June 24, 2018, 05:42:04 AM
 #3402

The Dero development team are going to readjust the block reward schedule to reduce the number of Dero going out to early ASIC miners until FPGA and other similar devices are more commonly available/cheaper
--Serena--
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June 24, 2018, 06:24:13 AM
 #3403

The Atlantis testnet will be going up/down for the next few hours while tests are happening
Inlite
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June 24, 2018, 07:20:16 AM
 #3404

This is an update from the Dero Project team dated June.24/2018.
At this time we’ve decided that the best thing for a strong and secure network is to retain our current proof-of-work algorithm (CryptoNight).
Grin Grin Grin
They cheated us during 3 months !

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air133
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June 24, 2018, 11:54:54 AM
 #3405

I understand correctly?
Do you not change the algorithm and ASIC will continue to work on your network?
h0g0f0g0
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June 24, 2018, 12:23:02 PM
 #3406

First Sumo now Dero. Two promising coins taken over by asic moguls.
No decentralization whatsoever, it's another muppet in hands of the rich.

Over and out.
GhostPlayer
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June 24, 2018, 12:34:20 PM
Last edit: June 24, 2018, 12:58:14 PM by GhostPlayer
 #3407

 Not entirely sure about the Atlantis ANN - are you adopting cruptonight_v7 to break ASICs (and keep doing so as needed) - or not?

 Devs please clarify
h0g0f0g0
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June 24, 2018, 12:40:24 PM
 #3408

Muting me on telegram is just another sad action. I can see you following SUMOKOIN where I can smell significant partnership with companies like Bitmain.
True disappointment that you wasted half of year to rewrite the code and now you just dump it.
maxior
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June 24, 2018, 12:46:28 PM
 #3409

This is an update from the Dero Project team dated June.24/2018.
At this time we’ve decided that the best thing for a strong and secure network is to retain our current proof-of-work algorithm (CryptoNight).
Grin Grin Grin
They cheated us during 3 months !

________________$$$$
 ______________$$____$$
 ______________$$____$$
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 ______________$$____$$
 ______________$$____$$
 __________$$$$$$____$$$$$$
 ________$$____$$____$$____$$$$
 ________$$____$$____$$____$$__$$
 $$$$$$__$$____$$____$$____$$____$$
 $$____$$$$________________$$____$$
 $$______$$______________________$$
 __$$____$$______________________$$
 ___$$$__$$______________________$$
 ____$$__________________________$$
 _____$$$________________________$$
 ______$$______________________$$$
 _______$$$____________________$$
 ________$$____________________$$
 _________$$$________________$$$
 __________$$________________$$
 __________$$$$$$$$$$$$$$$$$$$$


100% Smiley I thought that would be the best coin ever,  DAMN LIARS !!!
pegos
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June 24, 2018, 04:01:34 PM
 #3410

as I said here:
what is not in the Roadmap, are just crap on the forum .....
tf2addict
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June 24, 2018, 04:02:21 PM
 #3411

What a fail of a project.  Some of use were very clearly proven correct. 
b9ron
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June 24, 2018, 04:25:56 PM
 #3412

What a fail of a project.  Some of use were very clearly proven correct.  

Well good bye, sir.

Go back to your old project that 200x times less scalable, and slow like a snail.

(If you couldn't figure out why they don't change the PoW, your are probably one of this investors who spends tons of Eth on ICOs without doing any research.)
PainKiller1986
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June 24, 2018, 07:39:04 PM
 #3413

The Dero development team are going to readjust the block reward schedule to reduce the number of Dero going out to early ASIC miners until FPGA and other similar devices are more commonly available/cheaper

You lie to us again and again.

I quite this project, very very horrible decisions about the algo.

liars
XbladedThanos
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3D-Printing goes Blockchain!


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June 24, 2018, 07:46:38 PM
 #3414

Since its cryptonote i think i will give it a shot and try see how it performs

●     erecoin.io     ●    ▐▐     3D PRINTING GOES BLOCKCHAIN    ▐▐     ━━━━━━━━━ ━━━━━━━ ━━━━ ━━ ━
GhostPlayer
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June 24, 2018, 07:48:19 PM
 #3415


 This is too bad to be true. I'm sure we all misunderstood. Surely they will use v7 and keep forking as needed, like any sane anti-ASIC project would do.
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June 24, 2018, 08:08:08 PM
 #3416

I'm sure we all misunderstood. Surely they will use v7 and keep forking as needed,
Grin Grin Grin Good joke !

The most dirty trick is that they confirmed many times, that with "Atlantis" they change the algo to be ASIC-resistant, after they asked the community to participate in new code testing, and immediately after the testing is finished, they announced that the coin will remain ASIC-oriented. So, dear community, we don't need you any more. Thanks for pushing the project and making it visible, we keep our 2000000 premined coins and we are comfortable with the future emission controlled by Chinese ASIC farms.

All this bla-bla "update from the Dero Project team dated June.24/2018" is a bullshit.
GhostPlayer
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June 24, 2018, 08:25:18 PM
Last edit: June 24, 2018, 09:11:29 PM by GhostPlayer
 #3417

I'm sure we all misunderstood. Surely they will use v7 and keep forking as needed,
Grin Grin Grin Good joke !

The most dirty trick is that they confirmed many times, that with "Atlantis" they change the algo to be ASIC-resistant, after they asked the community to participate in new code testing, and immediately after the testing is finished, they announced that the coin will remain ASIC-oriented. So, dear community, we don't need you any more. Thanks for pushing the project and making it visible, we keep our 2000000 premined coins and we are comfortable with the future emission controlled by Chinese ASIC farms.

All this bla-bla "update from the Dero Project team dated June.24/2018" is a bullshit.

 Didnt they mean they'd switch to an entirely different algo, but decided against it due to hidden mining - so sticking to cryptonight (v7?) to avoid ASICs in the long run?
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June 24, 2018, 09:09:25 PM
 #3418

Muting me on telegram is just another sad action. I can see you following SUMOKOIN where I can smell significant partnership with companies like Bitmain.
True disappointment that you wasted half of year to rewrite the code and now you just dump it.

Don't feel bad buddy.. I was one of their biggest cheerleaders and they booted me from their discord for pointing out how poorly they're handling this situation.
daniel.roman
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June 24, 2018, 10:39:18 PM
 #3419

Sorry for the long message. I write this line with a lot of respect to everyone in this community:

Pick up everything took time. However, in my personal opinion what makes a community is people, and they should work as a team, and together get the project. Listen to them and argue with them, and even vote some decisions if you want to name as a community.

I know DERO is the idea of a group of people very technical ones, and this idea attract people of all kind, programmers, investors, crypto guys and other ones.
We put our money in this, and also out time, do not get me wrong I still believe in this, but the way the things gone public I do not think you as DEV take the best approach to tell this to the community on how things will be when Atlantis is online, only in my humble opinion, but one of my biggest lessons in life are if someone tell you something, perhaps he is wrong, if two or three say the same you should listen them, for they are seeing something perhaps you don´t see.
Perhaps a lot of us imagine or even speculate with a lot of thigs with the information discus in this forum and the other ones, but I think a real problem is the lack of a real project planning in the long way, and I can say it with capital letters, but only as a constructive recommendation. (As an example, I work in energy industry and we plan for 5 years, budgets over 4.000.000.000 USD per year, and we know every penny and resource time where will go and what will happen, so our investors, clients, and workers know what are we doing so they know what they will get), so perhaps as a recommendation, the team should give us the big picture of it. The real plan not just five lines in a web page, as a road map. Take it in the most constructive way please.

So we as buyers and supporters can make real financial decisions and not only emotional and speculative ones. In my case as many of you I have invested a lot of money in mining, and buying DERO, in fact I bought 5 CPU core i7 just to start this week the CPU mining of DERO and in my country you cannot return things, and the DEVS should
understand that we as investors what some answers, and we are not only asking, but demanding to the board this answers.
To me and I see in every comment since yesterday this community expect something base on what you as team said from the beginning about everything of DERO, I do not want to enter in details, but everyone here knows but we are talking about. Do not make put the points, for I write this lines with the only purpose of improve the project and make it better, but as everyone here I am also frustrated and afraid to lose more money on this.

So please take the necessary corrections to the project so THE DERO COMMUNITY continue the support, and please stop saying things like come back when you feel comfortable, cause a lot of people will not.

Have a great team, algo, coin, blockchain technology is not all in a project, the trust and being consequently with the planning it is, you should see this as a company and plan like one, and not as a project in the secrecy and disclose all the information NOW, not later.

You are having a crisis right now, go to Bitcointalk and see what people are posting, you require a real crisis management communication process to get out of this, release the code will not be enough, the entire community expect something and you as DEV team give other things regard what you have said, and that is the problem. Please do not try to explain to an investor the security approach you have explained it to us. They and we were expecting something else, and you have all the time to do it. Please I am not attacking no one I just what to explain why everyone is on a bad mood.

Remember when the night is darker the sunrise is better.
Please fell totally free to not answer this, I just want to say that what all the people have said here is a generalize idea among the community members. And I will not enter in more discussions on this. Take my comment in the most constructive way if that helps

A big hug to all
Mojo_LB
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June 24, 2018, 10:42:26 PM
 #3420

Sorry for the long message. I write this line with a lot of respect to everyone in this community:

Pick up everything took time. However, in my personal opinion what makes a community is people, and they should work as a team, and together get the project. Listen to them and argue with them, and even vote some decisions if you want to name as a community.

I know DERO is the idea of a group of people very technical ones, and this idea attract people of all kind, programmers, investors, crypto guys and other ones.
We put our money in this, and also out time, do not get me wrong I still believe in this, but the way the things gone public I do not think you as DEV take the best approach to tell this to the community on how things will be when Atlantis is online, only in my humble opinion, but one of my biggest lessons in life are if someone tell you something, perhaps he is wrong, if two or three say the same you should listen them, for they are seeing something perhaps you don´t see.
Perhaps a lot of us imagine or even speculate with a lot of thigs with the information discus in this forum and the other ones, but I think a real problem is the lack of a real project planning in the long way, and I can say it with capital letters, but only as a constructive recommendation. (As an example, I work in energy industry and we plan for 5 years, budgets over 4.000.000.000 USD per year, and we know every penny and resource time where will go and what will happen, so our investors, clients, and workers know what are we doing so they know what they will get), so perhaps as a recommendation, the team should give us the big picture of it. The real plan not just five lines in a web page, as a road map. Take it in the most constructive way please.

So we as buyers and supporters can make real financial decisions and not only emotional and speculative ones. In my case as many of you I have invested a lot of money in mining, and buying DERO, in fact I bought 5 CPU core i7 just to start this week the CPU mining of DERO and in my country you cannot return things, and the DEVS should
understand that we as investors what some answers, and we are not only asking, but demanding to the board this answers.
To me and I see in every comment since yesterday this community expect something base on what you as team said from the beginning about everything of DERO, I do not want to enter in details, but everyone here knows but we are talking about. Do not make put the points, for I write this lines with the only purpose of improve the project and make it better, but as everyone here I am also frustrated and afraid to lose more money on this.

So please take the necessary corrections to the project so THE DERO COMMUNITY continue the support, and please stop saying things like come back when you feel comfortable, cause a lot of people will not.

Have a great team, algo, coin, blockchain technology is not all in a project, the trust and being consequently with the planning it is, you should see this as a company and plan like one, and not as a project in the secrecy and disclose all the information NOW, not later.

You are having a crisis right now, go to Bitcointalk and see what people are posting, you require a real crisis management communication process to get out of this, release the code will not be enough, the entire community expect something and you as DEV team give other things regard what you have said, and that is the problem. Please do not try to explain to an investor the security approach you have explained it to us. They and we were expecting something else, and you have all the time to do it. Please I am not attacking no one I just what to explain why everyone is on a bad mood.

Remember when the night is darker the sunrise is better.
Please fell totally free to not answer this, I just want to say that what all the people have said here is a generalize idea among the community members. And I will not enter in more discussions on this. Take my comment in the most constructive way if that helps

A big hug to all


Hi Daniel, thank you very much for your detailed and thoroughly thought constructive criticism, it means a lot to us that you took your time to write it down and express how you feel in such a civilized manner. We take every single word you wrote to heart.

If I may, I want to comment on some points you mentioned.
Regarding decision sharing procedure, we didn't have a final decision till the moment we announced, however I do agree with you that probably sharing our thought process mid way may have softened things up. We have all the respect to the community and we appreciate every bit of support everyone showed throughout our journey.

Regarding planning, I get what you are talking about. I don't want to give out information about myself earlier than I should  Smiley , but let's just say I know macro-management and planning. The thing is with Crypto, and specifically with how things has been progressing the past year, especially that it became much more profitable for bad actors than Satoshi Nakamoto Imagined in the Bitcoin Whitepaper, required that a lot of our plans be altered severely. Atlantis was planned for Q1 2019 but was moved to Q2 2018 for those specific reasons, first Security, then to support Smart Contracts (and other features) that would be workable in an adoptable matter in the scene that  recently exploded.  What I'm trying to say is, we have very good planning, but the rapidly changing nature of the crypto ecosystem is causing some stuff to be shifted around

Regarding financial decisions on your part, we have made it very clear that "nothing is set in stone until details are officially announced", I'm sorry you found yourself in this position, even before we decided on cryptonight algorithm, we told people that we will reach out to GPU mining software devs to make sure GPU miners for our new algo get out as soon as possible

Thank you again for taking your time to write down your constructive criticism, and we will keep every word from it in mind while making future decisions  Smiley
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