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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 83911 times)
mroctopus
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July 19, 2018, 05:22:51 AM
 #3921

dero is slowly recovering. keep up the good work  Grin
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Mojo_LB
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July 19, 2018, 08:54:45 AM
 #3922

P.S: Since captain banned me from discord, and some of you had some Dero left in TipBot, please reach out to me on my Electromine Discord so I can send you your precious Dero

Please read before making baseless accusations, I also announced on Electromine discord




Edit: If you are used to hanging out with thieves, don't assume everyone is

Edit 2: Yes, it's working on Atlantis, but you will have to create your own wallet and start anew
Edwinc08
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July 19, 2018, 09:41:46 AM
 #3923

Just change the algo... FPGA's have been around for a long time..., weird how the dero network was decentralized until asics. Also I have 100+ Mpbs… Not too long ago the Captain said he had the code to create an algo that will switch to over 100 different algos… Either he lied or wants asic centralization.

There is no such algo really anti-asic,GPU and CPU are ASICs too. As long as there is profit,ASIC will come.
If you understand this tech truth,you should not persist to something called anti-asic.Besides dero,many coin even hardfork twice and back to ASIC friendly POW,take ETN and sumokoin for reference.While Dero just stayed at cryptonight and avoid one more hardfork.

The most dangerous thing for centralized mining is 51% attack,while Dero is immune from  51% attack,so even stay at CryptoNight won't impact the network security.


How is Dero immune to a 51% attack? Please explain to me, I don't understand how Dero is immune to this.

Dero is based on BlockDAG paradigm where the satoshi consensus has been modified : The longest chain isn't the rule anymore, so you can't have such thing like 51% attack.

More detail : https://blog.daglabs.com/an-introduction-to-the-blockdag-paradigm-50027f44facb

You need asics for this?

Are you trolling ?  Huh

BlockChain, BlockDAG  Roll Eyes

No...  I am asking because the captain claimed the reason he went with asics was to prevent 51% attacks... So please explain.
Edwinc08
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July 19, 2018, 09:47:27 AM
 #3924

Wew lads.  What a shitshow.  While I'll give serena and mojo credit for being the absolutely worst "community managers" ever since mojo banned me twice for absolutely no reason whatsoever.  The fact that mojo is a petulant child and cannot take any criticism also reflects poorly on captain dumbass's judgement and reasoning skills.  That's right mojo :middle_finger:  Enjoy being poor.  And serena, well now here's someone who has ZERO understanding of any blockchain technology.  And her sudden apology tour was 100% lulz when she knew her days were numbered.  I didn't buy her BS for a second.  Both of you, please, leave crypto.  You're both pathetic and should be working at McDonalds.

Then we have kryptoid (aka MrPoopyButthole) known serial scammer.  Captain dumbass once again does a bang up job picking his community managers.  Another idiot herding the bagholding sheep.  But maybe he's involved now because there is something more nefarious going on.

Everyone wonders why the code hasn't been released.  Also the idiots who think having the view key shows the premine is intact.  You believers are the highest order of idiot and should immediately well, nevermind.  I've never had dero, and honestly never will.  Dont' really care if it moons or goes to zero.  I do however feel bad when innocent people lose their funds or get dumped on by shady devs.  I don't really care about the people blowing their horn about how much they love this project, or will hold forever, those people cannot be expected to ever have an independent coherent thought.  Still no code released.  Just binaries.  Sure people, trust these "anonymous" devs.  They would never put anything malicious in the binaries, or they're not running on a central database somewhere to hold up their shoddy network.  And speaking of anonymous dev, captain dipshit isn't so anonymous.  I decided to dox him for the lulz and was actually amazed that he's been able to keep up the facade for as long as he has so far.  Take this as fud or curse my words, but this guy has dumped bags on people before and he will do it again.  I'll give him two days to come clean, or dump what's left of his premine before I out him.  The rest of you can DYOR but I assure you that rats will be jumping from the sinking ship.

Please out him now if you feel bad for innocent people losing their funds.
MagicSmoker
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July 19, 2018, 10:15:25 AM
 #3925

Are you trolling ?  Huh

BlockChain, BlockDAG  Roll Eyes

No...  I am asking because the captain claimed the reason he went with asics was to prevent 51% attacks... So please explain.

No, the reason given for sticking with ASIC'ed CryptoNight was to prevent hidden mining via private FPGAs or the like. The DAG implementation in DERO is supposed to prevent double-spend, timewarp and 51% attacks, IIUC.

sls
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July 19, 2018, 11:10:47 AM
 #3926

Premine
Unlocked balance : 4000445.057107091918
Total balance    : 4000445.057107091918

TOTAL SUPPLY 3 063 927


 Huh Huh Huh Huh Huh Huh
yss105
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July 19, 2018, 11:52:52 AM
Last edit: November 07, 2018, 05:06:27 AM by yss105
Merited by MagicSmoker (1)
 #3927

Fact #1: Many of cryptonote anti-ASIC coins are actually immune to 51% attack.
Fact#2: Most of the 51% attack were triggered only after the ASIC is widely available. Most attacks were triggered by ASIC devices.
Fact#3: Customizing CN algo is way easier than modifying ASIC. Therefore it is easy to stay ASIC resistant for CN based coin.
lifetyper
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July 19, 2018, 12:00:56 PM
 #3928

Premine
Unlocked balance : 4000445.057107091918
Total balance    : 4000445.057107091918

TOTAL SUPPLY 3 063 927


 Huh Huh Huh Huh Huh Huh
viewkey wallet only count for income, captain send all premine back to the same address to prove the premine is intact, which makes it looks like 4m while it's actually 2m.
total supply doesn't include premine.
lifetyper
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July 19, 2018, 12:23:55 PM
 #3929

you uesd to run a discord dero tip bot, and some community members deposit dero to that bot.
Now the bot is taken offline by you, what about return the fund to members?
maomao
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July 19, 2018, 12:30:13 PM
 #3930

some ppl is looking for u mojo.... what did u do?





quarkchain.io
Mojo_LB
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July 19, 2018, 12:39:07 PM
 #3931

you uesd to run a discord dero tip bot, and some community members deposit dero to that bot.
Now the bot is taken offline by you, what about return the fund to members?

I already posted several times... don't you ever read?

P.S: Since captain banned me from discord, and some of you had some Dero left in TipBot, please reach out to me on my Electromine Discord so I can send you your precious Dero

Please read before making baseless accusations, I also announced on Electromine discord




Edit: If you are used to hanging out with thieves, don't assume everyone is

Edit 2: Yes, it's working on Atlantis, but you will have to create your own wallet and start anew
0x000090
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July 19, 2018, 01:19:07 PM
 #3932

viewkey wallet only count for income, captain send all premine back to the same address to prove the premine is intact, which makes it looks like 4m while it's actually 2m.
total supply doesn't include premine.

Until you stop calling this proof, I am going to post saying that it is not.

Why would captain use a view wallet?

Not that it would prove anything if he used a full wallet either, since a screenshot can be faked, or 2m new dero minted from thin air by the closed-source software.

But it is nevertheless laughable that he did use a view wallet.

And the first ANN post still lies about the premine being locked.
sls
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July 19, 2018, 01:56:23 PM
 #3933

But we can't see when premine deposite to market
0x000090
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July 19, 2018, 02:18:10 PM
 #3934

But we can't see when premine deposite to market

I do not claim the premine has been dumped; it could have been, over a long period of time, but that would be speculation. What I am saying is that it was never locked as stated in this ANN thread, and that posting screenshots about it is proof of nothing. It is only by faith that people believe it to be intact.
grim_jack
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July 19, 2018, 02:34:56 PM
 #3935

I think people are not seeing another big issue with an unlocked premine of this size, and it's simple market manipulation.

Dero reached a rather sizable ATH back in January before the market took a dump. A premine of this size would allow for massive sell opportunities, only to buy in again at the bottom. The same can be said as of now, with Dero at 30% of the price it was a month or two ago.

These "untouched" premine totals can be completely fabricated, since the dev can play with this stack on the market, force a massive dump, then buy back enough dero with a 70% discount to keep the same amount of premine, except with rather substantial gains made along the way.
0x000090
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July 19, 2018, 02:45:43 PM
 #3936

I think people are not seeing another big issue with an unlocked premine of this size, and it's simple market manipulation.

Dero reached a rather sizable ATH back in January before the market took a dump. A premine of this size would allow for massive sell opportunities, only to buy in again at the bottom. The same can be said as of now, with Dero at 30% of the price it was a month or two ago.

These "untouched" premine totals can be completely fabricated, since the dev can play with this stack on the market, force a massive dump, then buy back enough dero with a 70% discount to keep the same amount of premine, except with rather substantial gains made along the way.

I do not disagree, but there is also a more subtle and insidious effect that a sizeable premine cannot help but have: it centralizes control of the network under the premine holder, for as long as it exists.

The community puts their money into a project, so what happens if/when the original developer goes off the rails? If the source is open, the community can wrest control of the network by forking. However, say that 20% of existing coins are currently held in premine; in this case, the community cannot take over without massively rewarding the very developer from whom they wish to take control, while at the same time, taking a hit (in terms of value) themselves.

As such, projects which have sizeable premines, and/or closed code, can hardly be called decentralized.
Mojo_LB
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July 19, 2018, 02:47:45 PM
 #3937

I think people are not seeing another big issue with an unlocked premine of this size, and it's simple market manipulation.

Dero reached a rather sizable ATH back in January before the market took a dump. A premine of this size would allow for massive sell opportunities, only to buy in again at the bottom. The same can be said as of now, with Dero at 30% of the price it was a month or two ago.

These "untouched" premine totals can be completely fabricated, since the dev can play with this stack on the market, force a massive dump, then buy back enough dero with a 70% discount to keep the same amount of premine, except with rather substantial gains made along the way.

Makes perfect sense.. Let's ask capt to move all premine to another wallet, and provide the full keys to the current wallet, so we can see if the premine was spent anytime other than when he sent it to the same wallet to prove it's all there

Full Premine intact as of 12 JULY 2018.



@CaptDero We want the Tx_key for the transaction to the same wallet you claim it is the original premine

Edit:

The Tx at height 72 is change Tx from a sent transaction, so we know 100% that that wallet already sent funds out before, fund containing more than one input



Anybody care to explain?

jopari
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July 19, 2018, 04:39:36 PM
Last edit: July 19, 2018, 04:52:03 PM by jopari
 #3938

The early transactions there (before topo 260928) amount to ~2000238 DERO, 2m of which are the premine, the inputs from 2 to 7 are mining rewards, and 2c47.. at 72 seems to be the transfer of a mining reward from another wallet. With the 18 that you call "change", that amounts to around 2000238 DERO. At topo 260928, ~2000206 DERO are received. This means we need to account for 32 DERO. Capt has previously said that 26 DERO were spent for "exchange testings" [1], which means only 6 DERO (0.0003% of the balance at height 72) are presently unaccounted for. Because I only have that data and the encrypted blockchain to go on, I think such a tiny discrepancy should be permissible.

And it's important to note that, assuming that those 26 DERO were indeed spent from the premine wallet, *because that wallet also received mining rewards, none of the 'actual' premine seems to have been spent*. But DERO is fungible, so who cares either way? The whole point of fungibility is that coin units are indistinguishable.

[1] https://old.reddit.com/r/DeroProject/comments/8xy0ht/dero_ama_with_lead_developer_july_2018/e2d1ner/

Please stop this mud-slinging.
krypt0id
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July 19, 2018, 04:58:43 PM
 #3939

Wew lads.  What a shitshow.  While I'll give serena and mojo credit for being the absolutely worst "community managers" ever since mojo banned me twice for absolutely no reason whatsoever.  The fact that mojo is a petulant child and cannot take any criticism also reflects poorly on captain dumbass's judgement and reasoning skills.  That's right mojo :middle_finger:  Enjoy being poor.  And serena, well now here's someone who has ZERO understanding of any blockchain technology.  And her sudden apology tour was 100% lulz when she knew her days were numbered.  I didn't buy her BS for a second.  Both of you, please, leave crypto.  You're both pathetic and should be working at McDonalds.

Then we have kryptoid (aka MrPoopyButthole) known serial scammer.  Captain dumbass once again does a bang up job picking his community managers.  Another idiot herding the bagholding sheep.  But maybe he's involved now because there is something more nefarious going on.

Everyone wonders why the code hasn't been released.  Also the idiots who think having the view key shows the premine is intact.  You believers are the highest order of idiot and should immediately well, nevermind.  I've never had dero, and honestly never will.  Dont' really care if it moons or goes to zero.  I do however feel bad when innocent people lose their funds or get dumped on by shady devs.  I don't really care about the people blowing their horn about how much they love this project, or will hold forever, those people cannot be expected to ever have an independent coherent thought.  Still no code released.  Just binaries.  Sure people, trust these "anonymous" devs.  They would never put anything malicious in the binaries, or they're not running on a central database somewhere to hold up their shoddy network.  And speaking of anonymous dev, captain dipshit isn't so anonymous.  I decided to dox him for the lulz and was actually amazed that he's been able to keep up the facade for as long as he has so far.  Take this as fud or curse my words, but this guy has dumped bags on people before and he will do it again.  I'll give him two days to come clean, or dump what's left of his premine before I out him.  The rest of you can DYOR but I assure you that rats will be jumping from the sinking ship.

1) I'm not a CM. I'm a volunteer mod, I've made this clear.

2) Care to provide any proof (or even allegations from others) that I am a scammer? Let alone a "known serial scammer"?

Cute.

DERO - Secure. Private. Smart Contracts.
DeroHodler
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July 19, 2018, 05:02:58 PM
 #3940

If you count all the transactions received up until block height 72, it perfectly matches the balance available in the screenshot posted July 3rd.

https://i.imgur.com/7XSLwgB.png

It's also likely that Cap sent himself a flat 2,000,200 coins instead of the entire wallet balance.

Here are the likely inputs:

2000000+31.369672915858+31.369613082955+31.369553250166+31.369493417492+31.369433584932+31.369373752485+18.734686079847

What you're left with (after fee?) is approximately the 6.83996 change


There doesn't appear to be any conspiracy here, Sorry Mojo
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