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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 83428 times)
Roels Major
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August 05, 2018, 03:46:26 PM
Last edit: August 20, 2018, 12:29:48 PM by Roels Major
 #4181

After seeing quickly a couple vids, it's what I understand so far :
It's the latest technology about Zero Knowledge Proof (a way to send a confirmation that you send receive a certain amount without showing the amount) and has another side effect : lower the transaction fees.

Beside, Zcash use a first generation of Zero Knowledge Proof called Zk-SNARKs but that require trusted hardware to works. The Bulletproofs it's the second generation and doesn't require any hardware to work properly.

Well bulletproof is not a entirely newcomer, bullet proof is a new method develop from CT. Zerocash or Zk-SNARKs or the latest development Zk-STARKs is still the strongest and complex one.

The privacy tech mechanism (or protocol) so far until 2018. You can find it here: https://www.youtube.com/watch?v=qpn9ICem5wk&feature=youtu.be


Input for Some Pioneers of the Crypto Privacy Tech. Feel free to correct this list. These are the mother and the father. We need work to define the tree of the children.

Zerocash (zk-SNARKs)    : ZCash (ZEC)
Zerocoin                       : ZCoin (XZC)
Ring, Stealth                  : Bytecoin (BCN); Monero (XMR)
CT, Schnorr          : Monero (XMR); MaxCoin (MAX)
Tumblebit                      : Stratis (STRAT)
----------------------------------------------------
Coin Shuffle                   : NXT
Obsfuscation (Other)      : Bitcoin (BTC) and DASH

--------------------------------------------------------------------------------
So what is all mean for DERO?
Dero Blockchain rewrite from the scratch in Go Lang
DAG (Third component - or structure protocol)
Privacy protocol : SSL + Bulletproof
Hashing Algo : Cryptonote
Sybil deterrence mechanism : POW
Consensus Protocol : ?

"I select a very small number of things to be sceptical about, such as markets, and on these I am hypersceptic. But I want to be fooled by randomness in art." — Nassim Nicholas Taleb
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Slimdev
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August 06, 2018, 10:29:28 AM
 #4182


Transparent Dero  pool with 24/7 support

Features:

- Mining to exchange

- Workers

- Adjustable instant payout levels

- Email and telegram notifications

- SSL
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August 07, 2018, 02:53:28 AM
 #4183

i can't download on http://seeds.dero.io  the second link for gui wallet:   dero-wallet-gui-windows.exe
it states forbidden?

any other link?

and the first link: dero-wallet-gui-linux-x86_64.appimage, do open with deamon tools?

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August 07, 2018, 04:52:27 AM
 #4184

Maybe you should try directly on the github : https://github.com/deroproject/dero_gui_wallet/releases
scott d
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August 10, 2018, 09:00:21 AM
 #4185

Hi guys. Nice pump in this days

Any news for the next step? Date of foundation? Thanks

Barkey
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August 11, 2018, 12:29:03 AM
 #4186

Do any of the Devs of Dero work full time on this project?  I hear the lead Dev Thaer over at Masari has now left his regular job to work 100 percent on Masari. What's the deal with Devs over here?
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August 11, 2018, 01:19:39 AM
 #4187

DERO GUI wallet released. https://github.com/deroproject/dero_gui_wallet

Its work in progress but fully functional. Developed from scratch,
DERO gui features:
Remote Node supported by default.
Localhost node also supported. Custom remote node not supported.
ALL communications are TLS/SSL encrypted..
All processing in GUI wallet is local: Data is fetched from remote node and processed locally.
No Keys/seed/passwords is transmitted to remote node in any case.
Even if remote node is compromised, Local wallet is safe.


I am a bit curious is the latest upgrade of DERO GUI wallet optional or mandatory?
I guess it is a optional upgrade because you did not emphasize in your thread that this one is a mandatory update.
yeyz20171031
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August 11, 2018, 01:21:09 AM
 #4188

The DERO project team is technically competent and expects greater profits to come soon. This coin is worth investor's patience in the long run

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August 11, 2018, 04:09:59 AM
 #4189

DERO GUI wallet released. https://github.com/deroproject/dero_gui_wallet

Its work in progress but fully functional. Developed from scratch,
DERO gui features:
Remote Node supported by default.
Localhost node also supported. Custom remote node not supported.
ALL communications are TLS/SSL encrypted..
All processing in GUI wallet is local: Data is fetched from remote node and processed locally.
No Keys/seed/passwords is transmitted to remote node in any case.
Even if remote node is compromised, Local wallet is safe.


I am a bit curious is the latest upgrade of DERO GUI wallet optional or mandatory?
I guess it is a optional upgrade because you did not emphasize in your thread that this one is a mandatory update.

No it is not mandatory, don't worry.  It is just a new wallet designed to be more user friendly and the start of a more user friendly way to interact with dero coin.  There is nothing new in terms of implementations of new tech in this wallet, it just is a different way to look at your coins.  So far it's just the alpha release too, so it's probably more stable to use the CLI still, but the gui is very very fast and smooth even  if the alpha version is a bit plain and ugly.
scott d
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August 11, 2018, 12:36:46 PM
 #4190

I agree. It is a long term project. Now is good time to accumulate. Price is good

The DERO project team is technically competent and expects greater profits to come soon. This coin is worth investor's patience in the long run
scott d
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August 12, 2018, 11:42:20 PM
 #4191

any news for premine, date of foundation and identity of team? thanks
sheeeitc0in
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August 13, 2018, 04:42:28 AM
 #4192

any news for premine, date of foundation and identity of team? thanks

i've been asking the same
b9ron
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August 14, 2018, 01:39:42 AM
Last edit: August 14, 2018, 01:52:51 AM by b9ron
 #4193

Premine can't be locked in certain block height since Dero switch to a BlockDAG structure.
Date of foundation and Team Reveal as far I know was delayed after Smart Contract Implementation.

In a Blockchain you can determine at which height you can lock the premine, because the consensus create only one block at time.
In a BlockDAG one or more blocks can be created a the same time, so you can't determine at which height to lock the premine.
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August 14, 2018, 10:52:59 PM
 #4194

Premine can't be locked in certain block height since Dero switch to a BlockDAG structure.
Date of foundation and Team Reveal as far I know was delayed after Smart Contract Implementation.

In a Blockchain you can determine at which height you can lock the premine, because the consensus create only one block at time.
In a BlockDAG one or more blocks can be created a the same time, so you can't determine at which height to lock the premine.

they could sell the premine != they would sell the premine.
I trust the dev team.  Wink
Coindgr
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August 15, 2018, 10:22:41 AM
 #4195

As mentioned before, the premine can't be dumped at the moment, there's not enough volume, coin should continue do develop to create a bigger ecosystem, then in the future one can worry about premine dump

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DeepOnion
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August 15, 2018, 09:28:10 PM
 #4196

As mentioned before, the premine can't be dumped at the moment, there's not enough volume, coin should continue do develop to create a bigger ecosystem, then in the future one can worry about premine dump

They just promise that the premined coins are locked within a period.
They can do anything with the premined coins once the time limit expired, either sell them little by little or dump to the bottom.
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August 17, 2018, 12:26:38 PM
 #4197

Dero has a good tech. It could be one of the most innovative coin among others.
However, since the main product isn't yet delivered, it's difficult to gain trust from wider user base especially with the premine issue is not yet solved. The development can be halted once the premine is dumped (which can happen anytime). Whoever investing now is at the mercy of the anonymous dev team.
The risk is extremely high for investor.
If the dev team decided to lock the premine (which I hope so), it will reduce the risk for investor therefore it can attract more people with stricter risk profile.

I understand the premine is wholly belong to the dev team since they are the one who started Dero and work the hardest. My suggestion is to lock the premine according to the progress of the Dero project itself. Once the whole product is out, the Dev team can dump their premine. or Save some since they should believe in Dero too.

For those expecting moon, good luck and see you on the other side of the moon.
1033ruben
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August 20, 2018, 04:46:42 PM
 #4198

YES HELLO TO ALL OF MY FELLOW CRYPTONIGHT MINER. I would just like to inform you of a brand new pool @ http://142.93.176.17/dero/ with over 30 blocks found head on over for a zero% mining fee while it lasts.
THANKS AGAIN
RUBEN
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August 24, 2018, 08:38:02 PM
 #4199

YES HELLO TO ALL OF MY FELLOW ASICS CRYPTONIGHT MINERS. I would just like to remind you of a brand new pool @ http://142.93.176.17/dero/ with just over 60 blocks found head on over for a zero% mining fee while it lasts!!!
I know it is a brand new pool but please show your support if you can.

YOURS IN ENJOYABLE MINING
RUBEN
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August 24, 2018, 08:56:07 PM
 #4200

Hey. you will hardly find DERO at these prices in a few weeks! Wink
Although I have discovered this here a short time, I can say that it's valuable.
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