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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 72404 times)
MagicSmoker
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September 10, 2018, 07:35:39 PM
 #4221

...
  • Are bullet proofs only a faster way to do ring signatures (which is amazing!) or is there something else additionally?
  • Impressed with your DAG implementation to eliminate forking and speed up block times.  Why is it still 2 minutes until tx finality if you've eliminated soft forking?
  • How do you resolve conflicting txs in the DAG?  What rule do you use?  Do you put a total order on the blocks and take the first tx? I gues that would not work.  Or do you simply revoke any tx that has a double spend, in which case that would explain why there's no finality for 2 minutes?
  • How many uncles are allowed and for how long can another block be added?
  • Does Dero have RingCT?
  • Do you have plans for a POS of BTF consensus or will it always be POW?


Excellent work again and thanks for answering any of these questions.

Good questions which I have forwarded on to the main dev and he says he'll try to respond by tomorrow. In the meantime, I can give a more layman-level explanation for some of them.

* Bulletproofs are an alternative form of zero-knowledge proof that doesn't require establishing a trusted node setup ahead of time, but which take more time/computational effort to perform. They also will make it possible to implement private smart contracts.

* The confirmation time is somewhat arbitrary and could be shortened in the future.

* Resolving conflicting TXs in the DAG - that's definitely one for CaptDero!

* Yep, Dero has RingCT

* No plans to add staking at this time, but a change to a hybrid PoS/PoW system has been tossed around to facilitate smart contracts.

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xibeijan
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September 10, 2018, 08:57:37 PM
 #4222

...
  • Are bullet proofs only a faster way to do ring signatures (which is amazing!) or is there something else additionally?
  • Impressed with your DAG implementation to eliminate forking and speed up block times.  Why is it still 2 minutes until tx finality if you've eliminated soft forking?
  • How do you resolve conflicting txs in the DAG?  What rule do you use?  Do you put a total order on the blocks and take the first tx? I gues that would not work.  Or do you simply revoke any tx that has a double spend, in which case that would explain why there's no finality for 2 minutes?
  • How many uncles are allowed and for how long can another block be added?
  • Does Dero have RingCT?
  • Do you have plans for a POS of BTF consensus or will it always be POW?


Excellent work again and thanks for answering any of these questions.

Good questions which I have forwarded on to the main dev and he says he'll try to respond by tomorrow. In the meantime, I can give a more layman-level explanation for some of them.

* Bulletproofs are an alternative form of zero-knowledge proof that doesn't require establishing a trusted node setup ahead of time, but which take more time/computational effort to perform. They also will make it possible to implement private smart contracts.


Thanks for your excellent reply.  This one point sounds like a big advance because it's a trustless setup.

Notable projects: Bitcoin, Ethereum, Semux, Dero,Wagerr, Elastic, TenX, Ardor, Quantum, Sia Storage
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September 11, 2018, 12:59:45 PM
 #4223

...
  • Are bullet proofs only a faster way to do ring signatures (which is amazing!) or is there something else additionally?
  • Impressed with your DAG implementation to eliminate forking and speed up block times.  Why is it still 2 minutes until tx finality if you've eliminated soft forking?
  • How do you resolve conflicting txs in the DAG?  What rule do you use?  Do you put a total order on the blocks and take the first tx? I gues that would not work.  Or do you simply revoke any tx that has a double spend, in which case that would explain why there's no finality for 2 minutes?
  • How many uncles are allowed and for how long can another block be added?
  • Does Dero have RingCT?
  • Do you have plans for a POS of BTF consensus or will it always be POW?


Excellent work again and thanks for answering any of these questions.



Good questions which I have forwarded on to the main dev and he says he'll try to respond by tomorrow. In the meantime, I can give a more layman-level explanation for some of them.

* Bulletproofs are an alternative form of zero-knowledge proof that doesn't require establishing a trusted node setup ahead of time, but which take more time/computational effort to perform. They also will make it possible to implement private smart contracts.


Thanks for your excellent reply.  This one point sounds like a big advance because it's a trustless setup.

Ans 1: Already answered by @MagicSmoker.
Ans 2: Dero DAG like other chains requires block propgation time to propgate blocks. Block propgation times AVGs 99.99% ~15 seconds.
Ans 3: By client protocol.
Ans 4: 2 uncles(Dero side blocks if you are referring to them only) are allowed depending on NW.
Ans 5: RingCT is core part of Dero architecture.
Ans 6: We are still searching better algo than POW.

  Thanks for your time and questions.

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September 12, 2018, 07:22:30 AM
Merited by MagicSmoker (1)
 #4224

Hi,

You will find below some videos presenting the DERO COIN :

What is DERO coin ? -- https://www.youtube.com/watch?v=TjaoMiDeRKA

What is DeroDAG ? -- https://www.youtube.com/watch?v=U43JkWT5kEk

Welcome to the Future of Blockchain -- https://www.youtube.com/watch?v=Eg4nwixxsEw
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September 16, 2018, 10:29:26 AM
 #4225

Dero plans to return to the video card mining and change the algorithm? If so, when approximately?
Coindgr
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September 16, 2018, 10:33:07 AM
 #4226

Dero plans to return to the video card mining and change the algorithm? If so, when approximately?

This has already been discussed before, and at the moment DERO is ASIC friendly. No algorithm change at the moment

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DeepOnion
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September 16, 2018, 12:22:55 PM
 #4227

Thank you.
I really hope that in the future something will change and I will be able to mine dero on my video cards.
Good luck to the developers and we are waiting for new heights from Dero.
ardia
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September 19, 2018, 03:04:25 AM
 #4228


Ans 1: Already answered by @MagicSmoker.
Ans 2: Dero DAG like other chains requires block propgation time to propgate blocks. Block propgation times AVGs 99.99% ~15 seconds.
Ans 3: By client protocol.
Ans 4: 2 uncles(Dero side blocks if you are referring to them only) are allowed depending on NW.
Ans 5: RingCT is core part of Dero architecture.
Ans 6: We are still searching better algo than POW.

  Thanks for your time and questions.

I dont understand this. Can you give an example, using a transaction that got double spent - what resolving 'by client protocol' means?
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September 19, 2018, 08:59:22 PM
 #4229


I dont understand this. Can you give an example, using a transaction that got double spent - what resolving 'by client protocol' means?

client_protocol is a function inside : https://github.com/deroproject/derosuite/blob/master/blockchain/blockchain.go - line 1351  Wink
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September 20, 2018, 03:09:13 AM
 #4230

At block 721000 a hardfork will happen. Please update your daemon to 2.1.0 from https://github.com/deroproject/derosuite/releases
GUI wallet users do not need to update it.
Major change that concerns miners and investors: side block reward will decrease from 67% to 8%.
Changes are listed here: https://github.com/deroproject/derosuite/commit/05081d365b991914748d151f0f25ca5dd19f47cc

TheCrimsonFucker
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September 21, 2018, 04:31:16 AM
 #4231

The work done in DERO will soon be recognized! Much of the technology available today is here! It's impossible for the prices to not be higher than they are. Will the change from 67% to 8% of rewards make the average price increase 8.3x?
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September 21, 2018, 09:11:04 PM
 #4232

The work done in DERO will soon be recognized! Much of the technology available today is here! It's impossible for the prices to not be higher than they are. Will the change from 67% to 8% of rewards make the average price increase 8.3x?

that's a good question, time will tell. sooner or later

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September 22, 2018, 09:06:22 AM
Merited by MagicSmoker (1)
 #4233

The work done in DERO will soon be recognized! Much of the technology available today is here! It's impossible for the prices to not be higher than they are. Will the change from 67% to 8% of rewards make the average price increase 8.3x?

that's a good question, time will tell. sooner or later
As my calculation,this will only lead to a 25% hashrate drop
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September 23, 2018, 02:18:56 PM
 #4234

I've been asked to warn pool operators about repeatedly spamming ads for their pools. This is against forum rules, as outlined in the stickied post at the top of this section:

Advertising spam is not allowed, this includes mining pools, gambling services, exchanges, shops, etc. Mining pool ops should make a thread within the Mining section of Alt Currencies. Most OP's already link to pools available so advertising your pool is unnecessary and leads to too much spam.
...


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September 23, 2018, 04:22:29 PM
 #4235

At block 721000 a hardfork will happen. Please update your daemon to 2.1.0 from https://github.com/deroproject/derosuite/releases
GUI wallet users do not need to update it.
Major change that concerns miners and investors: side block reward will decrease from 67% to 8%.
Changes are listed here: https://github.com/deroproject/derosuite/commit/05081d365b991914748d151f0f25ca5dd19f47cc

How is now the distribution plan?
Anywhere one can look at?

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DeepOnion
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CaptDero
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September 24, 2018, 02:14:21 PM
 #4236


Dero is currently in talks with several exchanges for listing process. Exchanges are appreciating Dero innovations and technology.
Now we all know exchanges are expensive and we don't want to burn through the community funds too quickly.
Cryptopia have lowered their listing fees to 2.75 BTC. If you would like to donate to support the listing fee to get listed on Cryptopia please feel free, the remaining balance left over will be used from the community wallet.

BTC Address: 12FgmibxiRL6bbs2cgy7WrZKvhJ8zsecAB
DERO Address : dERoinCHkFnLwG8W1kUTvHEYiuq1YvwwEBG8WWqcDTf8LtVGJf5h1piVUwT1AgLAP6JqFYK947652R4 XoYqbLM3R1riDuAx6fS

Dero donation wallet viewkey: bffd60d4f5772fcf5c457c2b6250fdeb3d1a3142193d587b42558a6a1b76e69e77ec46f4a98fa6b b722fe5c524f55d14eb1058b975fdf8b81b8fd4bee0095705

Also track the Dero latest updates.

Thanks for your support and time.

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September 24, 2018, 02:17:08 PM
 #4237

At block 721000 a hardfork will happen. Please update your daemon to 2.1.0 from https://github.com/deroproject/derosuite/releases
GUI wallet users do not need to update it.
Major change that concerns miners and investors: side block reward will decrease from 67% to 8%.
Changes are listed here: https://github.com/deroproject/derosuite/commit/05081d365b991914748d151f0f25ca5dd19f47cc

How is now the distribution plan?
Anywhere one can look at?

 You can check on the http://explorer.dero.io/  or use status command in the daemon for supply. 
Will upload the curve too if required let us know.

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September 24, 2018, 02:17:22 PM
 #4238

~
Hi,
Can you help me, please.
I would like to get signature codes of DERO, can you give me the source codes?
If there is a bounty on it, please give me link to the bounty, too.
Thanks for all your coming help.

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September 24, 2018, 03:31:28 PM
 #4239

~
Hi,
Can you help me, please.
I would like to get signature codes of DERO, can you give me the source codes?
If there is a bounty on it, please give me link to the bounty, too.
Thanks for all your coming help.

I don't know what do you mean by signature code, but you can find the source code, here : https://github.com/deroproject/derosuite
They are only one bounty right now : https://twitter.com/DeroProject/status/1032876813855412225
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September 24, 2018, 09:43:17 PM
 #4240

At block 721000 a hardfork will happen. Please update your daemon to 2.1.0 from https://github.com/deroproject/derosuite/releases
GUI wallet users do not need to update it.
Major change that concerns miners and investors: side block reward will decrease from 67% to 8%.
Changes are listed here: https://github.com/deroproject/derosuite/commit/05081d365b991914748d151f0f25ca5dd19f47cc

How is now the distribution plan?
Anywhere one can look at?

 You can check on the http://explorer.dero.io/  or use status command in the daemon for supply. 
Will upload the curve too if required let us know.


Ok, thanks for your answer. Regarding the distribution curve, it would be nice, it's a marketing tool for easy reading

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DeepOnion
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