[ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts

[tbearhere]

So I noticed that the dev. didn't fork this coin. So now it is an ASIC mining coin.  Any plans on anti-asic forking?  thx.

[1713481629]

1713481629

[fellestreum]

https://steemit.com/cryptocurrency/@cryptomedication/bravadogroup-and-several-other-major-crypto-influencers-caught-planning-massive-pump-and-dump-schemes

Dero does NOT support these types of groups and if you find one operating please let us know.

This is my tweet to the person who originally broke the news https://twitter.com/Serena_fox_dero/status/989285709843435520

That's funny, Tron hired a market maker a few months back, they pump and dump all the time.

Pump-and-dump is illegal in securities trading, so unless you think that crypto is going to remain lawless and unregulated indefinitely this sort of thing will not only come to a screeching halt, there may be some negative consequences in the future for willingly engaging in bad behavior now.

Let's  keep an eye out for shillers on ALL channels (not only here) and silence them /call them out as much as possible when we see them.

Pump and dump only works when lots of people get on board with the pump part.  If we as a community are vigilant, the pump and dumpers will go and pick easier targets.

Luckily for now I think stock exchanges “superb service” protects dero from the big pnd groups. 😂

 

Seriously though, according to that leaked chat that was posted earlier (which was awesome to read) one of the things these groups do is use their "connections" to get tiny cap coins listed on more prominent exchanges precisely to oil the wheels for their PnD.

[Edwinc08]

https://steemit.com/cryptocurrency/@cryptomedication/bravadogroup-and-several-other-major-crypto-influencers-caught-planning-massive-pump-and-dump-schemes

Dero does NOT support these types of groups and if you find one operating please let us know.

This is my tweet to the person who originally broke the news https://twitter.com/Serena_fox_dero/status/989285709843435520

That's funny, Tron hired a market maker a few months back, they pump and dump all the time.

Pump-and-dump is illegal in securities trading, so unless you think that crypto is going to remain lawless and unregulated indefinitely this sort of thing will not only come to a screeching halt, there may be some negative consequences in the future for willingly engaging in bad behavior now.

Let's  keep an eye out for shillers on ALL channels (not only here) and silence them /call them out as much as possible when we see them.

Pump and dump only works when lots of people get on board with the pump part.  If we as a community are vigilant, the pump and dumpers will go and pick easier targets.

Luckily for now I think stock exchanges “superb service” protects dero from the big pnd groups. 😂

hahaha!! indeed!

[Edwinc08]

So I noticed that the dev. didn't fork this coin. So now it is an ASIC mining coin.  Any plans on anti-asic forking?  thx.

I could be wrong but asics are bringing volume and a stronger security network to dero as well as less energy consumption. I hate asics for its anti-egalitarian nature but it does help Dero.

[Razkor999]

With this in mind, have you considered dumping some of the premined coins into the exchange to ease / steady the price its extreme currently due to lack of supply.

The Dero team will not be dumping any premined coins, and we can't control the market, nor will we try to.

You're controlling the market by not releasing premined coins to suit the current high demand for them
Exactly how Diamonds work.

That makes no sense, since they can't release the premined coins until some specified time.

Supply should meet the demand, Stocks Exchange is not cut out for the task

Basically its monopolized by the Asics miners right now.

That one I must agree. GPU miners practically stopped mining, and now, only few ASIC miners (or NH rentors) are getting all the rewards for now.




Premined coins aren't linked to some elaborate timing device that swings open a vault door.

The market needs flooding to spread the wealth or it needs a bigger exchange with many users, to get a better spread on the coins.

Dero right now is being pumped and dumped hard.


Stocks exchange is absolutely dreadful.The only beauty of Stocks is, it shows you how many people are viewing each coin type.

I keep a close eye on Dero and have done for quite a while since like January, it's funny how Dero never has more than say 15 people on the exchange page.

Essentially it's just a few bag holders / Asic's miners that are manipulating the price.

Why would a 6 month old project that's getting it's back doors smashed in by Asics, without even a Gui or Webwallet be more expensive to buy than say Aeon or SumoKoin?

The price right now in my opinion is hyper inflated due to lack of supply, / only Asics are mining it.

Yeah it's a good project but seriously? more than a dollar is pushing it for what it offers so far. never mind 2.5 - 3.

The Asics miners would jump ship if it wasn't so lucrative to harvest the ass out of Dero and manipulate it. They're bending everyone over as they control the coins.


on the upside, I dumped my bag of Dero @ 30,000 sats as it would be foolish not to.




DERO EXCHANGE
DERO/BTC
Online users on page 9....


 

[copatel]

220kh = 20 dero/day,
Couple days ago it was more miners and rewards

[copatel]

I saw 5 min ago + ~80Mh on small period of time. Bitmain test new ASICs? 51% attack?

[copatel]

I saw 5 min ago + ~80Mh on small period of time. Bitmain test new ASICs? 51% attack?

For 5 min: 150MH then 240 then 170 then 190 then 150MH . Check your pool, maybe wrong info

[MagicSmoker]

So I noticed that the dev. didn't fork this coin. So now it is an ASIC mining coin.  Any plans on anti-asic forking?  thx.

I could be wrong but asics are bringing volume and a stronger security network to dero as well as less energy consumption. I hate asics for its anti-egalitarian nature but it does help Dero.

Well, let's see... the network hashrate before the ASIC invasion was around 5MH/s, and let's say that was entirely from RX 560s* which will do 500H/s at 60W, so requiring 10000 cards drawing a total of 600kW.

The Baikal Giant-N does 20kH/s for the same 60W, so 40x more hashrate at the same power. Surely this will reduce overall energy consumption, right? Actually, no, because the network hashrate is now ~200MH/s which is 40x higher. So, total energy consumption is approximately the same as before the ASICs.


* - I chose these because they are surprisingly efficient at CryptoNight; an RX 570 will do 740H/s but draws 120-140W; so 50% more hashrate for double the power, an all around bad deal.

[--Serena--]

So I noticed that the dev. didn't fork this coin. So now it is an ASIC mining coin.  Any plans on anti-asic forking?  thx.

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

[--Serena--]

                                                                 

 

How to start using Dero                Downloads                Whitepaper                Support      

About DERO  

The Dero Project has written a unique new blockchain technology that is based on the CryptoNote protocol. Dero's goal is to create a unique state of the art blockchain technology with enhanced reliability, privacy, security, usability, and portability by bringing together some of the best proven technologies like the CryptoNote protocol and smart contracts, thereby allowing for the creation of truly private smart contracts.

The Dero development team has implemented complete SSL across the Dero network which is a first on any blockchain. This encrypts the entirety of our network traffic, which greatly reduces our attack surface, while simultaneously preventing ISPs or other users from analyzing Dero’s network traffic.

Dero's Key Features  

• DERO is a completely new and unique CryptoNote blockchain written in Golang
• DERO is the first blockchain to have complete SSL in the P2P layer
• DERO will be the first CryptoNote blockchain to have 500 transactions per second on its native blockchain without any lightning networks, validators or off-blockchain solutions
• DERO will be first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains
• CryptoNote privacy
• Smart contracts
• Atomic swaps
• Mobile and offline wallets
• Lightweight wallets
• Subaddresses
• Escrow services on the blockchain
• Address signing and certifying
• Voting on a private blockchain

About The Developers  

There are three developers working on the Dero Project who have been working in the field of cryptography and blockchain development as a team for more than a decade. Dero's research and development team are devoted full time to the project, and can often be found in our Slack channel. For now, the development team are choosing to retain their privacy until the Dero Project incorporates.

Coin Specifications  

 

• Proof-of-work (PoW) algorithm: CryptoNight
• Max supply: 18.4 million for the first 8 years followed by an infinite emission rate after year 8 of ~157,000 DERO/year
• Block reward: Smoothly varying
• Block time: 120 seconds
• Difficulty: Retargets at every block
• Ticker: DERO

Dero's Roadmap  

 

• Q1/2018 - Dero's new unique blockchain written and full Activation. - Completed ahead of schedule with the extra addition of complete SSL across Dero's network
• Q2/2018 - Record CryptoNote TX/sec, GUI wallets, sub addresses, atomic swaps, and smart contract testing.
• Q3/2018 - Smart contract support on chain. Q3 2018.
• Q4/2018 - Strategic market expansion, team growth, and more (coming soon).

Dero Related Links  

Resource Links  

WEBSITE: https://dero.io/
FORUM: https://forum.dero.io/
EXPLORER: https://explorer.dero.io
OFFICIAL POOL: http://pool.dero.live/
BINARIES: http://seeds.dero.io/alpha/

Exchanges & Stats:

EXCHANGE: https://stocks.exchange/trade/DERO/BTC
EXCHANGE: https://tradeogre.com/exchange/BTC-DERO
EXCHANGE: https://www.southxchange.com/Balance/Index/DERO
Stats: https://coincodex.com/crypto/dero/
Stats: https://www.difficultychart.com/dero
Stats: https://www.cryptunit.com/coin/DERO

Articles and Media Content  

Dero: A new blockchain technology that brings CryptoNote privacy together with smart contracts.


Shifting from alpha to beta: CryptoNote with smart contracts



Support

[AngusCanine]

anybody vouch for the exchanges ?

[Hueristic]

Honestly, the price is fully manipulated and the devs ask to the platforms trading to disable the wallet. What is that ? i'm very disappointed.

Stop pump your own coin by asking to the platforms to disable the deposit and withdrawal to avoid the dump/force us to buy in the buy-wall... Because it's exactly what i'm thinking. And at the same time devs keep posting the same message at the top of each pages... Guys, stop playing like this. Obvious pump. Don't play like that with me or i go switch to intense.

Thanks.


(i can't believe that the wallet is under update since one week on both platforms, don't try to make me believe this and give a real explanation)


I support Dero, but hey, it's too much right now. Ask to the platforms to turn on the wallet.

I asked the exchanges to disable Dero because there is a large vulnerability in the C++ daemon and it's better to have the network not be vulnerable to those attacks. Adding ASIC resistance would not have closed this vulnerability we found in the C++ daemon, it just changes where the hashing power was coming from.

The reason for the delay is because the final portions of the functionality the exchanges require had to be coded/finished. If this was some copy/paste project they would already have what they need.

If you go monitor the volume you will see there is no pump going on here and that should be extremely obvious.

Can I have a link to the info on this vulnerability. Thanks

[--Serena--]

Can I have a link to the info on this vulnerability. Thanks

To date the Dero team has made no disclosure regarding these vulnerabilities.

[CorePrime95]

Dero has been added to the Tradeogre exchange apparently

https://twitter.com/TradeOgre/status/989712397169381376

[korm]

Dero has been added to the Tradeogre exchange apparently

https://twitter.com/TradeOgre/status/989712397169381376

Cool. Thanks to all 

[fellestreum]

Dero has been added to the Tradeogre exchange apparently

https://twitter.com/TradeOgre/status/989712397169381376

Cool. Thanks to all  

Would the developers mind commenting if they had anything to do with Dero being added to Tradeogre?

If they did not this could be a preparatory stage for a pump-and-dump.  If you read through the exposure of PnD scheming posted earlier by technicianit

https://steemit.com/cryptocurrency/@cryptomedication/bravadogroup-and-several-other-major-crypto-influencers-caught-planning-massive-pump-and-dump-schemes

you will discover that they talk about the need for a coin such as Dero to be on Tradeogre and that they even have contacts that can manage to get a coin like that listed on Tradeogre, as part of their preparations for a PnD.  Dero is also discussed specifically as a possible candidate for their PnD scheme.  These guys can gather enough BTC to easily move a small market like Dero, which only takes a few BTCs.  They are prepared to put a lot of buy and sell orders in to start such a pump, buying and selling back and forth, gets a price rise started then others join.  The losses they suffer in that first round is just the cost of doing business and is dwarfed by the profits of selling later.  The few tens of thousands of Dero going through stocks.exchange daily and now tradeogre are easily within their reach, they can completely dominate these markets if they want to.

[CaptDero]

Would the developers mind commenting if they had anything to do with Dero being added to Tradeogre?

We have nothing to do with that perhaps some member on slack/discord applied there.

[percocet]

Would the developers mind commenting if they had anything to do with Dero being added to Tradeogre?

We have nothing to do with that perhaps some member on slack/discord applied there.

Also there is nothing stopping an exchange from just adding a coin themselves without anyone even asking.

[korm]

Who can offer a large number of coins? Is it a community? Of course not. Welcome to the ASIC reality.
The question is not even in some groups. Just the community can not get a DERO on their equipment. Centralization is as it is.