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Author Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts  (Read 83790 times)
Lcardenas08
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June 25, 2018, 09:30:07 PM
 #3441

@Mojo, Serena & Captain

odd how i was banned from Discord and Slack for viewing my opinions along with others that you strung along the community with the promise of anti-asic algo.
...

When @cpmcgrat was banned a few weeks ago I sided with --Serena--, but after getting the 3rd degree from her and Mojo on Slack for I'm still not sure what, and then seeing @h0g0f0g0 was banned from Telegram, and, finally, actually witnessing the conversation that lead up to you being banned on Slack, well, I'm no longer taking the DERO teams side.

@CaptDero - you need to review the actions of Mojo and --Serena-- and then have a talk with them about proper community management. Yes, we should show your team members respect, but your team members better be damn sure we are attacking them and/or being abusive before banning us.

***

As for the decision to stick with the original CryptoNight algo for PoW, I understand the reasoning and though it took a few hours, I actually came to agree with it. What I don't agree with - and what many others seem to have a problem with, as well - is how we were very much mislead into believing Atlantis would use a new, ASIC-resistant algo, right up until the announcement that it wouldn't yesterday. Oh, sure, --Serena-- was quite cagey whenever she was asked about ASIC resistance these last few weeks, which might have been a clue there, but the way this decision appeared to occur so abruptly, and without any preface or explanation, has definitely angered many - just look at the collapse in DERO's price over the last 24 hours if you need any more of a hint. Yes, the Atlantis tech is very promising... but so was Betamax, to use one of history's most infamous examples of a superior tech getting shunted aside due to industry collaboration and marketing.



They aren't switching algos because they cant. Literally cant develop a new anti resistance algo even though they said they had one. It was a lie from the beginning and if any of you guys are smart you will catch up to the actual tech coming out. Dero is nothing impressive and since it's very pro-centralization, it will die out. This is not fud but facts. Dero might not be a security but anyone supporting a project like this is just supporting a money grab by the dev team. Slowly over time they don't deliver to what they promised and use excuses with no substance. This project will be abandoned, that is why they have never shown their identities. 10% premine money grab with hidden identities and false promises. Give it a few months. You will all see.
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fellestreum
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June 25, 2018, 09:52:24 PM
 #3442

There's a lot of FUD on here now.  I know for a fact there are many supporters of this project who understand the technical achievements and the potential, but they are choosing to stay away from here right now.  Hopefully once Atlantis is released and the doubters silenced we can return to some normalcy here, because it used to be a nice place to hang out, and it would be nice if was again.
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June 25, 2018, 09:57:03 PM
 #3443

There's a lot of FUD on here now.  I know for a fact there are many supporters of this project who understand the technical achievements and the potential, but they are choosing to stay away from here right now.  Hopefully once Atlantis is released and the doubters silenced we can return to some normalcy here, because it used to be a nice place to hang out, and it would be nice if was again.

 That is not how one develops a respectful project.
Coindgr
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June 25, 2018, 09:57:35 PM
 #3444

There's a lot of FUD on here now.  I know for a fact there are many supporters of this project who understand the technical achievements and the potential, but they are choosing to stay away from here right now.  Hopefully once Atlantis is released and the doubters silenced we can return to some normalcy here, because it used to be a nice place to hang out, and it would be nice if was again.

Over time this may be "forgotten"...

The feeling of beeing deceived is present at the moment, trust takes a lot of time to get, and it can be ruined in a short moment

I just keep watching this, but in sideway

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DeepOnion
.Anonymous and Untraceable.
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





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valgandar
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June 25, 2018, 11:15:52 PM
 #3445

What exactly does Dero offer now over say Sumokoin or Ryo?

80% less supply but no Gui wallet?

This coin overnight just turned itself into a pump and dump shitcoin.

The markets will show this in the following days

Much hurt such disappointments

At least the Asics might go elsewhere now Dero is dying.





Are you seriously mentioning Sumo (and its forks) after all that shitstorm it had?
Slimdev
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June 26, 2018, 12:41:50 AM
 #3446

dero.fairhash.org

Transparent Dero pool with 24/7 support

Features:

- Mining to exchange

- Workers

- Adjustable instant payout levels

- Email and telegram notifications

- SSL
valgandar
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June 26, 2018, 01:05:17 AM
Last edit: June 27, 2018, 07:06:14 PM by valgandar
 #3447

I have some concerns about the way Dero intends to run.

As far as I know, the team intends to incorporate, and after that, they'll reveal themselves, correct? But we all know the privacy focused projects are at risk of start to suffer some kinds of regulation tries by authorities (just a matter of time in my opinion), or even be banished from exchanges (we are seeing this with some japanese exchanges). But many of them are community governed, like Monero for example. Besides the fact of some developers having their identities known, it's open source, and if anything happen, any member of the community can take over it, and the project will keep running and being developed (after all, the code is open source), so, maybe it's safe to say it can't be "stopped".

Even in the case of Bitcoin, which isn't privacy focused, when Satoshi "vanished", the project kept its development by a fundation, with Gavin taking Satoshi's "role", and many community supporters actively contributing to it. And as the code is open source, even if authorities try to stop it or if it suffer any other kind of interference, anyone sufficiently skilled can keep the project running.

Many times I've saw team members telling the code will not be open soruce, but publicly released for review only, and so, technicaly it will not be availible to be forked or continued by others. Having said that, if the project incorporates as it intends to, it will be subjected to the authorities, whatever the country where it will be based on, and it may be vulnerable to any kind of regulation or interference which that central power may estabilish in the future. I think that's a real possibility, since it's a privacy project.

So, I have some questions about this matter. First is how the team, as a corporation, pretends to protect itself as any kind of possible external interventions? And the second is, let's suppose something worse happens, and (in a possible hypothetical situation, obviously, but not impossible to occour in the real world), the team be unable to continue the project for any reason: it wouldn't be possible a community takeover to continue it with a non open source code?

Thanks.
Hueristic
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Doomed to see the future and unable to prevent it


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June 26, 2018, 04:00:07 AM
 #3448

This coin is no longer interesting.

lifetyper
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June 26, 2018, 04:26:12 AM
 #3449

1.If anyone invest his time/money on a project just because it's anti asic,he is stupid.
etc,Bitcoin Gold?I'm afraid it's not real anti asic now.

2.If someone hate and leave a project just because it's asic friendly,he is also stupid.
etc,Bitcoin.Any one here mine bitcoin with his gpu?

3.For anyone who hate dero:

PLS DUMP YOUR DERO NOW!
PLS DUMP YOUR DERO NOW!
PLS DUMP YOUR DERO NOW!




And I will take them all.
Abrustetha
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June 26, 2018, 04:44:52 AM
 #3450

Serena....mojo

Im still waiting for a factual response to my questions.

You are conveniently avoiding my questions here.

By doing so You are only supporting a view that is dictatorial.

Why was a banned for raising valid concerns shared by the community?
CorePrime95
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June 26, 2018, 05:52:44 AM
 #3451

Serena....mojo

Im still waiting for a factual response to my questions.

You are conveniently avoiding my questions here.

By doing so You are only supporting a view that is dictatorial.

Why was a banned for raising valid concerns shared by the community?

I was in the chat at the same time and you did the same that you do here: just not accept it and move on. After people heard the news, people came to chat to ask questions or voice their opinion. After a bit of discussion, they would accept the dev decision or not and leave. But people like you would not stop. Its Ok to voice your opinion. But its not Ok to try to dominate the chat to get devs to change their decision. You would complain and ask the same questions over and over again. You started to complain in the morning and where still typing the same things in the evening . You want to have everybody to have your point of view and the devs change their decision. But the devs wont change and that was obvious. You were getting on the nerves of the other users (the silent majority + the people that are OK with the algo)
CaptDero
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June 26, 2018, 06:51:10 AM
 #3452

Serena....mojo

Im still waiting for a factual response to my questions.

You are conveniently avoiding my questions here.

By doing so You are only supporting a view that is dictatorial.

Why was a banned for raising valid concerns shared by the community?

I was in the chat at the same time and you did the same that you do here: just not accept it and move on. After people heard the news, people came to chat to ask questions or voice their opinion. After a bit of discussion, they would accept the dev decision or not and leave. But people like you would not stop. Its Ok to voice your opinion. But its not Ok to try to dominate the chat to get devs to change their decision. You would complain and ask the same questions over and over again. You started to complain in the morning and where still typing the same things in the evening . You want to have everybody to have your point of view and the devs change their decision. But the devs wont change and that was obvious. You were getting on the nerves of the other users (the silent majority + the people that are OK with the algo)

In addition to above. Team showed ultimate patience in handling several others with many other queries, questions and support.
Everyone knows there is no such supportive team as DERO in crypto world.


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June 26, 2018, 06:53:45 AM
 #3453

DERO Exchange wallets will go offline after 24 Hrs to support upgrade to DERO Atlantis Mainnet. Keep your seed safe. No-worries,no-panic,no-swap just restore your new wallet from seed after update. For details see https://forum.dero.io/t/early-ann-dero-atlantis-mainnet-is-coming-in-a-few-days/693
Any coming day, you will wake up in Atlantis mainnet.
Abrustetha
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June 26, 2018, 06:57:06 AM
 #3454

You all still think i was complaining about the algo.

Which is why i said "F POW"

It wasnt about the POW.

It was about how the team communicated to the community touting asic resistance the whole time (which ultimately drew in a lot of supporters and people to buy the coin because of that)

I dont want them to change their decision. Its their decision.

I never once wanted them to change their decision. Like i said its not about the POW, its about how it was handled and communicated to the community since the initial announcement of Atlantis to the Launch.

There was no change in knowledge about Asics from the announcement of atlantis to the deployment of atlantis (testnet)

That is all.

I'm over it. but you should all remember what is said and what is done are different things.

Wish Dero the best, just dont decieve the community again, or at least communicate it better.
Dr_Voidberg
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June 26, 2018, 09:08:14 AM
 #3455

It was about how the team communicated to the community touting asic resistance the whole time (which ultimately drew in a lot of supporters and people to buy the coin because of that)

Communication - yes could have been better and earlier. They should take the criticism and improve that on that.

But fooling investors? Asic resistance per se is not a goal, only for miners who want to protect their investments.
What Asic resistance stands for in the mind of investors is security of the network from attacks by concentrated hash power. As Dero team has said, many Asic resistant networks now have hidden Asics, which is a great danger and fooling investors who think they buy security.

Dero team took the hard decision and taking all the blows and beatings now to keep the network secure. They could have gone the more easy, more popular route for short term gains. But they did not and that speaks volumes for their commitment and integrity. They are taking the shots now to protect the network and investors.
Miguelgreen
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June 26, 2018, 10:53:32 AM
 #3456

I wose suposing This new algo its going to be anti asic.
Sadly its not. I wose prepraring to buy and Nice cpu.
Well i Will to have to buy the coins on market.
But i see the people have kinda Lost some hope on the project. Its my feeling.
Lets see if This Change. I like the idea honestly.
tf2addict
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June 26, 2018, 01:28:38 PM
 #3457

1.If anyone invest his time/money on a project just because it's anti asic,he is stupid.
etc,Bitcoin Gold?I'm afraid it's not real anti asic now.

2.If someone hate and leave a project just because it's asic friendly,he is also stupid.
etc,Bitcoin.Any one here mine bitcoin with his gpu?

Bitcoin Gold is certainly anti-ASIC.  Not sure what you're talking about.

And we would mine Bitcoin if we could. And that was the original vision of Satoshi.  You think Satoshi approves of ASICs?  Bitmain's pools now control 42% of Bitcoin mining.  You think that's a good thing?

And finally, you're missing the main point:  the Dero team was portraying themselves as anti-ASIC and they've now shown themselves to be sellouts.
b9ron
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June 26, 2018, 03:03:31 PM
 #3458

 You think Satoshi approves of ASICs?

I think ASIC isn't the Issue, The Issue are ASIC sold by the lowest scumbag on earth, right now.

If ASIC was sell by Intel or AMD they will never be an Issue.

Quote
... they've now shown themselves to be sellouts.

Jesus, It's me or the CryptoWorld is really full of technical illiterate with tinfoil ?
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June 26, 2018, 03:07:43 PM
 #3459

Difficulty has been quite high the last week, but it just went full retard: a single RX 570 is now mining less than 1 DERO per day, at an exchange price of ~$0.44US. Normally I'd look at the high hashrate and difficulty increase as validation of a coin's prospects/value, but this feels forced.

I'm not going to stop mining it, but I am definitely reducing the hashrate allocated to it; that is the prudent course of action when some whale comes stomping down on the little minnow miners.
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June 26, 2018, 03:26:56 PM
 #3460

It was about how the team communicated to the community touting asic resistance the whole time (which ultimately drew in a lot of supporters and people to buy the coin because of that)

Communication - yes could have been better and earlier. They should take the criticism and improve that on that.

Lol, that's the biggest understatement since the black knight lost both his arms in Monty Python and the Holy Grail:



But fooling investors?

When a project team implies it will do one thing then suddenly does the opposite it is reasonable to think that many will be disappointed, including investors. And I can't help but note that I consider myself more of an investor in DERO, rather than a miner, since I stopped mining back in April and have instead showed my support by being a net-buyer of DERO on the open market.

Asic resistance per se is not a goal, only for miners who want to protect their investments. What Asic resistance stands for in the mind of investors is security of the network from attacks by concentrated hash power. As Dero team has said, many Asic resistant networks now have hidden Asics, which is a great danger and fooling investors who think they buy security.

I previously stated in this thread that I came to agree with the decision to stick with CN for PoW, but now I'm once again not so sure this was the correct decision, but for a different reason: what is going to happen to DERO's network when CN ASICs start failing and can't be replaced simply because there aren't any replacements? *If* DERO grows to the market cap of Monero then ASIC manufacturers will have incentive to make new generations (or batches, anyway) of CN miners, but as of now they certainly don't have any reason to continue producing them.

It would be a terrible irony if the decision that alienated CPU/GPU miners in the name of network security ended up making DERO totally dependent on a shrinking pool of ASIC miners that, ahem, undermines security.

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