Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts - page 125. (Read 123199 times)

I want to preface this post by saying that I am supportive of Dero and its aims and I want it to succeed.  Indeed this post is motivated by a desire to see it succeed.  Hence the following comments and criticisms, based on my reading of the white paper, in no particular order.

*  The white paper is short on detail.  Many of the specifications and goals are quite vaguely worded.  I am aware of course that Dero is still very early in its development, and has more than achieved the development goals so far.  However, as more people become aware of Dero, there is going to be increasing pressure to come up with more detail.  In anticipation of this, I believe an amplification and extension of the white paper should itself be one of the goals in the roadmap outlined in the white paper.  If possible it would also be nice to have a task force whose assignment it is to work on improving and lengthening the white paper.

*  The white paper does not explain the reasons for choosing Golang as the language or why indeed the protocol needs to be rewritten at all.  I assume it is because of the planned implementation of smart contracts.  Still, some detail on the thought processes of the development team as to how they came to choose Golang, and its strengths for this project, would be useful.

*  The white paper does not explain the reason for choosing an infinite supply, with emissions steady at about 157000 per year after the first 8 years.

*  The white paper does not explain how efficiency improvements are going to be implemented, or even how the team plans to scale the protocol up to real-world usage at a later date.  One might wonder if it will be even possible to scale up the technology (all coins suffer from this problem to varying extents) so some discussion of this would be good.  People will want technical information on how the energy reduction and transaction speed issues are going to be addressed.

*  The references supplied are all to Wikipedia (apart from a link to the cryptonote white paper) and are not technical/serious.  I assume the team has done much research during the pre-development and development phases, but there is little evidence of the nature or extent of this research.  Compare for example to the rich research context surrounding Cardano (which I appreciate has a massively larger team behind it).  Some evidence of the technical research and specific results of that research (e.g. references to technical papers in the field) would be very useful.  Not to all readers of course, but the white paper could be divided into a less technical summarising section, and a more in-depth and longer technical section.

*  Currently the team is quite small, and to be successful and to meet its long terms goals the team must grow, and connections must be made with other teams and other projects, I think.  It would be good to know what the team's strategy is for expanding the scope of work being done to support and develop Dero.  I realise there is a plan to found a private company (see next bullet point) but this specific way of developing the coin must have disadvantages as well as advantages, and so far, there is no detail about what in practice it would mean.

*  If the coin is to be taken seriously, the identities of the team members, their work histories and technical experience and so on, these things must at some point be made public.  Unless the strategy is to grow the network/blockchain in such a way that it travels with its own momentum, gathering expertise and technical followers independently as it grows, as the original bitcoin did.  However even bitcoin is now more or less privately controlled (by the Bitcoin Foundation), and this does not appear to be the strategy adopted by the team anyway, as the white paper mentions a future Dero private company that will be behind the network.   Founding a company must mean full public disclosure of the technical team and its expertise.  Why wait on this?

*  Under 'Challenges' there are a bunch of things and it is not clear how these are incorporated into the roadmap.   I find the idea of using Dero as Identity with a certifying authority quite intriguing, but it raises questions, such as: what other coins do this or plan to do this (what is the competition), realistically how would this be adopted by the wider world, and how does implementing this serve to further the overall goals of the project?

*  There are issues that are not discussed, for example regulatory issues.  This is probably going to be the biggest topic in the crypto space in 2018.  What is Dero's strategy?  Cardano for example does seem to have a strategy worked out for this; it plans to be "regulatory compliant" in a way that is built into the foundations of the network.  But Cardano is not a privacy coin, and the issue of privacy/obfuscation raises further challenges in the context of regulation.  It would be great to see what strategy the Dero team has in place for dealing with this, and what the gaps in the strategy are that we need to think about.  It is hard to over-emphasise the importance of this topic, as it touches on almost every other .

These are just a few of my thoughts for now.  These are intended to be constructive criticism, with the aim of helping and furthering Dero.  I hope they will be taken in that spirit!

Reported for spamming

There's no token sale here

For those interested, Dero has launched a creative writing campaign. All you need to do is write an insightful post that's 100 words or longer about Dero and creative potential use cases. For full rules and requirements check out: https://bitcointalksearch.org/topic/campaign-dero-cryptonote-privacy-with-smart-contracts-3150869

I'm very happy to hear that you're happy!

The credit goes to our development team they're amazing

I'm so hyped.  Thanks Serena!

Fantastic news! Great work!

Yes with the new changes there should no longer be any issues on Stocks.Exchange's end as long as they have the available unlocked balance. The Dero developers simplified things for users (like exchanges) with a high volume of transactions in Derosuite.

Woohoo more great news from the Captain! Does it mean that after stocks.x updates their wallet we might be actually able to withdraw bigger amounts? I've got 2K there and I'm not feeling safe lol. 

There are three core developers, Serena  and few Senior well wishers. Few developers have wished to join the project and will hire/contract them with company or so.
And soon DERO PROJECT COMPANY to expand and express the tech and idea behind DERO.
More details can be found in whitepaper: https://github.com/deroproject/documentation/blob/master/WhitePaper.md

How many dev's are currently in DERO? Here in forum we have CaptDero and Serena, are there more? how many in the team?

DERO Golang wallet tests: One  million transactions successfully tested/stored and new wallet working flawlessly.
Normal users may not need it but Exchanges/high transfer vendors etc. require it.

For those interested, Dero has launched a creative writing campaign. All you need to do is write an insightful post that's 100 words or longer about Dero and creative potential use cases. For full rules and requirements check out: https://bitcointalksearch.org/topic/campaign-dero-cryptonote-privacy-with-smart-contracts-3150869

network hashrate 18mh. Any news? Or why?

@vitiriha I am asking that you please refrain from spam posting your business in Dero's ANN thread. If it was a unique or thoughtful post then that could be considered but yours was not.

After pulling up your posting history I found that 118 out of your last 122 posts were the exact same message.

Dero is currently operating as a code fork of Monero (Helium Hydra) with the Bytecoin CryptoNote protocol for the remaining 2 weeks of Q1. However, Dero has written a new blockchain technology based off the CryptoNote protocol with the next major step being new smart contract controls. Dero's new blockchain is coded in golang (Go) to bring together the CryptoNote protocol and smart contracts on the Dero blockchain.

There is no ICO, just hard POW mining.

The CryptoNote protocol implementation in golang is now complete and in closed alpha testing. The Q1 roadmap is on track to meet or exceed its goals.

Website: https://dero.io/
Forum: https://forum.dero.io/
Official pool http://pool.dero.live/
Explorer: https://explorer.dero.io

Exchange 1: https://stocks.exchange/trade/DERO/BTC
Exchange 2: https://www.southxchange.com/Market/List - (COMING SOON)

DERO STATS: https://coincodex.com/crypto/dero/

GitHub: https://github.com/deroproject

How to mine: https://forum.dero.io/t/how-to-be-part-of-dero-network-start-mining-dero/22

Please follow us on Twitter for the most up to date information as it becomes available: https://twitter.com/DeroProject

Dero has a very welcoming community and we would enjoy the opportunity to have you join us in Slack, Discord, or on Reddit!

https://join.slack.com/t/deroproject/shared_invite/enQtMzAwMDc5MDY4NDUzLTAzOWNjYWZmNDgxZTk1YjNiNWFiYjg1OWNiMmQ2MmUxOWRmNjNjOWM3ODAzMzE3M2RhNzBhZjUyZGQxYjQxY2U

Reddit: https://www.reddit.com/r/DeroProject/
Discord: https://discord.gg/aQcphjF

If you have any questions or require assistance, please don't hesitate to reach out for any reason. Slack tends to elicit the fastest response times from the community but all listed links are checked several times a day

Thanks to CaptDero for attending to this issue promptly and crediting the missing Dero (sorry I am a few days late with this response - it really was prompt, almost immediate).  Pity investigating the underlying issue is too complicated to get into now.  But anyway, thanks again and also to the great team behind this coin.  Thanks Serena too for your responses.

Thanks Serena

You only need a little bit of extra to fuel the pool payments. You don't need 2x, just wait for another few blocks and it should function normally from then on

This has been discussed already numerous times, dig this thread for more details. Join over slack there are several POOL operators who would be more than happy to help you.
Also find working Pool code/config https://github.com/deroproject/node-cryptonote-pool
Meanwhile also read about CryptoNote Protocol if you want more understanding of CN behavior.