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Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts - page 50. (Read 123288 times)

jr. member
Activity: 111
Merit: 1
DAG plus POW plus smart contracts. Does it make sense? I am unable to understand, can they. But I hope they can.

 Fluffypony is openly against the idea of smart contract within cryptonote.
 But then again, Monero is also hardcore and truly againts ASICs. And they don't BS people about it.

 So if you add these two negatives together, you get DERO.
 I lost total respect for this projects, as the Devs & team are clearly drinking from their own kool-aid.

 Zero respect for community voice, flip-flopping on promisses and openly ignoring addressing questions.

  I'm out this project. Best of luck.

Have fun with FPGAs and private ASIC miners.

And Dero isn't a fork anymore, it's an enhanced version of CryptoNote.

But I think you should listen the guy who spend $800k on a watch, after all it's more safe.
legendary
Activity: 1092
Merit: 1000
DAG plus POW plus smart contracts. Does it make sense? I am unable to understand, can they. But I hope they can.

 Fluffypony is openly against the idea of smart contract within cryptonote.
 But then again, Monero is also hardcore and truly againts ASICs. And they don't BS people about it.

 So if you add these two negatives together, you get DERO.
 I lost total respect for this projects, as the Devs & team are clearly drinking from their own kool-aid.

 Zero respect for community voice, flip-flopping on promisses and openly ignoring addressing questions.

  I'm out this project. Best of luck.
sr. member
Activity: 661
Merit: 250
----Atlantis mainnet released----

Hello everyone we're very excited to announce the release of the Atlantis mainnet, and blocks are just starting to move now. Please download from - http://seeds.dero.io/atlantis/
Can you put files on a server with more upload bandwitdh please ?
hero member
Activity: 966
Merit: 587
DAG plus POW plus smart contracts. Does it make sense? I am unable to understand, can they. But I hope they can.
newbie
Activity: 200
Merit: 0
Congratulations  Smiley Wink

Go DERO
member
Activity: 224
Merit: 11
----Atlantis mainnet released----

Hello everyone we're very excited to announce the release of the Atlantis mainnet, and blocks are just starting to move now. Please download from - http://seeds.dero.io/atlantis/
newbie
Activity: 200
Merit: 0
-------Atlantis mainnet upgrade in a few hours-------

We've asked the exchanges to disable their wallets, and we're preparing to switch to the Atlantis mainnet sometime in the next few hours. We're confirming that the pool software is configured and working for everyone for a few hours, and then the mainnet is going to go live. We anticipate 1 - 2 hours of downtime while we switch onto the Atlantis mainnet. Details regarding how to sync, and any other relevant information will be released with the mainnet launch.

Great news  Smiley . Dero is a big project , troll are momentary. Stay strong and always ahead
member
Activity: 224
Merit: 11
Can everyone please stop transactions on the current mainnet and the Atlantis testnet until further notice. We will let everyone know when things are running smoothly after we've had a chance to test the mainnet when it goes live
member
Activity: 224
Merit: 11
-------Atlantis mainnet upgrade in a few hours-------

We've asked the exchanges to disable their wallets, and we're preparing to switch to the Atlantis mainnet sometime in the next few hours. We're confirming that the pool software is configured and working for everyone for a few hours, and then the mainnet is going to go live. We anticipate 1 - 2 hours of downtime while we switch onto the Atlantis mainnet. Details regarding how to sync, and any other relevant information will be released with the mainnet launch.
jr. member
Activity: 148
Merit: 2
Serena Fox sure as hell ain't her real name.

Still waiting for team information... not to mention source code.

Just addressed source code thing. Quit trolling about it. Who cares who the devs are if they deliver?

Remember when people didn't need to know the real life identities of a coin's devs? Pepperidge farm remembers.

I forget, who developed the first version of bitcoin, again?
jr. member
Activity: 87
Merit: 2
Serena Fox sure as hell ain't her real name.

Still waiting for team information... not to mention source code.

Guess what?!! Mojo isn't my real name either

Oh CaptDero isn't his real name either

I may be going out on a limb here, but I'd say tf2addict isn't your real name as well Smiley  Grin Cheesy
full member
Activity: 675
Merit: 100
Serena Fox sure as hell ain't her real name.

Still waiting for team information... not to mention source code.
jr. member
Activity: 148
Merit: 2
You're right in that nothing lasts forever. That was a poor choice of words on my part. However, the most likely scenario I see occurring is that CN ASICs fail at a gradual rate and so there will be a long period of time where hashrate becomes more concentrated among fewer machines - perhaps entirely on a Bitmain pool, which would be even worse - yet is still too high (relative to DERO's price) to make mining it with a GPU worthwhile, much less attractive.

Even if that interval only lasts a few months it will be a serious vulnerability for the network, and that was more or less what I imagined happening when I made my earlier post.
 

On a theoretical level, I see your point. I'm just not sure how likely that scenario is. It does make sense in that regard I just don't see it as probable, personally.

Perhaps, but what is certain right now is that if a CN ASIC fails you can't buy a new replacement for it. If DERO - or other CN coins - become wildly popular in the future (as defined by market cap), then more CN ASICs might be produced, but there could still be a long lead time between an upswing in price/market cap and an ASIC manufacturer responding to it. Furthermore, another situation all but guaranteed to happen at some point is DERO not being the most profitable CN coin to mine so most of the ASICs switch away from it; that would also cause a collapse in hashrate that could be exploited.

Basically, the point I am trying to make here is that sticking with an ASIC'ed algo does not necessarily improve network security. The only (current) way for coin devs to truly secure a consensus-based PoW algo is to hold the majority of hashrate themselves, otherwise you are trusting strangers to not gang up on you (which kinda fails the "trustless" criterion, eh?).

***

On a separate note, I caught most of the wild pie-fight on Discord today between a bunch of TurtleCoin supporters and --Serena--. Rather than editorialize I'll just reprint one of her comments and let the gentle reader draw his or her own conclusions:

Quote from: --Serena--
I can say one thing for sure though
Turtlecoin is a shitcoin, that is all.

Lol, stay classy, --Serena--...




Ya, trying to put someone on blast is super classy in comparison.

I don't blame her, they basically raided the dero discord.
full member
Activity: 420
Merit: 184
You're right in that nothing lasts forever. That was a poor choice of words on my part. However, the most likely scenario I see occurring is that CN ASICs fail at a gradual rate and so there will be a long period of time where hashrate becomes more concentrated among fewer machines - perhaps entirely on a Bitmain pool, which would be even worse - yet is still too high (relative to DERO's price) to make mining it with a GPU worthwhile, much less attractive.

Even if that interval only lasts a few months it will be a serious vulnerability for the network, and that was more or less what I imagined happening when I made my earlier post.
 

On a theoretical level, I see your point. I'm just not sure how likely that scenario is. It does make sense in that regard I just don't see it as probable, personally.

Perhaps, but what is certain right now is that if a CN ASIC fails you can't buy a new replacement for it. If DERO - or other CN coins - become wildly popular in the future (as defined by market cap), then more CN ASICs might be produced, but there could still be a long lead time between an upswing in price/market cap and an ASIC manufacturer responding to it. Furthermore, another situation all but guaranteed to happen at some point is DERO not being the most profitable CN coin to mine so most of the ASICs switch away from it; that would also cause a collapse in hashrate that could be exploited.

Basically, the point I am trying to make here is that sticking with an ASIC'ed algo does not necessarily improve network security. The only (current) way for coin devs to truly secure a consensus-based PoW algo is to hold the majority of hashrate themselves, otherwise you are trusting strangers to not gang up on you (which kinda fails the "trustless" criterion, eh?).

***

On a separate note, I caught most of the wild pie-fight on Discord today between a bunch of TurtleCoin supporters and --Serena--. Rather than editorialize I'll just reprint one of her comments and let the gentle reader draw his or her own conclusions:

Quote from: --Serena--
I can say one thing for sure though
Turtlecoin is a shitcoin, that is all.

Lol, stay classy, --Serena--...


jr. member
Activity: 148
Merit: 2
Everyone knows there is no such supportive team as DERO in crypto world.

Yeah, just look at their "support" for hobbyist/GPU miners.

Geezus man.

Cool story, bro.

Edit: the code for Atlantis isn't released yet (but either is Atlantis). The dero suite code has been released since the network switched to the golang version.

Anyway, troll away.
full member
Activity: 675
Merit: 100
Everyone knows there is no such supportive team as DERO in crypto world.

Yeah, just look at their "support" for hobbyist/GPU miners.

Geezus man.
full member
Activity: 675
Merit: 100
This project is such a joke, if not an outright scam.

Still waiting on source code and team information.  You'd have to be crazy to run Dero's node/wallet until it's opened up and independently verified.  You've been warned people.
jr. member
Activity: 148
Merit: 2
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.

Look at your community now... They are so smart, coming out with valid points and just calling people stupid. You keep the brightest!!!

How is that any different from you sarcastically insulting them? I'm not condoning their statements but you're just doing the same thing. If you would like to add to the conversation by explaining the validity of said points, by all means do. If you just want to troll, feel free to keep such comments to yourself.
jr. member
Activity: 148
Merit: 2

I think you need to dial back a little, yourself. Nothing lasts forever, including people's decision to mine or not mine something. If the math checks out and money can be made, somebody will mine.

You're right in that nothing lasts forever. That was a poor choice of words on my part. However, the most likely scenario I see occurring is that CN ASICs fail at a gradual rate and so there will be a long period of time where hashrate becomes more concentrated among fewer machines - perhaps entirely on a Bitmain pool, which would be even worse - yet is still too high (relative to DERO's price) to make mining it with a GPU worthwhile, much less attractive.

Even if that interval only lasts a few months it will be a serious vulnerability for the network, and that was more or less what I imagined happening when I made my earlier post.

 

On a theoretical level, I see your point. I'm just not sure how likely that scenario is. It does make sense in that regard I just don't see it as probable, personally.
newbie
Activity: 28
Merit: 0
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.

Look at your community now... They are so smart, coming out with valid points and just calling people stupid. You keep the brightest!!!
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