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Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts - page 77. (Read 123199 times)

member
Activity: 224
Merit: 11
Dero VS the leading smart contract platform in 1 very brief tweet!

https://twitter.com/Serena_fox_dero/status/993753261575409664

What happened to the creative writing campaign?  Is it still around?

When I visit the page I don't see a link to where you can actually view and submit proposals.

https://bitcointalksearch.org/topic/campaign-dero-cryptonote-privacy-with-smart-contracts-3150869
jr. member
Activity: 111
Merit: 5
--nemo me impune lacessit--
Dero VS the leading smart contract platform in 1 very brief tweet!

https://twitter.com/Serena_fox_dero/status/993753261575409664

Is that the point at which Dero is ready for prime-time, then? I thought there was still much to do.

jr. member
Activity: 111
Merit: 5
--nemo me impune lacessit--
Dero VS the leading smart contract platform in 1 very brief tweet!

https://twitter.com/Serena_fox_dero/status/993753261575409664

What happened to the creative writing campaign?  Is it still around?

When I visit the page I don't see a link to where you can actually view and submit proposals.
full member
Activity: 256
Merit: 100
Dero VS the leading smart contract platform in 1 very brief tweet!

https://twitter.com/Serena_fox_dero/status/993753261575409664
Hope the price will go up and revive my gpu rigs.
member
Activity: 224
Merit: 11
Dero VS the leading smart contract platform in 1 very brief tweet!

https://twitter.com/Serena_fox_dero/status/993753261575409664
member
Activity: 224
Merit: 11
                                                                 
 


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
member
Activity: 280
Merit: 10

strange that they have already posted information about this FPGA . means that their development fee will bring more then the rig.
64KH/s with Cryptonight-V7  Shocked Shocked Shocked
greedy bastards  Cheesy Cheesy Cheesy
they will finally bring down the price
jr. member
Activity: 71
Merit: 1

I'd also like to see the elimination of mining pools by incorporating 'virtual pooling' directly on the blockchain.  Seems to me like you could implement a system where solo miners mining directly from their wallet get rewards that are proportional to their hashrate with every new block.  See no reason why this can't be implemented (in combination with PoS, too).  With native SSL any miners not wallet based could be locked out, and with certification only certified wallets could be mining, eliminating the possibility that one person distributes mining across a bunch of hardware.  I'm just brainstorming here but seems to me the possibilities are wide open with the features Dero has on the roadmap.




This is a must, I've always thought that mining to the daemon directly is going to be healthier to the net than just adding more hashing power to pools.

I'm not aboard the taxation boat, could be managed over blockchain tho, and it will only work once many governments adopt cryptocurrencies as a running value. May take a few years from now.

newbie
Activity: 36
Merit: 0
Atlantis....
It hasn't started yet....

Dero is 500TPS.
ETH or BTCP is 20~30TPS.

It is fast as natural aspiration car.
Non-turbo may be more stable.
Smart contracts is non-turbo, too.

interesting.
jr. member
Activity: 111
Merit: 5
--nemo me impune lacessit--
member
Activity: 224
Merit: 11
Was the atlantis update on Apr 20 the hard fork? Or are those two separate events? I have been gone a while and didn't realize Dero was going to fork.

They're two different things - Atlantis will be launching very soon
sr. member
Activity: 518
Merit: 252
Was the atlantis update on Apr 20 the hard fork? Or are those two separate events? I have been gone a while and didn't realize Dero was going to fork.
full member
Activity: 190
Merit: 101
As MagicSmoker said, PoW coins cannot be scaled up without enormous energy usage; there must be an alternative plan that hybridises PoW somehow.

Energy usage is only high because of competition between miners. The whole network could be mined on a single laptop like Bitcoin did in 2008.
jr. member
Activity: 111
Merit: 5
--nemo me impune lacessit--
In the long term all 100% proof of work coins are dead.

The question is what is the team's position on this.

Why you say that, can u provide an example of what could happen?

Thanks

As MagicSmoker said, PoW coins cannot be scaled up without enormous energy usage; there must be an alternative plan that hybridises PoW somehow.

You can see an example of this with Loki, a newer fork of Monero that implements inventivised service nodes.

https://loki.network/wp-content/uploads/2018/01/LokiWhitepaperV1-2.pdf

The Dero team is reluctant to implement anything off-chain as far as I know, which rules out a system such as Loki's.  But then I am curious as to the plan as to how Dero can be scaled up with everything they said is going to be implemented on-chain.
newbie
Activity: 301
Merit: 0
In the long term all 100% proof of work coins are dead.

The question is what is the team's position on this.

Why you say that, can u provide an example of what could happen?

Thanks
jr. member
Activity: 111
Merit: 5
--nemo me impune lacessit--
In the long term all 100% proof of work coins are dead.

The question is what is the team's position on this.
jr. member
Activity: 111
Merit: 5
--nemo me impune lacessit--
...
I am still waiting to hear how the developers intend to solve the problem of scalability with regard to the energy use for any proof of work network.  I have asked that question a couple of times on this message board, and I have also asked it in private correspondence with the team, and have yet to hear any answer.


That's because there is no answer: the dramatic increase in network hashrate strongly suggests, if not outright proves, the theory that miners will deploy hashrate up to the limit of their available power, so "more efficient" miners like ASICs don't lower energy use, they just increase the network hashrate (and therefore the difficulty). It's a situation where nobody but the ASIC miner manufacturers win.


I see your point and I agree if you are talking about 100% proof of work coins like Dero is now.  But I think there are other possibilities you are not considering.  One, for example, is that the team implements some sort of hybridised proof of work and proof of stake in some future update (beyond Atlantis).  I am just shooting off the top of my head here because I don't have any technical expertise in this field.  But how about a system where each wallet is staked as in a PoS system but instead of a single coin, a group from different stakers is chosen at random and then they then have to mine in order to determine who among that subgroup will find the next block.  This could see a dramatic decrease in energy usage without (with the right implementation) sacrificing the cryptographic security that is inherent to PoW.  I am not actually suggesting this is a good solution; my point is that the innovation space of this field is still wide open, and there might be as-yet undiscovered technical solutions waiting to be developed.  If this is the case, it would be nice to know from the Dero team that they are exploring leads, even if they don't want to reveal what these are yet.

PS.  I'd also like to see the elimination of mining pools by incorporating 'virtual pooling' directly on the blockchain.  Seems to me like you could implement a system where solo miners mining directly from their wallet get rewards that are proportional to their hashrate with every new block.  See no reason why this can't be implemented (in combination with PoS, too).  With native SSL any miners not wallet based could be locked out, and with certification only certified wallets could be mining, eliminating the possibility that one person distributes mining across a bunch of hardware.  I'm just brainstorming here but seems to me the possibilities are wide open with the features Dero has on the roadmap.

PPS.  With only certified wallets mining and certification through tax authorities, mining profits could be automatically taxed - see what I mean about being regulatory-friendly.  Obviously we are looking far ahead here, but the Dero team IS looking far ahead.  Short block times of a couple of seconds are also nicely compatible with hybrid PoS it seems to me, too.
jr. member
Activity: 111
Merit: 5
--nemo me impune lacessit--
Network HR at 371 now - impressive  Shocked

Can't wait to see what will happen after next big update - I hope it will go Nicehash proof too as IPBC has done, so Dero can be properly returned to the community that has supported it.

This is too depressing to follow anymore, and the situation was made even worse by the announcement of the Z9 Equihash ASIC which will make it totally impractical to mine another of my favorite coins, ZenCash. I'm seriously considering either buying a Z9 and joining the dark side, or else selling off most of my GPUs and quit chasing these Quixotic projects that say they stand for one thing only to get Rick-Rolled by an ASIC a few weeks/months later.


I'm satisfied with the team's answer for now: wait until Dero Atlantis because that will solve this problem as well as introducing other new and valuable features.  I think it is quite feasible that this whole ASIC nonsense is a temporary blip that no-one will care about 6 months down the line.  My guess is that the team is working on a way to future-proof the network against future ASIC control by enabling protocol changes through updates that defeat hardware ASICS (and nicehash) but without having to go so far as to implement hardforks.  Perhaps it is an impossible dream but that is what I am waiting for.
full member
Activity: 420
Merit: 184
...
I am still waiting to hear how the developers intend to solve the problem of scalability with regard to the energy use for any proof of work network.  I have asked that question a couple of times on this message board, and I have also asked it in private correspondence with the team, and have yet to hear any answer.


That's because there is no answer: the dramatic increase in network hashrate strongly suggests, if not outright proves, the theory that miners will deploy hashrate up to the limit of their available power, so "more efficient" miners like ASICs don't lower energy use, they just increase the network hashrate (and therefore the difficulty). It's a situation where nobody but the ASIC miner manufacturers win.

full member
Activity: 420
Merit: 184
Network HR at 371 now - impressive  Shocked

Can't wait to see what will happen after next big update - I hope it will go Nicehash proof too as IPBC has done, so Dero can be properly returned to the community that has supported it.

This is too depressing to follow anymore, and the situation was made even worse by the announcement of the Z9 Equihash ASIC which will make it totally impractical to mine another of my favorite coins, ZenCash. I'm seriously considering either buying a Z9 and joining the dark side, or else selling off most of my GPUs and quit chasing these Quixotic projects that say they stand for one thing only to get Rick-Rolled by an ASIC a few weeks/months later.

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