Topic: [ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts - page 91. (Read 123199 times)

I'm sorry you feel that way. I prefer to look at it as protecting what we've all invested our time and hashpower in versus short term profits. When we provide more updates in the future, including our technical paper, this should be much more clear.

When people look back at this period in time and look to all the networks being attacked, I'm certain that people will truly be able to appreciate how hard our team is working to provide what we consider to be the most resilient blockchain anywhere to date.

I've got more than 100 KH/s (CryptoNight) and I'm not a fan of ASICs either, but I have information about what's actually happening with these attacks and what the Dero research and development team are working on is 100% important.

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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.

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• 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

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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.

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• 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

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• 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).

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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://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

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


Shifting from alpha to beta: CryptoNote with smart contracts

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Support

this is bullshit, you are killing gpu mining, look at actual hashrate and what it was 2 weeks ago. Your community is gpu miners not chinese asics farms.Go ahead that way and DERO is dead

Honestly, this thread has been bumming me out, I’ve been a staunch supporter of Dero for months now and used to love the community’s helpful, synergistic vibe. I used to visit this thread and the Dero forum multiple times a day, but find myself coming less and less. The holier-than-thou approach of the team to an outpouring of disappointment from their early supporters and the toxicity that breeds has killed what I used to love coming to this community for.

I think I’m going to look for another project to join and back. Not sure I can keep going with this community in its current state.

Not to mention cloud mining, when someone spins up a large number of cheap VMs.

Well, I hadn't thought by your view point before. And it makes sense.

GPU rig can have 8-12 GPUs. I have no idea how to do rig with same amount of CPUs. If each one need his own motherboard and ram... Then that type of mining is sucks. I only know server motherborads with 4 cpu, but it have especial socket (very limited models of CPU can be placed) and can't be upgraded in future. Very uncomfortable and annoying perspective. There will be very small amount of real miners and supporters in way like that. Only botnets... I think it more bad than even asics

On behalf of the Dero team, I want to let you know that making anyone feel this way is not the intention, and in fact what we're doing is exactly the opposite.

I feel it's important to step back for a moment to look at the larger situation as a whole. Many projects that had set fork dates for ASIC-resistance had to push their updates sooner because their networks were being attacked.

Dero has taken it's own approach since day 1. In this case, we feel it's critically important to protect the security, reliability, and robustness of Dero's network to protect everyone's efforts to date. What Dero is doing is looking at the issue from a different perspective and fixing the underlying problems before addressing what exacerbated them.

I strongly feel that when people look back through these posts in the future, they will see that Dero wants the most secure and safest network possible. We will always work very hard to protect our community but you're comparing a critical issue to one that is important, but less critical.

I have been mining Dero myself for 4 months, and so I can understand that ASICs are not ideal. People won't invest in something that is not secure, and they will remember security issues for a long time. It is the miners like you, and I who are effected in the short term, however, in the long term fixing critical issues and prioritizing properly is good for anyone who believes in the Dero Project.

You grossly over calculated the amount of dero ASICs have. Also, GPU miners have been mining for months. There is no way ASICs have 99% of the supply.

very true, gpu companies should have mining kill switch.


Dero is already under valued by several times. Just wait and watch Dero atlantis blockchain 4.0 to come live.  Truly decentralization now as many without mining equipments can buy dero.

Yes, dero would have good technology in future. But righr now asic take 99% reward from them, and hashrate 30-40MH allowed them to make ROI all asics for a one week. Really insane. Dero buyers need be carefull in near future, before asic not exit from DERO, you need to have maaaaany $ to feed asic miners. They digging for 1cent and then sold dero at 75cents. 7500% ROI. I just thought they would resolve those problem with week or few week. But asics already about few weeks(or more) on dero network. . If earlier they take only 50-70%, now it's absolutely 99% holders of dero. I wish good luck dero project, but today you show your back to community and investors, unfortunately :-(. And price look like somebody manipulate already. 30-45 days ridiculuos time to change this situation, because it would be about 150-200K coins to asic owners if 30-45days would continue development. Argh

To be honest with you, my dream is that all PoW cryptocurrencies could be only CPU mineable (I personally don't like GPU mining, and, evidently, neither ASIC).

Bitcoin 1.0
Etherium 2.0
Cardano, Neo, Icon etc. 3.0
Dero is seen by some as 4.0 or 4th gen blockchain technology

What does 4.0 means?

I think this project will be a success and a new step in the 4.0 technology era

That's comparing a PoS system vs PoW (apples and oranges)

Yes, 2 sec block time with 3k TPS was announced by someone else other than dero developers 3 years ago. Is it still a joke for you ?

PS. Dero is DPOW what means delegated to ASICs miners. For other ''members of community'' the only way is to buy Dero on exchange (same as BitShares).

Dero is POW and on private CryotoNote chain. Bitshare is DPOS and public chain.

I just used the term crybabies because it is NOT healthy criticism to bring it up in the fashion that they do. Healthy criticism is welcome, FUD is not.

BitShares has 2 secs block time and proven 3k TPS with 100k TPS theoretical.