Dero $DERO

  • Key feature:  Private Smart Contract, Privacy Coin(similar to monero)

  • Twitter:  https://twitter.com/DeroProject

  • *No ICO. Premine total:* 2 million Dero(~10% of total supply. 5% DEVS + 5% Community funds. Premine gets unlocked in steps in 4 years.)
    “Dero has no ICO, or community funding of any kind. A premine was deemed to be necessary for the long term development and success of the project.”

  • Programming Language: Written from Scratch in Golang.

    • A complete re-write of the CryptoNote protocol in Golang.
    • Golang was chosen because it has a high degree of immunity to security vulnerabilities such as buffer overflows and dangling pointers.

  • Consensus Mechanism: PoW (Proof of work) + DAG

    • Proof-of-work (PoW) hashing algorithm:  CryptoNight
    • *PoW +DAG consensus* combining a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions.
    • As with any Proof of Work network, the Coin is emitted through mining, with each new block providing a specific but progressively diminishing reward.

  • Privacy Coin/Anonymous blockhain

  • **Dero Atlantis. **

    • *Atlantis* (Codename)is a new type of blockchain designed by dero team
    • It combines the  Cryptonote protocol with directed acyclic graph and Bulletproofs. ( *Rocket Bulletproofs,* leading to blocktimes of just a few seconds)

  • Blocktime:12 Seconds.

    • A relatively longer twelve second block time was chosen so that people in locations with sub-optimal network connectivity could still participate in the network.
    • The Dero team plans to reduce the blocktime further in coming years, as network infrastructure improves around the world.

  • *Private Smart Contract:* Dero is the  *first CryptoNote blockchain to have*  *smart contracts* on its native chain without any extra layers or secondary blockchains.

  • **The goal of the Dero project* is a blockchain network that can serve businesses and individuals around the globe, allowing for  *secure, fast and anonymous transactions and smart contract execution. **

  • Fully SSL/TSL encrypted network

  • Traded on:  Stex,  Tokok

  • Community: