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