What is DERO?
A Decentralized Application Platform
DERO is as a versatile decentralized application platform prioritizing privacy and scalability. Developed entirely in Golang by its original creators, DERO's uniqueness lies in its innovation, security, and privacy-focused architecture.
Privacy-Preserving Features
Technical Specifications
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Layer 1 Private Decentralized Application Platform
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Fully Encrypted Blockchain
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Fully Auditable Supply
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18 Second Blocktime
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Same block/instant confirmation
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No Soft Forks/Chain Splits
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SSL/TLS UDP P2P Network
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No Orphan Blocks
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Homomorphic Encryption Protocol
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Native dApp Support
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Written from Scratch in Golang
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1.25 MB Block Size
Cryptography
- Bulletproofs: Implements zero-knowledge range-proofs for enhanced privacy.
- Cryptonight Hash: Ensures equal footing for all miners through a memory-bound algorithm.
- AstroBWT: A cryptographic mining algorithm leveraging the Burrows-Wheeler Transform (BWT) for enhanced data reordering and compression
- Homomorphic Encryption and Multilayered Linkable Spontaneous Anonymous Group (MLSAG): Enhance privacy and validate transaction amounts securely.
Tokenonmics
Stargate brings with it a conversion to the Bitcoin emission model. The max supply changed to 21 million coins and there will be a halving every 4 years.
- Ticker: DERO
- Max Supply: 21 Million
- Mining Algorithm: AstroBWT
- Block Reward: 0.0615 (Halving every 4 years)
- Atomic Units: 5
- Difficulty: Retargets at every block
Mission
The 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. These technologies will allow for the creation and execution of decentralized applications on a secure private blockchain.
Dero Foundation
The DERO Foundation aims to provide support for the advancement of the DERO Platform and supporting the DERO Community to integrate decentralized privacy systems and standards within the blockchain ecosystem. This will help with the creation and deployment of private decentralized applications, payment systems, services and tools.
To Our Community
From the trolls to the most stalwart, from the moderators to the developers, we thank you for joining us on this journey and for your continued support. It has been quite an adventure and there are many more to come. Continue to spread the word so that we may attract like-minded individuals that will build by the people, for the people. Let’s bring DERO to the masses.