[ANN] DERO: DAG + Cryptonote + Bulletproofs + SSL + POW + Smart Contracts

[tataran1919]

You should mine the most profitable coins.
And you buy the coins you want.
You can get a lot of coins.
It is basic.
It is nonsense to request an algorithm change because you can not get target coins with mining.

[s90x]

Think I should switch from mining it until that update comes?

Yes, it's your gpu vs their asic. You will always loose. You can mine monero7 for now.

[danktron]

Think I should switch from mining it until that update comes?

Yes, it's your gpu vs their asic. You will always loose. You can mine monero7 for now.

Or you can choose to support the network by continuing to mine.     Apparently, that is poor business advice though.

[tf2addict]

https://twitter.com/Serena_fox_dero/status/995022548726374400

dero is thinking about dropping cryptonote from our protocol name.

We've redesigned EVERYTHING - databases, p2p protocol, #Consensus protocol, POW, Forking, Security, Scalability, etc.

Thoughts?

Is the new POW based on cryptonote? will it be GPU mineable from the start or only cpu?

The new PoW algo is built for 3 second blocks and we had to come up with something just for Dero. No orphans and we did some other interesting stuff to reduce blockchain bloat that is seen in fast PoW block chains

3 second blocks and no orphans.  Does anyone believe this?

[MagicSmoker]

Or you can choose to support the network by continuing to mine.     Apparently, that is poor business advice though.

So cryptocurrencies are worthy of our charity, now? I ask this (rhetorical) question because it costs me $0.86/day to run my 1.9kH/s cryptonight rig which would only bring in $0.30 in DERO...

Also, my rinky-dink 1.9kH/s would hardly be noticed on a >300MH/s network, so I think it's safe to say the DERO network isn't missing me too much.

Finally, keep in mind that EVERY crypto relies on small time CPU and GPU miners to get started; sine qua non. In my opinion, it is more a case of the coin having a responsibility to support us, rather than the other way around.

I long since gave up mining DERO, but I am somewhat hopeful that the Atlantis release will justify the choice to not fork off the CN ASICs. Consequently, DERO still has my support in the form of me not dumping my coins.

[dillony]

much complaining & nagging and nobody took notice how well dero withstand 300mh on its network?

[fellestreum]

much complaining & nagging and nobody took notice how well dero withstand 300mh on its network?

It's been topping 500 at times.

[NokyRed]

Monero and Dero lol its a Monero Copy?!

[danktron]

Monero and Dero lol its a Monero Copy?!

Yeah, you should move on to another project.

[danktron]

Or you can choose to support the network by continuing to mine.    Apparently, that is poor business advice though.

So cryptocurrencies are worthy of our charity, now? I ask this (rhetorical) question because it costs me $0.86/day to run my 1.9kH/s cryptonight rig which would only bring in $0.30 in DERO...

Also, my rinky-dink 1.9kH/s would hardly be noticed on a >300MH/s network, so I think it's safe to say the DERO network isn't missing me too much.

Finally, keep in mind that EVERY crypto relies on small time CPU and GPU miners to get started; sine qua non. In my opinion, it is more a case of the coin having a responsibility to support us, rather than the other way around.

I long since gave up mining DERO, but I am somewhat hopeful that the Atlantis release will justify the choice to not fork off the CN ASICs. Consequently, DERO still has my support in the form of me not dumping my coins.

This project doesn't owe you anything and dumping your coins will only hurt you.  You can choose to support the network or not.  It's okay to be a fairweather miner.  Like I said, it is your choice.

[danktron]

3 second blocks and no orphans.  Does anyone believe this?

Another quote for the books.

[krypt0id]

3 second blocks and no orphans.  Does anyone believe this?

Another quote for the books.

The FUD is strong with these young padawans.

[CorePrime95]

Will there be special mining software provided on the launch of Atlantis?

[danktron]

Will there be special mining software provided on the launch of Atlantis?

That has been asked several times on Slack/Discord/Telegram.  We will not have an answer until Atlantis is slated for release.  They have assured us that we will have ample time to set up our rigs before it goes live.

[tf2addict]

Or you can choose to support the network by continuing to mine.    Apparently, that is poor business advice though.

So cryptocurrencies are worthy of our charity, now? I ask this (rhetorical) question because it costs me $0.86/day to run my 1.9kH/s cryptonight rig which would only bring in $0.30 in DERO...

Also, my rinky-dink 1.9kH/s would hardly be noticed on a >300MH/s network, so I think it's safe to say the DERO network isn't missing me too much.

Finally, keep in mind that EVERY crypto relies on small time CPU and GPU miners to get started; sine qua non. In my opinion, it is more a case of the coin having a responsibility to support us, rather than the other way around.

I long since gave up mining DERO, but I am somewhat hopeful that the Atlantis release will justify the choice to not fork off the CN ASICs. Consequently, DERO still has my support in the form of me not dumping my coins.

This project doesn't owe you anything and dumping your coins will only hurt you.  You can choose to support the network or not.  It's okay to be a fairweather miner.  Like I said, it is your choice.

Do you have any clue what you are talking about?

Sure, keep mining Dero on your GPUs that are paying 1/10th of what you could be making.

[tf2addict]

3 second blocks and no orphans.  Does anyone believe this?

Another quote for the books.

The FUD is strong with these young padawans.

It's valid FUD until proven that they can do it.  I especially want to see how they overcome the "no orphans" problem. 

Anonymous developers, closed source, insane promises.  This is fine.  Keep up the (blind) faith.

[riskthebiscuit]

I started the wallet in the Tails OS, but I do not have synchronization with the network. How to specify the proxy of TOP nodes in the settings?
And tell me please, I understand correctly that DERO Atlantis will be an ordinary client? I would like to see a graphical interface, because for me it is much more pleasant than using a console 

What they said, although I will go one step further and say I have no freaking clue how to navigate a console at this point in time. A QT wallet would be great, but if not at least a mobile or web wallet perhaps? Anywhere but the exchange to store DERO please and thanks 

[MagicSmoker]

So cryptocurrencies are worthy of our charity, now? I ask this (rhetorical) question because it costs me $0.86/day to run my 1.9kH/s cryptonight rig which would only bring in $0.30 in DERO...

Also, my rinky-dink 1.9kH/s would hardly be noticed on a >300MH/s network, so I think it's safe to say the DERO network isn't missing me too much.

Finally, keep in mind that EVERY crypto relies on small time CPU and GPU miners to get started; sine qua non. In my opinion, it is more a case of the coin having a responsibility to support us, rather than the other way around.

I long since gave up mining DERO, but I am somewhat hopeful that the Atlantis release will justify the choice to not fork off the CN ASICs. Consequently, DERO still has my support in the form of me not dumping my coins.

This project doesn't owe you anything and dumping your coins will only hurt you.  You can choose to support the network or not.  It's okay to be a fairweather miner.  Like I said, it is your choice.

You seem to be taking a moral high ground of your own invention, because there is nothing noble about continuing to mine with a GPU/CPU when ASICs have been developed for that algo; you are merely contributing to global warming with almost nothing to show in return (in my case, around 0.11 DERO per day). In case you are tempted to persist in this line of argument, consider how many people still mine BTC with a GPU/CPU, for one very notable example. Arguing that I am a fairweather miner because I chose to put my GPUs to work on something far more profitable is analogous to calling a vegan a hypocrite for killing a mosquito... It might technically be true, but it's kind of a dick move to press such an argument.

Finally, I said I'm showing my support for DERO - in lieu of mining - by not dumping my coins, so saying that dumping my coins would only hurt me is a classic case of preaching to the choir.

[daniel.roman]

much complaining & nagging and nobody took notice how well dero withstand 300mh on its network?

It's been topping 500 at times.

I think we all noticed that. However, what you think is something good is actually the opposite. As an example, at the first months after the launch of the coin in the official pool there were more than 1000 miners per day, miners with GPU rigs and CPU. If you see now the official pool "http://pool.dero.live/" there are at least 118 miners per day and the hashrate is not bigger than 1 megahash in the pool. Hence, you have to analyze the risk that DERO network is facing, for wherever this ASICS are located are generating 322.59 MH / sec to the DERO network, and what will happen when they are gone? Do not misunderstood me I want them out of the network and return to GPU and CPU mining, but the questions here are. How the DERO team will make real miners come back to the network when the ASICS are gone? How many real miners are mining with ASICS? Is this really decentralization or is it a monopoly? I can think that the entire network is among between 15 – 25 people, for the company who sells the ASICS sell them in units of five or ten units per order.

As other examples compare these three coins that have cryptonite algorithm and crytonote protocol. Each one is different, I know is for example.

If you see the Monero network after 4 years has 480.33 MH / S, with a difficult of 57,640,036,162, the block is 1,573,597 and the reward per block is 4.63 Monero

If you see the HAVEN a coin that appears at the same time that DERO the network is 28.47 MH / S, with a difficult of 3,415,954,846, the block is 68,250 and the reward per block is 30.90 HAVEN, (I know there was a pump and dump in this coin, but that is another theme)

But, when you see DERO for the fault of ASIC the numbers are not logic, the network is 324.59 MH / S, with a difficult of 38,951,381,007, the block is 75,725 and the reward per block is 27.15 DERO.

In my opinion when DERO migrate to Atantis will have to give incentives to GPU and CPU miners to stabilize the network once and for all.

[daniel.roman]

much complaining & nagging and nobody took notice how well dero withstand 300mh on its network?

It's been topping 500 at times.

I think we all noticed that. However, what you think is something good is actually the opposite. As an example, at the first months after the launch of the coin in the official pool there were more than 1000 miners per day, miners with GPU rigs and CPU. If you see now the official pool "http://pool.dero.live/" there are at least 118 miners per day and the hashrate is not bigger than 1 megahash in the pool. Hence, you have to analyze the risk that DERO network is facing, for wherever this ASICS are located are generating 322.59 MH / sec to the DERO network, and what will happen when they are gone? Do not misunderstood me I want them out of the network and return to GPU and CPU mining, but the questions here are. How the DERO team will make real miners come back to the network when the ASICS are gone? How many real miners are mining with ASICS? Is this really decentralization or is it a monopoly? I can think that the entire network is among between 15 – 25 people, for the company who sells the ASICS sell them in units of five or ten units per order.

As other examples compare these three coins that have cryptonite algorithm and crytonote protocol. Each one is different, I know is for example.

If you see the Monero network after 4 years has 480.33 MH / S, with a difficult of 57,640,036,162, the block is 1,573,597 and the reward per block is 4.63 Monero

If you see  HAVEN a coin that appears at the same time that DERO the network is 28.47 MH / S, with a difficult of 3,415,954,846, the block is 68,250 and the reward per block is 30.90 HAVEN, (I know there was a pump and dump in this coin, but that is another theme)

But, when you see DERO for the fault of ASIC the numbers are not logic, the network is 324.59 MH / S, with a difficult of 38,951,381,007, the block is 75,725 and the reward per block is 27.15 DERO.

In my opinion when DERO migrate to Atantis will have to give incentives to GPU and CPU miners to stabilize the network once and for all.