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Dero.io
The World's Fastest Anonymous Blockchain
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NEW DECENTRALISED DAG BLOCKHAIN
Developed from scratch to support millions of users with enhanced reliability, privacy, security, and usability. No one can see your balances and transactions except you on DERO blockchain.
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CREATED FROM SCRATCH
DERO project has been developed from scratch in Golang and is being actively developed by original developers.
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SECURE, PRIVATE SMART CONTRACTS
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.
Why Dero?
DERO is the industry leader with innovation and features DeroDAG technology, Bulletproofs and a TLS encrypted network
Fast Transactions
Technology Leader
Privacy by Design
DeroDAG Blockchain with Bulletproofs
51% Hashrate Attack Immune
Fully Encrypted Blockchain
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GET STARTED TODAY
DOWNLOAD YOUR DERO WALLET HERE
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About Dero
An initial premine of 2 000 000 Dero was established on network launch, which is not currently part of the circulating supply. This premine will be used to finance development and marketing. When the network migrated to the innovative new Dero Atlantis blockchain on June 27th, 2018 the block height was 95550. Approximately 2 740 000 Dero coins were in circulation at this time. Following the switch to Atlantis, which reduced the block time from 120 seconds to 12 seconds, as well as implementing a brand-new type of blockchain DAG, approximately 7200 main blocks and 4000 side blocks are emitted each day.

Proof-of-work (PoW) algorithm: CryptoNight
Max supply: 18.4 million followed by an infinite emission rate of ~157,000 DERO/year
Block reward: Smoothly varying
Difficulty: Retargets at every block
Ticker: DERO
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Dero dag
DERO Atlantis combines the Cryptonote protocol with directed acyclic graph and Bulletproofs
DERO DAG implementation builds outs a main chain from the DAG network of blocks which refers to main blocks (100% reward) and side blocks (8% rewards). Side blocks contribute to chain PoW security and thus traditional 51% attacks are not possible on DERO network. If DERO network finds another block at the same height, instead of choosing one, DERO include both blocks. Thus, rendering the 51% attack futile.
Traditional Blockchains process blocks as single unit of computation(if a double-spend tx occurs within the block, entire block is rejected). However DERO network accepts such blocks since DERO blockchain considers transaction as a single unit of computation.DERO blocks may contain duplicate or double-spend transactions which are filtered by client protocol and ignored by the network. DERO DAG processes transactions atomically one transaction at a time.
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DERO ROCKET BULLETPROOFS

Ten Times Faster Than Regular Bulletproofs.
While a typical Bulletproof takes ~15 ms to verify, Dero’s Rocket Bulletproofs only take ~1.5 ms.

Bulletproofs are a cryptographic technique that reduce the space needed for zero-knowledge range proofs in anonymous transactions. In anonymous transactions, the exact amounts are hidden, but the network still has to make sure that the transaction is valid (e.g. no coins are generated out of thin air).

For this, commitments to values are used in anonymous transactions. The most important one is the Pedersen commitment, which proves that the outputs of a transaction are not larger than the inputs. However, there is a method to fool the Pedersen commitment by using very large numbers for the transaction outputs that lead to overflowing. To avoid this, range proofs are used, which prove that the outputs lie in a certain range of values.

Range proofs have a size of ~4 kilobytes for 64 bits of precision, with Bulletproofs the proof size is only 672 bytes, which greatly reduces the blockchain size.

But not only the size, also the speed of the verification of the proof is important as transactions are processed by the network. For this, the Dero team studied the existing Bulletproof implementations and managed to increase the performance by a factor of ten.

The Dero engineers achieved this by optimizing the double-base double-scalar multiplications that are necessary for validating bulletproofs. Dero Atlantis uses pre-compute tables to convert 64*2 Base Scalar multiplications into doublings and additions.

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TLS-SECURED P2P NETWORK

The Dero Project is building a blockchain network that will be used by thousands of businesses across the globe. Therefore, the security of the network is of highest importance. Unencrypted communication via HTTP posses a risk for privacy, security and integrity of the network participants. Dero is the first blockchain project to use TLS encryption for its network communication, which protects the network participants from eavesdropping and tampering of network data.

TLS secures data transfers by using asymmetric encryption techniques to generate a shared secret key. The shared key is then used for the symmetric encryption of messages, which is faster than asymmetric encryption. The encrypted messages are unreadable for someone who is spying on the network.

The Dero team also keeps future large scale applications in mind, e.g. enterprise servers which handle thousands of clients per second. They are continuously working on making the network even faster to accomplish this goal. For the encrypted network, they performed benchmarks and ended up chosing ECDSA instead of RSA as method for key generation as it allows for a higher number of handshakes per second.

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The Dero Journey

Our Achievements so Far
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The project was launched in December 2017 comprising a team of three full-time Developers. The core team members each have over a decade of experience in crypotgraphy and blockchain development.

The first significant milestone was reached in March 2018 when the developers implemented a world-first: a complete re-write of the CryptoNote protocol in Golang. This programming language was chosen because it has a high degree of immunity to security vulnerabilities such as buffer overflows and dangling pointers.

In April 2018, the Dero network migrated to the Golang code base without a single second of downtime. The migration of the code base coincided with a number of sophisticated attacks on CryptoNote based coins. Dero core team studied how the attacks were implemented and designed a new type of blockchain that is resistant to 51% hashrate attacks and softforks.

The Dero project unveiled this new blockchain technology in June 2018, codenamed “Atlantis”. It combines the Cryptonote protocol with directed acyclic graph and Bulletproofs. However, these are not just any Bulletproofs, but what have been coined Rocket Bulletproofs, leading to blocktimes of just a few seconds. In a controlled environment, the Atlantis network can achieve blocktimes as low as three seconds processing a thousand transactions per second. A world wide testnet was launched with a nine-second blocktime which allowed for extensive tests of the new technology.

July 2018 saw the successful and flawless migration of the Dero network to the new Atlantis codebase with a twelve-second block time and two minute confirmation time. This is by far the fastest CryptoNote based blockchain ever deployed, with up to 75 transactions per second. 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.

With a ground-breaking minimum viable product established by August 2018, just eight months after conception, the Dero team initiated applications for listings on major exchanges. A bold new marketing initiative is in the process of being established, with a primary focus on professional and business users and developers. An advisory team drawn from and representing the wider Dero community has been formed, and a new Dero Foundation that will support the aims of the Dero Project is in the process of being formed.

Private Smart Contracts have now launched with DVM on our testnet and these will be live on the Dero mainnet in Q1 2019.

View our future Roadmap Roadmap

Dero Specs

Dero Network Specifications
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12 Second Blocktime
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2 Minute Confirmation Time
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DAG Blockchain
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No Orphan Blocks
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No Soft Forks
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SSL/TLS P2P Network
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CryptoNote: Fully Encrypted Blockchain
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Bulletproofs NIZK
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Ring Signatures
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Fully Auditable Supply
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Written from Scratch in Golang
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1.25 MB Block Size

DERO Mining

To mine DERO you will need a wallet address. Please visit https://derowallet.io and create a DERO wallet and save your seed in a safe place.

You will also need to download mining software, which can connect your mining system to DERO network and the DERO mining pool.

DERO is currently mineable with a x3 Cryptonight ASICs, for help using an X3 ASIC go to: - https://support.bitmain.com/hc/en-us/articles/360002075033-Antminer-X3

Please see below list of mining pools that support DERO mining.

Exchanges

DERO is currently available on the below exchanges.
We will be bringing more options for exchanges in the coming months.
exchanges
Partner Exchanges
Cryptobridge
Trading Exchanges
tradeogre
stex
crex
bitalong
southxchange
bitalong
Roadmap
roadmap
DEC 2017
Launch of Dero Project
March 2018
Implementation of the CryptoNote Protocol in Golang completed
April 2018
DERO mainnet migrates to the Golang implementation
June 2018
DERO Atlantis development completed and testnet launched
July 2018
Mainnet migrates to Atlantis code base with 12 secs block time and Rocket Bulletproofs
August 2018
Application for listings on various exchanges, Marketing and expansion starts in parallel
Q4 2018
DERO Smart Contracts on testnet, Partnerships, Enhancements, Marketing etc.
Q1 2019
DERO Smart Contracts on mainnet
Future
Keep on innovating

Downloads

We Have Builds For Windows, Linux, And Mac.
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Contact Dero

Any question? Reach out to us and we'll get back to you shortly.