/biz/ - Business & Finance

no github updates for 3 months, shitty downside chart

shit investment, get ZIPT instead

>>9483931
Still too shady. No clue of who the devs are and the premine is huge. Why are they taking so long to release the source code?

>>9483931
>I am challenging each and every one of you right now to FUD me on the DERO blockchain
It's closed source. Wow, that was easy.

>>9484640
>MUH, closed source

Everybody knows they'll release it. Try harder.

>>9484682
It's closed source so it's a piece of shit.
>No it's not.
Prove it. Wait, you can't because you can't review the code. lmao

>>9484034
> no github updates for 3 months
>>9484536
>Why are they taking so long to release the source code?

As stated in the last DERO Monthly Update, the DERO-Atlantis refactoring takes a little time to be completed. "Expect DERO-Atlantis to launch and completely operational in another 30-45 days". https://forum.dero.io/t/dero-monthly-update/446

Nothing abnormal here.

> No clue of who the devs are and the premine is huge
Indeed, devs are anonymous. As a lot of cryptocurrencies we're seeing in the top 20 now when they were young cryptocurrencies. For instance, don't tell me you knew who was developping Antshares when it started, nobody knew either.

The premine is not huge. This FUD has already been debunked multiple times, please DYOR about it, it is easy to find.

Source :
> Why Dero has a premine :
> 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.
> The Dero will be locked to various heights for the next 4 years and a portion of premine will be used for various community activities.
> All premine details will be available with complete transparency, and the viewkey will be documented here in coming days. The Cryptonote protocol can lock coins to various block heights.

>>9483931
The real pump was from $0.40 to $3.00

There's no more money to be made with DERO tbqh and I otherwise love the team

>>9484719

> Prove it. Wait, you can't because you can't review the code. lmao

Let me ask you something : How do you think people are reviewing executables and finding vulnerabilities (Windows, IE, Adobe products, ...) without any source ?

The answer is easy : We can their code without sources. It is called reverse engineering. Let me tell you I haven't waited for the sources in order to review their code, as potential vulnerabilities are easier to grab when none has the source.

Let me tell you something else : They are legit. The code is very good, I don't know who they are either but they absolutely know what they're doing. This is the reason why I invested in DERO. I am *not* going to wait until everybody knows how DERO is good for investing.

>>9484769

Congratulations for people who heard about DERO at such an early stage.
However, there is no way this cryptocurrency will stay at $3.00 with the current development going on. Feel free to disagree with me.

>>9484816
>We can their code without sources. It is called reverse engineering.
It's just easier when people release the god damn code. It establishes trust between user and developers/code. Cryptocurrencies need this sort of trust to work.

Once they release the code I'll begin to take this seriously (or not, if the code is shit).

Bump. I can see someone here bought a huge chunk of the sell orders. Don't FOMO my friend. There's still time for accumulating before people realize DERO is vastly undervaluated.

>>9484978

Fair enough. I understand your point of view. Please come back in a month then.

>>9484769
>5 million marketcap only
>no money to be made

>>9484816
Sorry but I'm not buying your bags.

Its a low risk high reward investment. For a few BTC you can get % of the total supply, its amazing being in a low cap coin that can explode any second

>>9485082
I don't have any bag. I invested a little in something I believe I will keep investing in during the next few months, regularly alongside the development progress.

Feel free to miss this chance though.

>>9485332
There's nothing special about it. Do you really think this is going to go to$800 or something? It's just another shitcoin. Be honest with yourself

>>9485369
Its probably the best shitcoin out there, they have serious devs. And if it goes to 80$ heck even 18$ you make a ton of money

Chart is showing huge spikes? Why?

>>9485468
accumulation

>>9485468
Low volumes for sale and every time a larger amount is for sale it gets bought even if its double the current price

>>9485515
Should I just list my coins a buck higher and rebuy in lower prices? If this happens again I can double my stack.

>>9485445
You don't even know the devs.

This is the only currency that gives us something interesting.
$ 3 with little popularity? When arrives atlantis, x3 insurance

>>9485767
Surely you said the same about btc in 2010

It will be fun to watch the cry when it reaches $500 in 2020.

>>9485983
There'll probably be a bigger gain in a shorter amount of time from another coin.

> You don't even know the devs.
Wrong, we only don't know their identity. However, you can talk with them on Slack whenever you want. They answer every single question people asks to them, technically speaking or not.

> There's nothing special about it.
There are definitely special things about DERO, including a Go implementation and a CryptoNote rewriting. Please read the whitepaper again in order the implication of such decisions.

> Do you really think this is going to go to$800 or something?
Not immediatly, certainly not. It takes time building an entire blockchain, let alone a community and partnerships. In the meantime, they're definitely building a good blockchain, and that alone is worth more than 3$.

> There'll probably be a bigger gain in a shorter amount of time from another coin.
Maybe. Maybe not. Nobody knows.

Pajeets are trying to make you buy ZIPT when this coin is leagues better. Only problem i see is the 500 tps

>>9486441
>Only problem i see is the 500 tps

For comparison, Ethereum is 15 tps.

All-in with Dero. My only regret is that I'm poor and cannot afford more.

>>9486503
but they are improving it with sharding and casper, right? that is the whole shpiel with zilliqa and some other coins

pajeet trap

I'll prefer to accumulate ENG

Im going to buy like 100 dero, worst case scenario i loose $250

I have 3.5k Dero Absolutely want 5k. This is the next Monero level moonshot

>>9483931
What makes this coin better than ENG? Genuinely curious not trying to FUD.

>>9486615
You are right. However it doesn't mean Dero cannot do any better than 300 TPS. It's only its early stage. Anyway, TPS is a flawed measurement, you can manipulate this data easily.

>What makes this coin better than ENG? Genuinely curious not trying to FUD.

There's nothing much to compare between ENG and DERO.

ENG is a utility token for accessing data in Enigma Catalyst platform, that will remain on Ethereum network as an ERC20 token.

DERO is a blockchain project written from scratch (not a fork) in Go language, the langage created by Google few years ago.

The focus is enhanced privacy and smart contracts while at the same time maintaining high security and transparency for the blockchain.

The aim is to ensure the creation of a unique and modern blockchain technology, which has better reliability, security, usability, privacy, and portability. To achieve this, the creators of this technology will bring together unique technologies such as Smart Contracts and the CryptoNote protocol. This will ensure the creation of *private smart contracts*.

This is a huge deal, as this concept is missing in the current cryptosphere.

All smart contracts on the DERO blockchain blockchain are going to run on DERO Virtual Machine. The DVM is a Turing Complete 256-bit virtual machine runtime environment created for DERO smart contracts. It has been created with the CryptoNote Protocol privacy and various other modifications.

Assets can be recorded and stored on the DERO blockchain. This will be done without having the identities and details of those involved. To achieve this, they will utilize subaddresses. However, it will still be possible to conduct an audit and verify the facts. Anything including land, property, and even car registration can be possible with DERO. With the enhanced privacy, owners will not have to worry about revealing intricate details about their personal lives.

This is in my honest opinion a token that matches well with what we need in real life, contrary to some popular coins. Open sourcing and transparency is awesome, but privacy in smart contracts must be developed. Anonymity isn't always enough.

bumpidibump

>>9487901
Beautiful.

>>9486615

Nano can't go more than 200 TPS avg, casper is PoS that mean centralized network with point of failure.

Dero it will be 500TPS avg in PoW (totally decentralized), 60 sec full confirmation, 3sec blocktime on good hardware (6-8 sec on lower device) and no orphan bloc = no more accidental fork.

>>9485369

> kek

If Devs delivers what they promise we gonna assist at one fucking big moonshot.

>>9488271
We really need an indepth chart comparing Dero to other projects like Monero, Sia, Enigma, etc.

>>9488502

Right.


| Dero | Others |
| ------- | ---------- |
| 10/10 | Shit |

Here you go

>>9489003
accurate

Dero actually beat their 3 second block time and hit 2 second pow blocks. They're adjusting to 6-8 seconds and can hit 2 second blocks in a real world test environment (go ask). It's awesome to see that they think of everyone so that people everywhere can be included

This has everything eth is missing for the next step