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About Dero (DERO)
Dero is a general-purpose, private, and scalable decentralized application platform that enables developers to deploy robust and unstoppable applications while users still have total control and privacy over their assets.
For added privacy security, Dero combines proof-of-work and DAG block structure technology. Directed Acyclic Graph (DAG) is a database connecting various pieces of data.
According to its whitepaper, the main goal of this network is to develop one-of-a-kind cutting-edge blockchain technology.
It improves privacy, reliability, usability, security, and portability by utilizing smart contracts and CryptoNote protocol technologies. CryptoNote is an open-source protocol that allows for greater privacy in crypto transactions, and users of these technologies can also create Private Smart Contracts.
Dero Features and Updates
Below are some of the features that make Dero very unique and innovative:
Homomorphic Encryption Blockchain
The blockchain never decrypts account balances or data, and only account owners have access to and can decrypt their data.
Created From Scratch
DERO was built from the ground up in Golang and is still being actively developed by the original developers, and it is not a fork in a different coin.
Secure and Private Smart Contracts
DERO is a homomorphically encrypted protocol that provides fast and anonymous transactions, smart contracts, and a service model to individuals and businesses worldwide.
Dero Team
Dero was founded in December 2017 by a group of three full-time Developers. Each core team member has over a decade of cryptography experience and several years in blockchain development.