Dero is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions. The fully distributed ledger processes transactions with a twenty-seven average block time and is secure against majority hashrate attacks. Dero will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.
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. The network migrated to the innovative new DERO Atlantis blockchain on June 27th, 2018 as well as implementing a brand-new type of blockchain DAG. The block height was 95550. DERO switched to a new mining algorithm AstroBWT on Mar 6th 2020 giving DERO a 27 second block time with a 4.5 minute confirmation time. Approximately 3200 main blocks are emitted each day.
Proof-of-work (PoW) algorithm: AstroBWT
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
Dero l A privacy coin YOU CANNOT MISS!!
October 3, 2021