“What made your team decide to launch another coin back in late 2017? What was wrong with the status quo in DERO’s opinion?”

While many projects in 2017 were hyping new protocols, privacy seemed to be an afterthought. Many projects have also struggled to implement privacy in an effective way still to date. At the time there did not exist a practical system that focused on privacy, security and scaling, especially one that could provide such features with privacy-focused decentralized application execution.

We also observed that every new notable feature or system was almost immediately forked away for a quick profit while the tech would suffer. The first to market mentality comes with its own set of pitfalls in crypto. Some institutional investors, social media influencers, and exchanges had also replaced the core values of crypto with hype machines in pursuit of profit. Our belief that privacy is a right and the many observations about the industry at the time, led to the creation of the DERO Project from the ground up.

“DERO’s tagline reads “The World’s Fastest Anonymous Blockchain”, that’s a very bold statement, to say the least. What makes you so confident?”

Our official tagline is actually “Privacy together.” We will take the mantle of having the “world’s fastest anonymous blockchain” if the general consensus continues to allow it, but so far it seems to be true. Our confidence is mirrored through the deployment and stability of our protocol. The Atlantis release, which featured our BlockDAG architecture, enabled us to dramatically reduce block generation time to an average of 12 seconds. This means that with wallet-to-wallet transactions, you will see unconfirmed funds added to your wallet in a matter of seconds.

With the addition of private smart contracts, we will see transaction settlement in kind. We consider this a notable advancement in the industry that allows us to keep up with public protocols and business needs, despite the massive computational load that is required for privacy-preserving mechanisms.

“Being a DAG focused project, what sets DERO apart from its competitors besides the privacy aspect?”

First, DERO employs the use of a BlockDAG, which is a permissionless proof-of-work (PoW) blockchain and Directed Acyclic Graph (DAG) hybrid.

We are not aiming to dethrone any competitors since we believe that more development in this industry is needed to promote growth and to explore new ideas. As our goal is to deploy a general-purpose platform, we hope to leave the spirit of competition in the hands of decentralized application developers that will be using our platform. We would also like to limit the buzz words and instead share a little bit about what has been delivered already.

Some of our accomplishments to date:

January 18th, 2018

Rewrote CryptoNote protocol in Golang

Rewrote CryptoNote protocol in Golang June 27th, 2018

Released DERO Atlantis to mainnet, a BlockDAG with P2P encryption, 12 second block time with no orphaned blocks, double-spend immune, and 51% attack resistance.

Released DERO Atlantis to mainnet, a BlockDAG with P2P encryption, 12 second block time with no orphaned blocks, double-spend immune, and 51% attack resistance. October 27th, 2018

DERO Browser Wallet release, a web assembly wallet the completes all encryption in the client browser.

DERO Browser Wallet release, a web assembly wallet the completes all encryption in the client browser. January 7th, 2019

Released DERO Stargate to testnet, including the DERO Virtual Machine and fully-functional smart contracts.

Released DERO Stargate to testnet, including the DERO Virtual Machine and fully-functional smart contracts. June 27th, 2019

First to release Bulletproofs on mainnet with original and optimized cryptography.

Our commitment to providing a secure and stable environment for deploying next-gen applications is what sets us apart and motivates us.

“As you mentioned before; DERO is based on the CryptoNote protocol. How does this protocol enable you to achieve DERO’s development goals?”

The CryptoNote protocol is one of the best that exists in the market, it’s private enough and doesn’t require a trusted setup. From the perspective of our developers, the only improvement to the CryptoNote protocol, would be the addition of Fully Homomorphic Encryption (FHE).



In that spirit, we will be releasing Fully Homomorphic Encrypted Smart Contracts (FHE-SC) in the coming months.



Below is a list of features that work together with the CryptoNote protocol to protect user privacy, provide transaction scaling, and protect against common attacks:

BlockDAG Structure

No orphan blocks or soft-forks. 51% attack resistant.