Dero
DERO A general-purpose, private, and decentralized application platform that enables developers to deploy powerful and unstoppable applications; users retain full control over their assets and enjoy complete privacy. Our goal is to create a robust monetary framework that protects the privacy of all users worldwide and enables free markets to thrive under fully auditable conditions. Stargate is built on the first fully homomorphic encryption blockchain protocol. In short,DERO account activity on the network can never be decrypted by anyone other than the owner; all transactions on the network, including transactions with smart contracts, use a homomorphic encryption scheme. This is achieved through a new and unique homomorphic encryption scheme (DERO-HE) and the underlying DERO homomorphic encryption blockchain protocol (DHEBP). Stargate also features several convenient functions, including: - Homomorphic encryption account model - Human-readable addresses (usernames) - Efficient and decentralized proof-of-work mining - Instant synchronization of coin and token balances - Native token transfers through wallets - Support for public and private token smart contracts - Support for connecting to decentralized applications through network sockets - Transfers settle in approximately 18 seconds (1 blocks) - Blockchain pruning (light nodes) - Fixed supply with halving
Overview
DERO A general-purpose, private, and decentralized application platform that enables developers to deploy powerful and unstoppable applications; users retain full control over their assets and enjoy complete privacy. Our goal is to create a robust monetary framework that protects the privacy of all users worldwide and enables free markets to thrive under fully auditable conditions. Stargate is built on the first fully homomorphic encryption blockchain protocol. In short,DERO account activity on the network can never be decrypted by anyone other than the owner; all transactions on the network, including transactions with smart contracts, use a homomorphic encryption scheme. This is achieved through a new and unique homomorphic encryption scheme (DERO-HE) and the underlying DERO homomorphic encryption blockchain protocol (DHEBP). Stargate also features several convenient functions, including: - Homomorphic encryption account model - Human-readable addresses (usernames) - Efficient and decentralized proof-of-work mining - Instant synchronization of coin and token balances - Native token transfers through wallets - Support for public and private token smart contracts - Support for connecting to decentralized applications through network sockets - Transfers settle in approximately 18 seconds (1 blocks) - Blockchain pruning (light nodes) - Fixed supply with halving