Instant account balances.ĭAG/MINIDAG with 1 miniblock every second Homomorphic account based model (Check blockchain/transaction_execute.go line 82-95). At present DERO has Smart Contracts on old CryptoNote protocol testnet. DERO will be the first Homomorphic Encryption based blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains. The fully distributed ledger processes transactions with a sixty-seconds average block time and is secure against majority hashrate attacks. DERO is industry leading and the first blockchain to have bulletproofs, TLS encrypted Network.ĭERO is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and fully anonymous transactions based on Homomorphic Encryption. Consensus algorithm is PoW based on DERO AstroBWT: ASIC/FPGA/GPU resistant CPU mining algorithm. Table of Contents ĭERO is decentralized DAG(Directed Acyclic Graph) based blockchain with enhanced reliability, privacy, security, and usability. For example, predictive analytics in health care can be hard to apply via a third party service provider due to medical data privacy concerns, but if the predictive analytics service provider can operate on encrypted data instead, these privacy concerns are diminished.ĭERO is pleased to announce release of DERO Homomorphic Encryption Protocol testnet.ĭERO will migrate from exisiting CryptoNote Protocol to it's own DERO Homomorphic Encryption Blockchain Protocol(DHEBP). In highly regulated industries, such as health care, homomorphic encryption can be used to enable new services by removing privacy barriers inhibiting data sharing. This allows data to be encrypted and out-sourced to commercial cloud environments for processing, all while encrypted. Homomorphic encryption can be used for privacy-preserving outsourced storage and computation. The result of the computation is in an encrypted form, when decrypted the output is the same as if the operations had been performed on the unencrypted data. Homomorphic encryption is a form of encryption allowing one to perform calculations on encrypted data without decrypting it first. It does not store any personal data.Explorer Source Twitter Discord Wiki Github DERO CryptoNote Mainnet Stats Mainnet WebWallet DERO HE The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly.
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