Cryptocurrency Q&A
What is dero coin?
What is dero coin?
Leonardo
Mon Oct 28 2024
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5 answers
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DERO is a cryptocurrency that focuses on enhancing privacy and smart contracts, while maintaining transparency and security of the blockchain. It combines features from Monero, Ethereum, Nano, and Beam, aiming to be a unique blockchain technology with improved reliability, privacy, security, usability, and portability.
5 answers
DondaejiDelight
Wed Oct 30 2024
The blockchain of Dero is decentralized, meaning that it is not controlled by a single entity. Instead, it relies on a network of participants to maintain and update the ledger of transactions.
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EchoSoulQuantum
Wed Oct 30 2024
Dero utilizes the CryptoNote protocol, which is known for its high level of security. This protocol helps to protect the privacy of users and their transactions on the network.
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DongdaemunTrendsetting
Wed Oct 30 2024
With the CryptoNote protocol, Dero has access to advanced privacy features. These features allow users to conduct transactions in a way that hides their identities and the amounts involved.
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Chiara
Wed Oct 30 2024
In addition to privacy features, Dero also benefits from smart contract controls that are common in Web3.0 cryptocurrencies. These controls allow for the creation and execution of automated contracts on the blockchain.
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Claudio
Wed Oct 30 2024
Dero is a cryptocurrency that operates with a Proof of Work (PoW) algorithm. This mechanism ensures the security and decentralization of its blockchain network.
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