Dero

Dero is a cryptocurrency aiming to provide users with a private and fungible digital currency. It utilizes a novel privacy technology called Confidant, which is a blend of Ring Signatures and a custom stealth address system. This combination is designed to obscure transaction details, making it difficult to trace the origin, destination, or amount of any Dero transaction.

The Dero blockchain is also a Proof-of-Work (PoW) system, employing an algorithm called AstroBWT. This algorithm is intended to be ASIC-resistant, promoting decentralized mining by allowing more individuals to participate using standard hardware. Dero emphasizes decentralization and censorship resistance as core principles of its design.

Dero's development team operates with a focus on privacy, scalability, and security. The project aims to be a platform for decentralized applications (dApps) that benefit from its enhanced privacy features. Unlike many other privacy coins that rely on established cryptographic primitives, Dero has developed its own unique approaches to achieve its privacy goals. The long-term vision includes creating an ecosystem where users can transact and build applications with a high degree of confidentiality.