Dero to USD Price Chart

Dero Statistics

Market Rank	#1477
Market Cap	$ 15.2M
Volume 24h	$ 58.0K
Circ. Supply	12.7M
Total Supply	18.4M
Max Supply	21.0M
Genesis Date	5/12/2017

What is the current price of Dero (DERO)?

As of today, the current price of Dero (DERO) is $ 1.20. Over the last 24 hours, it has increased by +2.28%.

Can you explain what is Dero (DERO)?

Dero (DERO) is a multi-purpose, decentralized application platform that places an emphasis on user privacy and sovereignty. Designed to host unstoppable applications, Dero empowers users with complete control over their assets while maintaining complete privacy. All Dero transactions, including those interacting with smart contracts, are encrypted using a unique homomorphic encryption scheme known as DERO-HE.

Who is behind Dero?

The creators of Dero are a team of cryptographers, developers, and privacy advocates. They aim to revolutionize digital asset handling with a sound, privacy-focused monetary framework. The team preserves privacy across the Dero network by using the DERO Homomorphic Encryption Blockchain Protocol (DHEBP).

How does Dero operate?

Dero operates through its unique Stargate protocol, which is built upon the first homomorphic encryption blockchain protocol. This means that Dero's network activity is never decrypted by anyone other than the owner of the assets. It achieves this through the use of a new and unique homomorphic encryption scheme, DERO-HE, and the underlying Dero Homomorphic Encryption Blockchain Protocol (DHEBP).

What are the key features of Dero?

The Dero platform has a host of features designed for usability and efficiency. Dero account activity is secured using a homomorphic encryption scheme. It offers human-readable addresses or usernames, making it easier to use Dero. Additionally, it provides quick and easy coin and token balance syncing with support for public and private token smart contracts.

Dero also touts a fast transfer settlement time of approximately 18 seconds (1 block) and supports web socket connectivity with decentralized applications. Add on to this a fixed supply with halving and support for blockchain pruning (light nodes), and you get a comprehensive list of the Dero Project's offerings.

How is security maintained in the Dero Network?

On the Dero network, security is maintained using an efficient and decentralized proof-of-work mining system. By utilizing this, Dero ensures the integrity and safety of the blockchain, preventing any possible attacks. Additionally, Dero employs homomorphic encryption to keep users' account information and transactions secure and private.

What is the market capitalization and supply status of Dero?

The current market capitalization of Dero is $ 15.2M, making it the #1478 most valuable cryptocurrency. The circulating supply of Dero is 12.7M, whilst the total supply is 18.4M.

How can one purchase Dero (DERO)?

Dero (DERO) is available on several digital currency exchanges, each providing the option to purchase Dero using various payment methods. A list of these platforms can be found at TradeOgre, CoinEx, KuCoin. However, always remember to do your due diligence before buying or trading any digital asset.

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