Introducing DERO – The Future of Private Smart Contracts [VIDEO]

There’s no shortage of problems with ETH, but the lack of privacy is the primary concern with Ethereum, along with its slew of competitors.  They’re essentially systems for “dumb contracts,” not smart contracts. 

Who wants to get subjected to financial voyeurism

Censorship resistance requires privacy by default, especially for DAOs (Decentralized Autonomous Organizations).

Of course, Bitcoin SV claims to be able to do everything Ethereum does.  In its original design at scale, Bitcoin SV aims to challenge Big Tech and reinvent the internet using the miners as the backend of apps and businesses. 

The blockchain is a pseudonymous ledger that functions like an honesty machine. 

However, this essentially makes Bitcoin and Ethereum transparent surveillance coins, and we don’t live in a world where privacy is unnecessary. 

Thankfully, we have Monero (XMR) and Pirate Chain (ARRR) for private, fungible digital cash. These aim to be the best money in the world. 

Yet, what if we had privacy built into a smart contract platform?  I believe DERO is to Ethereum what Monero is to Bitcoin. 

Imagine if all your data, balances, and transactions were always encrypted, forever.

Imagine if both parties involved in a transaction could verify and process everything without any requirement of seeing each other’s balances or decrypting each other’s data.  No one but you, or anyone you authorize can see your balances.  Welcome to DERO Homomorphic Encryption

Launched in December 2017, DERO is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and completely private transactions. 

The mission statement of the DERO Foundation is to create a sound monetary framework that will globally safeguard the privacy of all its users and empower free markets to thrive while maintaining complete auditability. 

DERO will be the first private blockchain to have smart contracts on its native chain without extra layers or secondary blockchains. 

Private smart contracts and services have now launched on the testnet, with the mainnet launch coming very soon. 

The DERO Foundation recently presented its groundbreaking software technology at The Crypto Vigilante Summit 2021: Battle of the Coins

In addition to transferring value on the DERO network, you can send private messages, sell your products and services, and create and launch tokens, assets, and exchanges. 

All of this is possible without any partnership or permission and includes the best privacy and 750 TPS on the base layer, with no special hardware required. 

Enjoy DERO Foundation’s TCV Summit presentation: 

Watch on: Odysee | Rumble | YouTube | 

Since DERO allows applications to be built on it, some test cases have included a decentralized email exchange and a VPN.  The DERO community even hosts the Decentralized Architecture Competition Series (dARCH), which rewards developers for building tools. 

DERO is alien technology from the future.  With this effort, we can now see the foundations of alternative governance and Lex Cryptographia

We’re gonna make it.

All TCV Summit videos can be purchased here: 

Anarchapulco 2022 tickets are on sale!  Join us in Acapulco in February for the world’s premier liberty event. Tickets include shuttles to and from the conference, breakfast, lunch, and an open bar.  There will be epic parties, sunny beaches, and amazing people. 

Use coupon code VIGILANTE for 10% off here:

The Crypto Vigilante (SUBSCRIBE) is the premier financial newsletter specializing in crypto asset markets.  The Crypto Vigilante provides its members with unparalleled technical analysis and fundamental analysis on crypto assets, as well as education on privacy and operational security.

Rafael LaVerde

Rafael LaVerde has a background in private equity and venture capital. He discovered Bitcoin in 2012 while volunteering on Ron Paul's presidential campaign. He served as board member of a Libertarian Super PAC while doing post-graduate work in economics, and was also a member of the University of Texas’ Mises Circle. His formal education includes graduate degrees in continental philosophy and psychology. He has been a Bitcoin miner since 2014. Rafael also managed investor relations for the BitAngels Network, which helped finance the vast majority of early Bitcoin startups, and was also part of the DApps Fund team that revolutionized funding structures that eventually became known as ICOs and STOs. He was also the founding partner of what became one of the very first Bitcoin venture capital funds.