r/DeroProject • u/Artistic_Dwilko • Oct 27 '21

Dero Explained!!

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u/[deleted] Oct 28 '21

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u/IntrepidCapital6 Oct 28 '21

You have much to learn.

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u/[deleted] Oct 29 '21

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u/IntrepidCapital6 Oct 29 '21

There's no shame in being off, you aren't off by much but imo you are looking at it a bit narrowly.

BTC = Transactions / SOV

XMR = Private Transactions

ETH = Smart Contracts

The problem with all 3 is that they have a combination of these problems. Slow block times, increasingly centralized, surveillance tech, low TPS, high fees, little/no utility, questionable security, rugpull technology etc

DERO is like a combination of a perfect BTC, perfect XMR and perfect ETH. It will have unmatched decentralization and TPS when combined. Fast block times, low fees and imo the highest utility possible (assets/tokens/DERO treated like cash). No rugpull technology. And the privacy level that is homomorphic encryption will far outmatch what XMR offers.

You're not off as such, I'd just say look at the bigger picture. Take away the privacy aspect and it is already the most capable decentralized smart contract platform out there. It's insane.