Dero (DERO)

-1.99 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

237027>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

97803069>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

12,677,351.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

18,400,000.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

20,999,999.00
Low High
Week Month Year All Time
High

Jan 19 2023

4.531790419871
2.39%

Jan 15 2023

4.805449400847
-3.44%

Feb 27 2022

14.071656973946
-67.03%

Oct 10 2021

-82.94%
Low

Jan 19 2023

4.531790419871
2.39%

Jan 08 2023

3.86556875145
20.03%

Jul 05 2022

2.695623640425
72.13%

Mar 13 2020

1,773.59%

Market

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Coin
Dero
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Coin Info

Dero is the first cryptocurrency project to combine a proof-of-work blockchain with a DAG block structure and completely anonymous transactions. It wants to be a huge step up from privacy coins like Monero (XMR) and Z-Cash (ZEC). Dero plans to do this by taking the best parts of each consensus mechanism and putting them together.

Its implementation uses the DAG network of blocks, which is made up of main blocks and side blocks, to build a main chain. Side blocks add to the security of chain proof-of-work, making it impossible for traditional 51% attacks to work. Unlike most blockchains, Dero thinks of the transaction, not the block, as the smallest unit of computation. So, blocks on Dero can have duplicate or double-spent transactions, but the client protocol filters them out and the network doesn't care.

In plain English, Dero is supposed to be able to combine the security and decentralisation of a proof-of-work blockchain with the scalability and transaction speed of DAG technology. Dero's goal is to make a blockchain network that can be used by businesses and people all over the world. This network would support safe, fast, and anonymous transactions as well as the execution of smart contracts.

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