/biz/ - Business & Finance

DERO HE Features

1.Homomorphic account based model [First privacy chain to have this.]
2.Instant account balances[ Need to get 66 bytes of data only from the blockchain].
3.No more chain scanning or wallet scanning to detect funds, no key images etc.
4.Truly light weight and efficient wallets.
5.Fixed per account cost of 66 bytes in blockchain[Immense scalability].
6.Perfectly anonymous transactions with many-out-of-many proofs [bulletproofs and sigma protocol]
7.Deniability
8.Fixed transaction size say ~2.5KB (ring size 8) or ~3.4 KB (ring size 16) etc based on chosen anonymity group size[ logarithmic growth]
9.Anonymity group can be chosen in powers of 2.
10.Allows homomorphic assets ( programmable SCs with fixed overhead per asset ), with open Smart Contract but encrypted data
11.Allows open assets ( programmable SCs with fixed overhead per asset )
12.Allows chain pruning on daemons to control growth of data on daemons.
13.Transaction generation takes less than 25 ms.
14.Transaction verification takes even less than 15.25ms time.
16.No trusted setup, no hidden parameters.
17.Pruning chain/history for immense scalibility[while still secured using merkle proofs].

Example disk requirements of 1 billion accounts ( assumming it does not want to keep history of transactions, but keeps proofs to prove that the node is in sync with all other nodes)
Requirement of 1 account = 66 bytes
Assumming storage overhead per account of 128 bytes ( constant )
Total requirements = (66 + 128)GB ~ 200GB
Assuming we are off by factor of 4 = 800GB
Note that, Even after 1 trillion transactions, 1 billion accounts will consume 800GB only, If history is not maintained, and everything still will be in proved state using merkle roots. And so, Even Raspberry Pi can host the entire chain.

18.Senders can prove to receiver what amount they have send (without revealing themselves).
19.Entire chain is rsyncable while in operation.
20.Testnet released with source code.