Welcome to
DeroGold

DeroGold is a digital assets project focused on preserving our life environment here on Earth. 

DeroGold aspires to solve problems such as circular economy in recycling, re-use of waste materials and how we can drive positive behaviour by rewarding people with digital assets for recycling. And build habitable floating islands.

For simplicity, we say we are the digital "Nectar Card for Recycling".

However, we are much more than that. We run our own privacy digital asset that allows people and organisations to send and receive our native digital coins called DEGO.  

300 Second Blocks

Since block 2,325,000 we slowed down our network to 300 seconds average block time

100 Trillion Total Supply

Aspiring to become a globally adapted project, we decided for 100 Trillion Total Supply. Currently mineable over the next 800 years. 

CryptoNight UPX/2

The algo we recently forked to at height 2,420,000 is CryptoNight UPX/2. Some of the other projects that use this IoT-friendly algo are uPlexa and WRKZCoin.

ASIC Resistant

ASIC mining and its negative impact was the mantra of the past 5-6 years in the digital assets world. Our algo is ASIC-resistant and our strategy is to minimize ASIC mining on our network.

Lite Blocks

Our LiteBlocks Technology allows the blocks to be as small as possible, while preserving all of our native privacy features. 

No Premine

We are a no-premine project. We believe in transparency and allowing a fair start for everyone who supports our project.

Proof of Work on Transactions

Every time a user submits a transaction via one of our walletes, or via API, a few rounds of Proof of Work verification is started. This ensures fair use of our network.

30M Transactions since Network Launch

Boy we can scale! Since the launch of our network in December 2018, we clocked over 30M transactions (28M excluding coinbase transactions)

DeroGold

About Us

We run this project together with a bunch of good friends. Our common interest is the nature, the environment and how can we help to preserve it for our future generations. Our aim for this project is to solve problems revolving around circular economy in recycling, re-use of waste materials. Our long-term goal is to create a prototype of a habitable floating island. We will document the island build. We will publish it to allow individuals and communities to take this further and to build their islands on open seas. We believe the long-term future for all of us is here on planet Earth. Two thirds of our planet is covered by Oceans. How about colonising our Oceans before we take go on extraterrestrial journey and colonise planets in our solar system and beyond?

Our Journey

2018: DECEMBER

We launched DeroGold in December 2018 as a TurtleCoin fork. We adopted the Cryptonight-Turtle algo, which we stayed with until block 2,420,000.

2019: JANUARY - MARCH

Our first few months we were on the block difficulty target of 10 seconds and the emission speed factor 23.

This was fun, as our blockchain was spitting out blocks on average every 10 seconds (quite often ever 5-6 seconds) and throwing about 12M DEGO block reward at our early miners.

2019: APRIL - DECEMBER

At block height 700,000 we have slowed down our network to 20 seconds block difficulty target and moved to emission speed factor 24. Our block reward reduced to about 5M per block, which was still fun to mine at a block target of 20 seconds.

The Network was lightning-fast and fun to send transactions to any user anywhere around the world.

This was the period of time when we started learning some of the limitations of the Cryptonote-based coins codebase - scalability issues and possible attack vectors.

It was a difficult time, during which we learned a lot and improved!

2020: JANUARY - DECEMBER

In order to keep our network fair use, we decided to take the following three actions.

First, we slowed down our network even further to 300 seconds difficulty target. We kept the emission speed factor.

Second, we implemented Proof of Work for any transaction to be submitted to the network. Transactions with no or not enough PoW are rejected to enter the mempool. 

Third, we capped the maximum block size.

These three actions brought much needed stability to our network. It almost allows us to run on autopilot - little to no maintenance, focus on building the core suite, allow our users to run their own nodes again, pain-free!

2021: JANUARY - PRESENT

We released v0.6.0 of our core suite software. Exciting times! We forked to the Cryptonight-UPX algo! We did so because of our commitment to sustainability, efficiency and ability to mine DeroGold on small portable and mobile devices (including those that are built on the ARM platform).

We forked to the new algo at height 2,420,000.

Additionally, we implemented number of storage-saving features (no-bin files) allowing our users who run nodes to save as much as 150GB of storage space.

We plan for mobile wallets, API optimisations, partial codebase rewrites, so that our users and/or third-party ISVs can build their solutions on top of our core suite.

2021: ... AND BEYOND. THE NON-TECHNICAL VIEW

We run this project together with a bunch of good friends. Our common interest is the nature, the environment and how can we help to preserve it for our future generations.

We aim this project to solve problems revolving around circular economy in recycling, re-use of waste materials.

Our long-term goal is to create a prototype of a habitable floating island. Then we will document, publish and support individuals and communities to build their own floating islands on open seas.

We believe the long-term future for all of us is here on planet Earth.

Two thirds of our planet is covered by the oceans. How about colonising our oceans here on Earth before we take on the extraterrestrial journey and colonise planets in our solar system and beyond?

Watch the Video

Watch our video "DeroGold Explained" in which we discuss all the key ideas and principles behind our project. You can subscribe to our YouTube Channel and watch other videos as well.

Mobirise

Let's Talk?

Leave with us your contact details to get in touch!

contact@derogold.com

You can contact us via email.

Discord

We are on Discord.

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