What is DERO? | DERO Privacy Coin Explained in Under 60 Seconds

The DERO network is a fast decentralized blockchain network that offers a variety of use cases, while keeping all balances & transactions completely anonymous.

The DERO network is powered by it’s native cryptocurrency $DERO. Allows for fast, secure and anonymous transactions on the DERO blockchain.

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DERO is a leading privacy coin, where privacy is protected on the DERO network with innovations & features such as TLS encryption, ring signatures, and a fully encrypted blockchain.

With DeroDAG technology, DERO combines a Proof-of-Work blockchain with a DAG block structure & Bulletproofs to provide the highest levels of privacy, security & reliability.

DERO is the first layer one private blockchain with smart contracts on its native chain. There are no extra layers, secondary blockchains or soft forks.

With smart contract executions, businesses can develop large scale applications using DERO’s fast secure, and anonymous blockchain network.

Other privacy coins include projects such as Monero, Wownero, Pirate Chain and ZCash.

WEBSITE: https://dero.io/