DeroPrice

(DERO)

Dero is a privacy-centric Layer 1 blockchain platform built for decentralized applications (dApps). Unlike protocols that fork existing codebases, Dero was developed from scratch in the Go programming language. Its current mainnet iteration, Stargate, utilizes an account-based model rather than the UTXO model common in other privacy coins. This architectural choice enables the platform to support complex smart contracts while maintaining privacy, effectively combining the functionality of programmable blockchains with robust, native encryption.

Dero utilizes the Dero Homomorphic Encryption Blockchain Protocol (DHEBP). This advanced technology allows the network to process transactions and perform calculations, such as adding or subtracting balances, while the data remains fully encrypted. Unlike traditional privacy protocols that rely on mixing or ring signatures, Dero’s homomorphic encryption ensures that balances are never decrypted on the public ledger. Only the wallet owner with the specific private key can view the actual data, resulting in a network that offers instant, private transactions.

On many popular blockchain platforms, smart contract data and states are visible to the public. Dero changes this through its Dero Virtual Machine (DVM). The DVM supports smart contracts where the internal state and transaction details are completely encrypted. This functionality enables developers to build a new class of decentralized applications, such as confidential voting systems, secret auctions, and private business logic, where sensitive data is protected by default while still benefiting from the security of a decentralized blockchain.

Dero uses the AstroBWT algorithm, which is specifically designed to be CPU-friendly and resistant to specialized hardware like ASICs or FPGAs. This promotes decentralization by allowing standard computers to participate in network security. Additionally, Dero implements "Sigma Mining," a unique block-in-block reward system. Unlike traditional models where one miner wins the entire reward, Sigma mining distributes rewards more equitably among all miners who contribute valid work during a block period. The total supply is capped at 21 million coins, following a controlled emission schedule.

When a user creates a new Dero wallet, it must undergo a one-time registration process on the network. This is a cryptographic step that anchors the account to the blockchain, ensuring privacy and security for all subsequent transactions. The process requires a small amount of computational work from the user's CPU and typically takes a short period to complete. Once registered, the account is active on the Stargate mainnet, allowing users to utilize features like human-readable addresses for easier asset transfers.

As of early 2026, the Dero community is focused on scaling solutions and cross-chain bridging. Efforts are underway to develop secure ways to bridge Dero assets to other major blockchain ecosystems while preserving core privacy features. There is also a strong emphasis on developer tools using DVM-BASIC, a readable language for writing private smart contracts. While some platforms have faced regulatory hurdles with privacy tokens, users can continue to access DERO through dedicated support channels and trading platforms like LBank.