() fell 2.7% against U.S. Dollar during the 24-hour period ending at 20:30 Eastern Time on the 12th of July. Dero's value against the U.S. Dollar has fallen 6.6% in the past seven days. On popular exchanges, one Dero coin is currently available for $4.29 (or 0.00014114 BTC). Dero's total market capitalization is $58.78million and the exchanges have traded approximately $103,393.61 in Dero over the past day.
The performance of related cryptocurrencies over the past day is shown below:
Bitcoin (BTC), which is currently valued at $30,385.77 BTC or 0.6% less than the dollar, traded down by 0.6%.
Dogecoin's (DOGE) price is now $0.0648, or 0.00000213 BTC. This is a 0.7% decline against the dollar.
Litecoin (LTC), which is currently trading at $96.17, or 0.00316493 BTC, has traded down 0.7% against the dollar.
Bitcoin Cash (BCH), which is also known as Bitcoin, has traded up by 3.4% in relation to the dollar. It now trades for $283.18 or about 0.00931948 BTC.
UNUS SED LEO LEO (LEO), which is currently trading at $4.05, or 0.00013342 Bitcoins, has gained 0.3% in value against the US dollar.
Monero (XMR), which is currently trading at $163.27, or 0.00537334 BTC, has fallen 1.1% against the dollar.
Ethereum Classic (ETC), which is a cryptocurrency, traded at $18.75 per 0.00061703 BTC or 0.8% less than the dollar.
DEI (DEI), which is currently trading at $0.0324, or 0.00000107 Bitcoins, has traded 58.7% below the dollar.
NyanCoin, or NYAN, is now trading at $2.40 (0.00008809 BTC) after a 2.2% decline against the dollar.
Bitcoin SV (BSV), which is a fork of Bitcoin, has traded at $39.52 or 0.00130067 BTC. This is a 0.6% decline against the US dollar.
It is a Proof-of-Work (PoW), which uses the CryptoNight algorithm. It was traded for the first time on June 27, 2018. Dero has a total supply of 18,400,000 coins, and a circulating supply of 13,704,988. Here is a link to the article
CryptoCompare states that 'Dero combines a proof-ofwork blockchain with a DAG-block structure and completely anonymous transactions. It is designed to be a radical improvement over existing privacy coins such as Monero (XMR), or Z-Cash(ZEC). Dero aims to achieve this by combining both the best consensus mechanisms.
The implementation creates a mainchain from the DAG block network, which includes both main blocks and sideblocks. Side blocks are essential for chain proof-of work security and make traditional 51% attacks unachievable. Dero, unlike traditional blockchains treats the transaction, and not the block, as the smallest computation unit. Dero blocks can have duplicate or double-spend transaction, but they are ignored by the Dero network.
Dero's goal is to combine the security and decentralization benefits of a proof of work blockchain with the speed and scalability of DAG. Dero's aim is to create a blockchain network which can support anonymous, secure and fast transactions, as well as smart contracts.
Buy and Sell Dero
Dero is not currently available to be purchased directly with US dollars. MarketBeat.com’s FREE CryptoBeat Newsletter