Dero describes itself as a crypto project that combines a Proof of Work blockchain with a DAG block structure and anonymous transactions. The distributed ledger processes transactions with a twelve-second average block time and claims to be secure against majority hashrate attacks. Dero aims to become the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.
It was developed to support millions of users with enhanced reliability, privacy, security, and usability. The DERO project was developed in Golang and is reportedly being actively developed by its original developers. The goal of the Dero project is to become a blockchain network that can serve international businesses and individuals, with a view towards enabling secure, fast, anonymous transactions and smart contract execution. DERO features DeroDAG technology, bulletproofs, and a TLS encrypted network.