jopari
Joined 6 years ago
Joined 6 years ago
It is a proof-of-work chain, using a variant of the BWT algorithm for hashing, which is bottlenecked by cache/memory bandwidth, which helps to minimize the performance difference between different device types. Together with the fact that each node can act as a mining pool, this helps to increase egalitarianism and decentralization of supply, access, and control.
Finally, the DERO blockchain is implemented as a directed acyclic graph, rather than a pure chain. Transactions can be included in multiple blocks (which induces the graph structure), without being counted twice. These "side blocks" help to increase the network throughput: on test net, the DERO DAG has achieved >750 transactions per second.
(I'm not on the team, just interested in the project.)
The post claims: "The features included in Graviton provide the missing functionality that prevented Stargate RC1 from reaching deployment on our mainnet."
I'm not sure, but I guess that this checksumming is relevant for storing the Merkle trees encoding the blockchain. I don't know why the previous choice of database wasn't suitable.
The project as a whole is called "DERO".
The DERO project is also the source of the Graviton key-value database, which was popular on HN about 18 months ago: https://news.ycombinator.com/item?id=24390596