Timeline of DeroGold

This is a timeline dedicated to important dates in the history of DeroGold.

  • 2018 December

    • DeroGold was created. We launched DeroGold in December 2018 as a TurtleCoin fork.
    • We adopted the Cryptonight-Turtle algo, which we stayed with until block 2,420,000.

  • 2019 January - March

    • Our first few months we were on the block difficulty target of 10 seconds and the emission speed factor 23.
    • This was fun, as our blockchain was spitting out blocks on average every 10 seconds (quite often ever 5-6 seconds) and throwing about 12M DEGO block reward at our early miners.

  • 2019 April - December

    • At block height 700,000 we have slowed down our network to 20 seconds block difficulty target and moved to emission speed factor 24.
    • Our block reward reduced to about 5M per block, which was still fun to mine at a block target of 20 seconds.
    • The Network was lightning-fast and fun to send transactions to any user anywhere around the world.
    • This was the period of time when we started learning some of the limitations of the Cryptonote-based coins codebase - scalability issues and possible attack vectors.
    • It was a difficult time, during which we learned a lot and improved!

  • 2020 January - December

    • To keep our network fair use, we decided to take the following three actions.
    • First, we slowed down our network even further to 300 seconds difficulty target. We kept the emission speed factor.
    • Second, we implemented Proof of Work for any transaction to be submitted to the network. Transactions with no or not enough PoW are rejected to enter the mempool.
    • Third, we capped the maximum block size.
    • These three actions brought much needed stability to our network.
    • It almost allows us to run on autopilot - little to no maintenance, focus on building the core suite, allow our users to run their own nodes again, pain-free!

  • 2021 January - December

    • DeroGold algo change
    • We released v0.6.0 of our core suite software. Exciting times!
    • We forked to the Cryptonight-UPX algo! We did so because of our commitment to sustainability, efficiency and ability to mine DeroGold on small portable and mobile devices.
    • We forked to the new algo at height 2,420,000.
    • Additionally, we implemented number of storage-saving features (no-bin files) allowing our users who run nodes to save as much as 150GB of storage space.
    • We plan for mobile wallets, API optimisations, partial codebase rewrites, so that our users and/or third-party ISVs can build their solutions on top of our core suite.

  • 2022 January - December

    • DeroGold release v0.7.1 core software
    • wDEGO DEFI token contract started on TRON chain. Wider plans with the tokenisation of DeroGold will be announced throughout 2022.

  • 2023 January - December

    • Rework of the core suite to work with later versions of GCC, automating builds and enabling docker builds again.

  • 2024 January - December

    • Continue to reworkd the core suite, add derogold.online site to run explorer, project documentation and other API services we plan to build in 2025