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DeSo(DESO)

DeSo (Decentralized Security) is a blockchain platform that provides an open source, decentralized, and trustless infrastructure for security-focused applications. It is designed to enable secure and reliable digital asset management and enable secure and transparent digital identity management.

The purpose of DeSo is to provide a secure, decentralized platform that allows users to transact and interact with one another without the need for a central authority or intermediary. This is achieved by using a distributed ledger technology, which is a form of blockchain that allows for a secure, transparent, and immutable record of transactions.

DeSo uses a consensus algorithm called Delegated Byzantine Fault Tolerance (dBFT) which is based on the classical Byzantine Generals Problem. This algorithm allows for a secure, distributed network that is resilient to attacks and faults. The consensus algorithm is designed to maintain a secure, reliable and fault-tolerant network. The dBFT consensus algorithm is used in many blockchain projects and is considered to be one of the most secure blockchain consensus algorithms.

Founder: Nader Al-Naji

Launched On: 2021-06-04

Protocol
Layer

Layer 1

Programming
Language

TypeScript

Consensus
Mechanism

Delegated-Proof-of-Stake

Current
Price

$29.418

Market
Cap

$261,363,365.728

Circulating
Supply

8,884,536 DESO