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DeSo 2023 Year in Review
A Foundation That’s Built to Scale
2023 has been a monumental year for DeSo, filled with game-changing updates to help set the stage for our upcoming Revolution PoS merge & consumer app, Focus.
DeSo is finally ready to take crypto mainstream.
In case you missed our shipping season, here’s a full rundown of everything we’ve launched over the past year:
Deso Brand & Website
We’re very proud to unveil the new deso.com.
Designed to help bring the story of DeSo to life, many have called it “the best website they’ve ever seen,” sweeping 3 of the top web design awards along the way.
Visit: deso.com
Revolution Proof-of-Stake Whitepaper
A true Revolution is coming to social media with our breakthrough consensus mechanism and the introduction of staking, fast finality times, high throughput, lower fees, and burn-maximizing deflationary measures to the DeSo Blockchain.
Revolution combines the strengths of Ethereum, Cosmos, Flow, and Solanas earlier Proof of Stake schemes, enhancing them to establish one of the most censorship-resistant and decentralized protocols in existence.
Visit: revolution.deso.com
With The DeSo Block Explorer, we introduce the concept of radical transparency to social media, which doesn’t exist in a world full of web2 walled gardens.
For the first time in history, you can experience a completely open and transparent social network – stored fully on-chain!
Analyze all on-chain interactions in real-time while keeping track of the network’s most active creators with a one-of-a-kind human-readable block explorer.
Visit: explorer.deso.com
On DeSo, your wallet is your identity.
We’ve worked tirelessly to make UX & onboarding into DeSo as frictionless as possible, all of which comes together with the launch of DeSo Social Wallet.
Sign up with DeSo identity, MetaMask, or Google to get started and receive FREE starter $DESO to engage on-chain.
Your DeSo wallet is the central hub and gateway to the exciting world of decentralized social media, so you can easily keep track of all your on-chain interactions and assets.
Watch your social graph grow in real time on a 100% open-source social network where you own your content like you own your Bitcoin.
Visit: wallet.deso.com
HeroSwap
Cross-chain onboarding is HARD!
With HeroSwap, powered by DeSo Smart Services, you can now swap cross-chain instantly and anonymously, making it easy to onboard new users and liquidity.
HeroSwap supports BTC, DESO, ETH, SOL, SUI, AVAX, USDC, USDT, and more.
HeroSwap is growing through our permissionless partnership program, as apps on Solana, Sui, and Avalanche have embedded HeroSwap while earning 50% of swapping fees.
Feel free to reach out if you have any questions about becoming a partner.
Visit: heroswap.com
DeSo DEX (with USDC)
DeSo is the only blockchain that combines Social and Finance (SocialFi) seamlessly with world-class UX.
The DeSo DEX takes this one step further with a fully on-chain order-book DEX that allows users to trade DeSo tokens fully permissionlessly and virtually gas-free.
With the recent introduction of USDC, DeSo Tokens can now be traded against either $DESO or $USDC.
Visit: openfund.com/trade/DESO
DeSo-Wrapped Assets
Now, you can avoid the dangers of a CEX by trading cross-chain assets permissionlessly on-chain, with full self-custody and no-gas!
Trade wrapped BTC, ETH, SOL, and even DESO with USDC on the DeSo DEX – with frictionless unwrapping via HeroSwap
Visit: wallet.deso.com/?tab=tokens
DeSo Chat Protocol (DCP)
DeSo Chat Protocol is a censorship-resistant messaging protocol powered by the DeSo Blockchain.
Thanks to DeSo’s infinite-state blockchain and derived keys cryptography, DCP enables fully decentralized cross-chain messaging between DeSo, Ethereum, and soon-to-be Solana wallets.
DCP is 100% open-source and fully on-chain, with end-to-end encryption and support for DMs & group chats.
All of which has an average cost of ~$0.000002.
Visit: chat.deso.com
DeSo Access Groups
With the introduction of Access Groups, we can now unlock the world of on-chain & encrypted content.
This enables new primitives like on-chain subscriptions, pay-to-unlock, and e2e-encrypted group chats (which powers DeSo Chat Protocol).
All these features will be showcased with our new consumer app, Focus.
Visit: Focus.xyz
DeSo GraphQL API & SQL Indexer
Building Web3 apps should be easy!
We’ve built a state-of-the-art GraphQL-based indexer, standard on all DeSo nodes, for FREE!
This now enables full GQL & SQL querying of all on-chain data.
Visit: graphql-prod.deso.com
DeSo JavaScript SDK
DeSo JS makes it incredibly easy to build fully on-chain and crypto-native apps by allowing developers to integrate DeSo identity, sign transactions, and interact with the API in only a few lines of code.
Now, building disruptive, crypto-native apps is open to millions of developers around the world.
Visit: docs.deso.org/deso-frontend/get-started
DeSo Associations
Associations let DeSo move beyond follower-based social graphs to interest-based social graphs to establish a new form of trust in a trustless world: open, transparent, and fully on-chain.
For the first time, developers can create on-chain relationships between any user & any user & on any post - enabling INFINITE use cases.
Visit: docs.deso.org/deso-features/associations
DeSo Derived Keys
A huge pain in crypto is managing private keys.
With the launch of Derived Keys, you get an extra layer of security by adjusting on-chain permissions, revoking allowances, and editing spending limits at the transaction layer.
This is paramount as the world continues to become digitally native and multi-million dollar hacks become commonplace.
With Derived Keys, you can protect your DeSo assets and identity in just a few clicks.
Visit: wallet.deso.com/?tab=derived-keys
DeSo Offline Wallet Generator
We introduced a custom-built cold storage solution for safely and securely creating key pairs and signing & verifying transactions on air-gapped machines.
Visit: offline.deso.com
Improved $DESO Liquidity
With the launch of $DESO on multiple Tier 1 & Tier 2 exchanges, we now have greatly improved liquidity.
Gate
Huobi
Lbank
P2B & more!
Now, more people worldwide can onboard into decentralized social media.
Of course, if you don’t want to trade on a CEX, you can always store your $DESO at wallet.deso.com and buy on Openfund.com or HeroSwap.com.
Ecosystem Partners
At DeSo, we believe the future is cross-chain, which is why we’ve partnered with the following teams across Solana, Sui, and Avalanche:
If you want to partner with us, feel free to reach out!
What’s Next?
The hype for DeSo is steadily increasing as we’ve recently announced the name of our next killer app, with phase 1 coming in early January.
Additionally, the launch of Revolution Proof-of-Stake is just around the corner, with the promise of making DeSo one of the most deflationary protocols in existence.
As we enter the new year, we ask that you share DeSo with your friends and begin engaging with the ecosystem's apps.
The excitement for Focus continues to build, as it will come with multiple new social features that are impossible without the upgrades we made in 2023.
An airdrop and an all-new reimagined referral program will reward the most active creators on the platform.
As great of a year as 2023 was for DeSo, 2024 will be greater as we enter the main stage and bring consumer crypto apps to the masses!