Weekly Update 1/10/2020

Graham Cull
Jan 10 · 4 min read

This week the Nano ecosystem welcomed a new community-led Nano Africa website, a useful collection of development tools, and we delivered an update on recent Proof of Work research.

Nano Proof of Work Update and Community Discussion

On Thursday, we released a summary of the latest research into a potential new Proof-of-Work algorithm. Reassessing the algorithm that Nano uses to rate-limit transactions on the network will help us to optimize the protection it provides the network from spam transactions.

With the PoW strategy still in the research phase, we want to open up the discussion to the broader community who have consistently provided constructive and valuable feedback into the development of Nano. There are ongoing discussions currently on Reddit and our forum, and we welcome those interested in contributing to the future of Nano to join the conversations.

We also want to understand the community openness to more generally raising the amount of work required per transaction. Since conception, the proof of work has remained the same, despite considerable increases in the computational power of GPUs. Raising this ‘base’ difficulty will ensure that transactions are less trivial to produce on the network. There are many facets to consider in this discussion, so please join us in exploring the various benefits and difficulties a change like this will introduce.

Nano Africa website released

Nano Africa, a cross-community initiative created by the NanoGhana and NanoSierraLeone teams, has published a website showcasing the progress of the Nano movement in Africa. Finding useful applications for empowering digital currencies is an important step in the adoption of Nano, and it is exciting to see these organic efforts continuing to grow around the world.

Nano Africa works to facilitate the adoption of Nano throughout Africa. It is currently focusing on introducing Nano to areas of Ghana and Sierra Leone. Nano Africa is working closely with Blockchain Foundation Africa and is in the process of organizing local meet-ups, podcasts and videos as well as going out and showing people the power of Nano.

Support NanoAfrica

NanoAfrica recently submitted a community project proposal for the funding of a Nano meet-up in Ghana. You can out find more and donate to the project here.

Keytools for Nano released

The Nano Community Manager and creator of NanoLinks, Json, has released KeyTools, a new free set of tools for Nano. The developer-focused project includes unit and key converters, a vanity address generator, as well as more advanced tools for Nano.

Read the full announcement and list of KeyTool features here.

Nano Xmas tree recap

The wonderful holiday-themed project that saw the Nano community give a total of 1040.1 Nano to Simon on the Streets has come to a close. Showcasing Nano while supporting a charity that provides street-based support for people in need, the project was able to attract lots of attention over the last 4 weeks.

We’re thankful to the NanoCenter and hosts, Pixel Bar in the UK, for working partnering to deliver this fantastic project and are excited to see the next exhibition of Nano’s capabilities from the NanoCenter.

Canoe wallet end of service

This week the developers of the Canoe app for desktops, iOS, and Android announced their plans to end service for their long-standing Nano wallet. Canoe, the first mobile wallet for Nano, will be remembered as helping to lay the foundation for the healthy ecosystem we enjoy today.

The current server will continue to run for at least one more year. To ensure your funds are safe, save a copy of your seed and migrate to another wallet when able.


Any links to third party products, services or sites are for informational purposes only and are not an endorsement of the same. Nano Foundation disclaims any and all liability for the acts, omissions and conduct of any such third parties, and for the operation, accuracy, legality and content of their products, services or site. Any questions regarding third-party material should be directed to that party.

Nano

The best place for all of the latest Nano updates, developments and interviews. Brought to you by the Nano Foundation.

Graham Cull

Written by

Communications Coordinator for the Nano Foundation, and writer for #Nanocurrency

Nano

Nano

The best place for all of the latest Nano updates, developments and interviews. Brought to you by the Nano Foundation.

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