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.
Development Update: Research for a new PoW algorithm
In September and October of 2019, we shared details of a new Proof-of-Work algorithm, designed to help protect the…
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 is a fee-less and instant digital money perfect for the Modern Africa Nano Africa plans to focus on helping the…
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.
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.
KeyTools - Nano Web Tools
High performance and secure JS web tools for Nano currency with offline support
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.
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