It has been an engaging week in the Nano ecosystem as we opened up NanoPoW for community discussion, connected with the Spanish-speaking Binance community and saw the prize fund for the upcoming NanoJam hackathon increase to 1000 Nano.
NanoPoW — The Details
As a fee-less cryptocurrency, Nano relies on a small Proof-of-Work attached to each transaction to ensure fast and reliable transactions for everyone using the network. Earlier this week, we shared the progress we have been making towards developing a new memory-hard proof of work algorithm.
Nano Pow is being developed to help increase network resistance to ‘spam’ transactions by working in conjunction with other protocol features to discourage these types of transactions as much as possible.
If our Nano PoW — The Essentials preview left you wanting more details, then check out our detailed technical piece for more info:
Nano PoW — The Details
A thorough technical look at Nano PoW, a unique authentication-free rate-limiting algorithm designed for the Nano…
The response has been incredible, and we are welcoming lots of constructive input and discussion from cryptography experts, computer scientists, and services built on the Nano network.
As we continue to consider feedback and refine NanoPow ahead of its roll-out, we will keep you updated on all of the progress we are making.
Nano Foundation attend spirited AmA
Nano Founder Colin LeMahieu and Project Manager Zach Hyatt joined the Binance Spanish Telegram community on Thursday evening to talk about Nano and what makes it so unique.
The Spanish-speaking users were particularly interested in the exciting potential for Nano to make a real-world difference, the incredibly fast transaction times and the ecosystem of great resources surrounding Nano.
NanoTipBot was welcomed to the channel and used liberally throughout the AmA as new users were able to send and receive on-chain transactions, right from within Telegram.
A big thanks to our Spanish-speaking community members and the Binance Angels for organizing such an engaging and fun AmA!
NanoJam prize pool now 1000 Nano
With only a week remaining until the first Nano community hackathon, we want to remind you that registration remains open to individuals and teams of all skill levels. If you want to get involved and are unsure about how to proceed, then head on over to the Snapy.io NanoJam Discord channel and find out how you can contribute to the growth of the Nano ecosystem.
Generous community donations have pushed the prize pool up to a total of 1000 NANO with the top three projects set to take home a slice of the pie. We are excited to see a weekend of development and new ideas being explored with Nano.
You can find full details on the Snapy blog, and we will keep you updated on the progress and results of the Jam!
Introducing Nano Jams!
Since the start of Snapy.io, we’ve had a clear view of how we wanted to move forward the growth of Nano. With new…
Nano Birdfeeder — Hardware implementation guide
Following the viral success of the popular cryptocurrency activated bird feeder in September, an enterprising community member has provided a useful how-to on creating your own Nano-powered avian eatery.
This is an engaging and fun example of a Nano implementation, and the underlying mechanisms lend themselves to a much broader range of applications. As an instant, a fee-less transfer of value, Nano is an ideal vehicle for payments(of any amount) to trigger all types of events.
Nano Foundation does not endorse or approve products and/or services used or developed by third parties. Any links to third party software or sites are for informational purposes only. Nano Foundation bears no responsibility for the operability, accuracy, legality or content of third party products and/or services. Any questions regarding third-party material should be directed to that party.