Charting idea from the 3-31 youtube video :)
coinmarketcap.com/currencies/nano/
nano.org/en
nano.org/en/resources/
Notes on Nano
coinmarketcap.com/currencies/nano/
nano.org/en
nano.org/en/resources/
Notes on Nano
- Each account has their own blockchain, With Nano, each account has their own blockchain as part of a larger directed acyclic graph.
- Each individual user provides the computational power for the verification of their own transactions, meaning entire network is not required to update the overall blockchain.
- Wallets pre-cache the anti-spam Proof of Work for the next transaction once a transaction is sent, making transactions instantaneous, as both sides have the proof of work ready to go.
- Running a node costs next to nothing, Because the protocol is incredibly lightweight and running a node costs next to nothing, Nano’s transactions are processed with no fees.
- One transaction fits within a single UDP packet, and transactions are handled independently, eliminating any block size issue.
