Read

Edit

History

Notify

Share

Nano

Nano (formerly RaiBlocks) is a trustless, low-latency  that utilizes a novel block-lattice architecture, where each account has its own  and achieves consensus via delegated voting.[1]

Mechanism of Action

Unlike conventional blockchains used in many other cryptocurrencies, RaiBlocks uses a block-lattice structure. Each account has its own blockchain (account-chain), equivalent to the account's transaction/balance history. Each account-chain can only be updated by the account's owner; this allows each account-chain to be updated immediately and asynchronously to the rest of the block-lattice, resulting in quick transactions. Since blocks can only be added by each account-chain's owner, transferring funds from one account to another requires two transactions: a send transaction deducting the amount from the sender's balance and a receive transaction adding the amount to the receiving account's balance.[2]

Developers

  • Colin LeMahieu- Core Wallet Developer, Creator of RaiBlocks
  • Sergsw/byte16 - Core Wallet Contributor
  • James Coxon - Services & Integration Developer
  • Mica Busch - Web & Android Developer
  • Zack Shapiro - iOS Developer[6]

Community Managers

  1. Louis Nobleman - English, Spanish, Tagalog
  2. Jesus Moreno - English, Spanish
  3. Kedrin Welodon - English, Russian
  4. Gotowerdown - English, Indonesian
  5. Flomess - English, Italian[7]

History

In January 2018 RaiBlocks rebrands as Nano.[3]

In February 2018 one of the primary Nano exchanges, BitGrail announces that it is missing approximately $170 million dollars in funds.[4][5]

See something wrong? Report to us.

Nano

Feedback

Did you find this article interesting?

Twitter Timeline

Loading...

Loading

Media

REFERENCES

Join the IQ Brainlist

Sign up for the IQ Brainlist to get early access to editing on the IQ.wiki beta site!

Join Now

Subscribe to our newsletter

Never miss any of the most popular and trending articles on IQ.wiki when you sign up to our email newsletter.

Subscribe

IQ.wiki

IQ.wiki's vision is to bring blockchain knowledge to the world and knowledge onto the blockchain. A part of Brainfund Group.

https://twitter.com/IQWIKIhttps://www.reddit.com/r/Everipedia/https://t.me/everipediahttps://www.instagram.com/iqwiki_/https://github.com/EveripediaNetworkhttps://discord.gg/x9EWvTcPXthttps://web.facebook.com/everipedia?_rdc=1&_rdr

IQ

What's IQ?StakingBonds

Company

About usCareersBrandingIQ GPTIQ Dashboard

© 2023 IQ.wiki Powered By BrainDAO& IQ