Coins: 4021
Market Cap: $120.12B
24h Vol: $14.84B
Dominance: BTC 52.61% ETH 10.59% BCH 1.78%
Nano
Nano (NANO)
$0.83810 1.56 %
Website nano.org
Explorer nano.org
Community Facebook | Twitter
Market Cap
$111,675,283
24 Hour Trading Volume
$1,311,802
24h Low / 24h High
$0.82265 / $0.84455
Available Supply
133248290

Nano (NANO) price, performance and general information

24h
7d
14d
30d
60d
1y
1.56 %
9.49 %
-0.49 %
-0.27 %
10.38 %
-90.24 %

Nano (NANO) News

Ledger Commits to Remedying Nano S Update That Decreased Storage Capacity

Ledger has apologized and committed to remedying a recent firmware update that decreased the storage capacity of its Ledger Nano S

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Another great project funded by the #nanocommunity via @TheNanoCenter Congratulations @FundacionNanoVE on the successful proposal submission. We look forward to following along with all of the progress, good luck! https://t.co/GqGp0P8Rvv

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Introducing the Player Killers' Exchange

Earn Nano for Player Killing

The Player Killers' Exchange is a hack and slash action RPG. Kill NPCs for equipment and upgrades. Kill Players for fun and profit. Many of you have been griefing the Internet for years now. But why do it for free? Put your PK skills to the test and earn nano at the same time.

Let's Play Video

https://www.youtube.com/watch?v=WdZMQdK_VuM

Comment if you want to see a live stream on Twitch & Youtube.

  • Browser based, no install or plugins required
  • More than 700 areas to explore
  • Play with friends via team invites
  • Enter for free or bid nano for extra lives
  • Kill castles bosses for special items
  • Earn 50% of loots for players killed by your castle NPCs
  • Conquer all three castles on an island to control the catacombs below
  • Follow the quest directions at the top of your screen to find players or conquerable lands
  • Upgrade your character with collectible items
  • Kill 33 NPCs or 3 players to cashout
  • Backstab for double damage
  • Each weapon has a different hit box, damage, and attack time

https://i.redd.it/fz6b69k0yng21.png

Keyboard Controls

Movement: W, A, S, D or directional cursors

Attack: enter or space bar

Inventory: Press 'I'

Quick potion: Press '1'

Previous weapon: '2'

Touch Controls

Movement: Touch on the left for a virtual joystick

Attack: Tap on the right

Inventory, potions, and weapons: Touch the icons along the top of your screen


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Nano How 2: Blocks and Lattices

tl:dr: The Nano block lattice is made up of blocks. Each complete transaction requires two blocks representing send and receive. Changing your representative requires only a single block. A block contains all the information required for managing your Nano and are signed with a private key so only the owner can make changes. They are assigned a unique code called a hash.

What is a block?

Blocks are one of the fundamental concepts in cryptocurrency, they are groups of data that are linked together and usually include the data that represents transactions and interactions. These blocks are verified by the network and committed into a distributed ledger after being confirmed. For example, in Bitcoin, blocks are verified and committed to the ledger through the mining process, and each block is linked to the next to form a chain.

Blocks in Nano

The Nano ledger is different; instead of a single chain for the whole ledger (where each block contains multiple transactions), in Nano each account has its own chain of blocks which are woven together through the process of making transactions to create a block lattice. The blocks in a Nano chain represent the changes that its owner, who holds the private key, has made to their account. These changes take one of the following forms:

  • A send block, which is signaled by a resulting lower balance in the chain.
  • A receive block, which results in a higher balance in the chain.
  • An open block, the first in every chain.
  • A change block, used to choose a new representative (future Nano How).
  • An epoch block (future Nano How).

Fig 1. Comparison between Bitcoin Blockchain and Nano Block Lattice

How does it work?

Originally Nano had 4 different block types: Open, Send, Receive and Change, each with slightly different layouts. However, these have been merged into a single block type called a State block. Each state block contains all the details of that single account, including the account’s address and balance, as well as details to help place the block in the correct position in its chain. A block is then authorised by a signature, created using the block details and the account’s private key.

Fig. 2 Components that go into a state block

The most recent block is called the head or frontier block as its at the front. With the introduction of state blocks it means that you only need this frontier block to know everything about the current state of account (apart from its pending blocks).

With all this data grouped together it is easy to make changes:

  • To send some Nano, you just include the destination address in the block and reduce the accounts balance by the amount you are sending.
  • To receive Nano sent to you, you include the hash (the unique id) of the send block from the sender and increase your balance by this new amount.
  • To change your representative you just change the address in the representative field and include `0000000000000000000000000000000000000000000000000000000000000000` to trigger the change.

Notice that the amount transacted is not directly present in any block. To obtain this value, you need to subtract the block’s balance value, from the previous block’s balance.

Each block needs a proof of work value; this is the resulting value following a time consuming mathematical calculation and will be discussed in detail in a future Nano How), The basis of this system is that it is hard to generate the value but easy to check if the value is valid. Interestingly, the proof of work value is actually not included in the signature of the block and could be calculated after the block is generated (but it needs to be present before the block is broadcast).

An example of a state block:

{"block":"{"type":"state", "account":"xrb_3igf8hd4sjshoibbbkeitmgkp1o6ug4xads43j6e4gqkj5xk5o83j8ja9php", "previous": "597395E83BD04DF8EF30AF04234EAAFE0606A883CF4AEAD2DB8196AAF5C4444F", "representative":"xrb_3p1asma84n8k84joneka776q4egm5wwru3suho9wjsfyuem8j95b3c78nw8j", "balance":"3000000000000000000000000000001", "link":"5C2FBB148E006A8E8BA7A75DD86C9FE00C83F5FFDBFD76EAA09531071436B6AF", "signature":"D7975EE2F6FAE1FC7DA336FB9DD5F7E30FC1A6825021194E614F0588073D1A4901E34E3CAE8739F1DE2FD85A73D2A0B26F8BE6539E0548C9A45E1C1887BFFC05", "work":"0000000000000000"}"}

It is important to note that the nodes in the network check the blocks to make sure that all the details line up and will reject an incorrect block - it is not possible to just create a new block with a larger balance then has been sent to you.

Why does Nano have a Send and Receive block?

Every account has its own chain and this chain can only be changed with blocks signed by the private key. Therefore when someone sends you Nano they create a new block with a reduced balance and a destination address but they can not change your chain, instead the funds remain in limbo (known as pending) until you create a corresponding receive block and increase your balance proportionally. There is no limit to how long the funds can stay pending.

Links and further reading

Next Time

Nano How 3: Light Wallets - How do they work?

Thanks

Thanks to all the feedback and also to /u/DotcomL for revisions and proofreading.


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The Nano Center Project Update!

Funded!

Hey all,

With great pride and satisfaction I wanted to announce the full funding of the 'Achieving Adoption in Venezuela II' Nano Center project! We exceeded the updated project funding goal of $2450 by over $1000 extra for a total of ~3500USD at the time of this post! After further conversations about the extra funding, Fabian now intends to hold two meetups rather than just the one. With a little luck we can now reach double the local market and stimulate many more eager minds into thinking about the utility that we all find in Nano. Fabian will be getting together with his team to project out a more firm timeline on when the first meetup will be held. He will return here to the community to provide updates, videos, etc from the meetups when it is available.

Venezuela, as most of you have probably seen on the news, is going through a very tumultuous period in their long and proud history. In the midst of a potential regime change, out of control inflation, and exasperation with the status quo comes the unique opportunity for Fabian's Nano meetups to help explain and educate the populace about a safe FIAT alternative that Nano provides. We do not have any misconceptions that this will create massive change in the way Venezuelans view their money overnight, but what it can provide is an educational catalyst in the minds of many. Sometimes a spark is all that is needed to light the fire. I hope this initial outreach campaign can provide that spark.

Thank you again to everyone who donated to this project and to everyone else who voiced their support, encouragement, and advice in this campaign. We are only yet getting started, but I have full faith that we have found a vocal and motivated project lead in Fabián Escalona who will help guide us to where we want to be.

To Venezuela's bright future,

Brian


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General

Name Nano
Symbol NANO
Rank #45
Nano price $0.83810
Market Cap $111,675,283
Trading Volume $1,311,802
24h Low / 24h High $0.82265 / $0.84455

All time high

All time high $33.69
All time high date 2018-01-02 (one year ago)
Since all time high -97.51 %

Performance

24 hours 1.56 %
7 days 9.49 %
14 days -0.49 %
30 days -0.27 %
60 days 10.38 %
1 year -90.24 %

Social

Facebook likes 1598
Reddit subscribers 44686
Twitter followers 97136

Developer

Stars 2518
Forks 531
Merged pull requests 774
Contributors 52