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You're perhaps thinking of https://nano.org https://nano.org ? A brief description of it's Open Representative Voting (ORV) consensus mechanism: "A consensus m
by aspic 6y ago
You're perhaps thinking of https://nano.org https://nano.org ? A brief description of it's Open Representative Voting (ORV) consensus mechanism:
"A consensus mechanism unique to Nano which involves accounts delegating their balance as voting weight to Representatives. The Representatives vote themselves on the validity of transactions published to the network using the voting weight delegated to them. These votes are shared with their directly connected peers and they also rebroadcast votes seen from Principal Representatives. Votes are tallied and once quorum is reached on a published block, it is considered confirmed by the network."
Suggested read: https://docs.nano.org/protocol-design/orv-consensus/ https://docs.nano.org/protocol-design/orv-consensus/
- gnrlst 6y agoIf only Nano had first-mover advantage! I'm rooting for it though, it's everything BTC should have been.
- koonsolo 6y agoI'm a huge Nano fanboy since the RaiBlocks days. It definitely deserves more attention, since it's a pretty solid technology and was distributed pretty fairly. But even in this crypto bull market, everybody seems to ignore it, except for the fanboys on Reddit.
- nightcereal 6y agoSatoshi would be really proud of nano.
- harwoodleon 6y agoORV is as revolutionary as PoW. Nano still uses PoW but in a far far far more efficient way.