What are the key features of the Raiblocks whitepaper?

1 answers

• Dec 27, 2021 · 3 years ago
  Raiblocks, now known as Nano, is a cryptocurrency that gained popularity due to its innovative features outlined in the whitepaper. One of the key features is its block-lattice structure, which enables fast and feeless transactions. Unlike traditional blockchain-based cryptocurrencies, Raiblocks does not require miners to validate transactions. Instead, each account in the network maintains its own blockchain, resulting in a highly scalable and efficient system. Another important feature is the use of Delegated Proof-of-Stake consensus algorithm, which ensures fast and secure transactions. This algorithm allows account holders to vote for representatives who validate transactions and maintain the network's integrity. Overall, the Raiblocks whitepaper highlights the potential of a decentralized and scalable cryptocurrency that can revolutionize the way we transact online.
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