The nano network uses Open Representative Voting as consensus algorithm. Choosing the right representative helps the network. Learn how and why here!
Last week, we took a look at how to self custody your nano. This week, we take a look at the next step - choosing a representative.
Decentralisation is one of the fundamental parts of cryptocurrency. What makes nano unique is that with its Open Representative Voting consensus algorithm, anyone that takes part in the network can participate in decentralising the network! No need to run a node, mine or stake. All you have to do is self custody and choose a representative.
What is a representative, how do you choose one and how does it help you secure nano and decentralise the network? These are all questions we answer in our new article! Check it out on our blog.
Read the full article here.
What is a representative, how do you choose one and how does it help you secure nano and decentralise the network? These are all questions we answer in our new article! Check it out on our blog.
Read the full article here.