Weekly Nano Update: 7/9/18

Binance Update and Introduction to Epoch Blocks

Hello everyone,

Binance deposits

On June 21st, 2018 the Nano Foundation released version 14.2 of the node software. This important piece of software runs the backbone of the Nano network, and is responsible for every action that happens on the network. To date, the feedback we are receiving from the community, exchanges, and users alike is overwhelmingly positive.

Exchanges, however, pose an interesting challenge — While the node itself can be functioning properly, there are multiple pieces of software that have to work in harmony to ensure a stable, secure and fast environment. These include, but aren’t limited to, the node, the sweeping mechanism that scans for deposits, the secondary accounting software that records those sweeps and credits accounts and the exchange UI itself.

On July 1st, we were notified that the deposit mechanism was being tweaked by Binance and has since been under maintenance. Currently, we have not been made aware of any exchange-related issues that would prevent any exchange to open based on our node software. We continue to make our engineering team available 24/7 to address any concerns that may arise, however, at this time we see no exchange-related issues on the network.

We understand that any exchange downtime is frustrating, especially when it is an exchange that handles such a large amount of volume. However, Binance is a valuable partner who services a massive amount of coins and tokens and has always worked diligently to resolve any issues with Nano. We appreciate your patience.

Epoch Blocks

Lee has been working hard over the last week to create a variant of universal/state blocks called epoch blocks, designating the end of an era, which will disable old block types. The code is currently under review on GitHub and will begin testing on the beta network. Once approved, it will be included in the next node release.

We welcome the community to join us in the code review and testing, as well as asking any questions surrounding development that you might have.

Podcasts and Media

This past week Colin appeared on The Bad Crypto Podcast, the link to his episode can be found here. Thanks to Joel and Travis for having him on. If you haven’t gotten a chance to listen, check it out!

Additionally, I launched my weekly wrap-up show with Shawn, the host of the Nanocast, last Friday. The goal of this show is to discuss everything related to Nano alongside a rotating cast of team members. You can check out the first episode here. We are working to improve the production quality and look forward to bringing the community fresh content each week to keep everyone up to date.

Job Postings

We are looking for talented people to join our team and work alongside us to push Nano forward. In the coming days we will be posting available positions that we are looking to fill. Ideally, these roles are filled by users who are already involved with Nano and are passionate about the project.

Thanks,

Troy