Universal Block, a protocol where every block is the same has been released for Nano currency. The release update was tweeted by Colin LeMahieu, the founder of Nano.
This new Universal Block protocol upgrade increases the efficiency of the Nano’s network, helps improve security and simplifies code needed to construct a block for developers and exchange.
Previously the Nano network had four different kind of blocks – open, change, send and receive – each one a little different from other but without any real need for it. With Universal Block, all these four block types will be consolidated into one block. This increases the efficiency of the network.
The Universal Block phase begins with the special “Canary” hash generated to kick off the Universal Block. Once an account produces a Universal Block, it will only produce Universal Block going forward.
The Canary phase will be rolled out in two phases:
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