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Nano’s Universal Block “Canary” milestone has been reached

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.

What is Universal Block?

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:

  1. Parse Canary – This phase will enable parsing of Universal Blocks and give an opportunity for anyone manually constructing the old kind to upgrade their generation process.
  2. Generate Canary – his phase will enable default generation of Universal Blocks by the node and will be rolled out a period of time after the parse canary after more of the network has migrated and updated.

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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

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