Nanocoin - PoC cryptocurrency written in Haskell
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Nanocoin is a PoC cryptocurrency written in Haskell. It is under development to illustrate that the foundations of DLTs (Distributed Ledger Techonology) and aid in dispelling the air of mystery about what a cryptocurrency is. The project attempts to present the necessary cryptographic components and distributed systems knowledge necessary to implement a cryptocurrency.
Overview of Basic Cryptocurrency Components
This document serves as a brief overview of blockchain components and how to implement a cryptocurrency from scratch. Basic blockchain knowledge is assumed, but brief overviews of the basic components are included.
Cryptography
There are many cryptographic components that come together to make block chains and cryptocurrency implementations more secure. Nanocoin uses Haskell's most notable cryptography library known as cryptonite as it provides all the cryptographic functions and datatypes relevant to a cryptocurrency implementation.
What is the purpose of this coin?
Thank you for reading and ask question? Simple answers for your question.
Low-dependencies.
Using classic proof-of-work.
Simple P2P Protocol using UDP chatter.
Support chain reconfiguration.
Basic ECDSA Block/Transaction signatures & validation
Transfer Transactions & More.
Read more visit : https://github.com/tdietert/nanocoin
Apologies for being rash but this is technical jargon. Could you explain to me what the essence is of this coin (speed, protocol, application, other), assuming I am an old lady?
The GitHub read me does not clarify this in simple terms either.
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