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RE: Nanocoin - PoC cryptocurrency written in Haskell

in #bitcoin7 years ago

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

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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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