Launched in 2015 by Colin LeMahieu as RaiBlocks, Nano is a low-latency payment platform that requires minimal resources, which should make Nano ideal for peer-to-peer transactions. Today Nano reported that its team had found a bug due to which nodes started failing to resolve forks correctly keeping them from staying in sync.
The team at Nano had worked on the issue and managed to fix it, releasing version 12 of Nano node, and improving security and stability of Nano network. Version 12 de-peers nodes running versions 10 and below, and these nodes will need to update to the latest version in order to "re-sync with the Nano network, as they do not understand universal blocks".
Cryptocurrency exchanges had to close Nano deposits and withdrawals until the problem was resolved, and once upgraded to version 12, the exchanges will be able to resume trading as usual.
At the moment of press, these are main market parameters of Nano:
- Average Price: $6,54
- Market Cap: $871 714 306
- 24h Vol: $26 460 500