What is Bitcoin Nano?
Bitcoin Nano (Nano) is a snapshot fork of Bitcoin. We will take a block chain snapshot at block
501888, and a cryptocurrency will be generated, Bitcoin Nano(Nano). Bitcoin Nano applies a PoW
algorithm, Equihash, which Can effectively prevent the ASIC mining. We expect more people to
take participate in the Bitcoin Nano project make it better.
How can I get Bitcoin Nano?
Anyone who held Bitcoin when block 501888 was mined they will automatically receive Bitcoin Nano
at the rate of 1 BTC = 1000 Nano (If you had 99 BTC at the time of the snapshot, you will have
99000 Nano). If your Bitcoins are stored by a third party such as an exchange, then you must
inquire with your third party about your Bitcoin Nano. And last but not the least, you can get
Nano simply via buying or mining.
What is the purpose of Bitcoin Nano?
The purpose of Bitcoin Nano is to give Bitcoin a wider range of applications, such as online
games, live video, etc. We will implement the Smart contracts via the side-chain technology,
compatible with the Ethereum Virtual Machine (EVM). Everybody will be able to issue tokens on
the side-chains and make the exchange between coins/tokens and Bitcoin Nano. All of these things
will enable users to convert the values between multiple-domain and multiple-application
First of all, we will work with some live video streaming platforms. The audience can like and
give thumbs up to their favorite videos with Nanos. Meanwhile, the Nanos will also be applied to
the gaming field. You can buy props with tokens, or make Nano as the certificate for adopting
CryptoPets. Moreover, due to the popularity of CryptoKitties, it has resulted in serious network
congestion, resulting in large number of transactions unconfirmed. In order to solve this
problem, Bitcoin Nano will isolate different scenarios through side-chain technology and make it
runs more effectively.