Nano News Roundup: Version 12 Release Boosts Market Confidence, Up 24% Over Past Week

Published on by Cryptoslate | Published on

Nano blockchain's latest version 12 update looks set to quell investor concerns after a rocky development cycle and intermittent disruption across supporting exchanges.

The resulting media fallout saw the exchange blaming errors inherent in the Nano time stamping technology, a claim that has yet to be supported by evidence.

In light of the hack, the Nano Foundation has responded with overwhelming support for its community by providing victims with donations towards a legal fund established for those wanting to engage in legal action.

The Nano foundation's level of customer involvement and assistance has hopefully set a precedent within the wider crypto community.

Nano's development team has continued to work tirelessly, completing its 11th Milestone in providing Universal Blocks in its version 11 update.

The Nano Core Team is excited to share our roadmap and vision for the future of Nano: https://t.

Maintaining a completely original codebase for Nano comes with unexpected challenges, usually in the form of bugs.

April 24th saw a few Nano exchanges taken offline after the team encountered a bug during the bootstrapping process.

This issue was resolved a few short days later with the release of Version 12 on the 18th. Nano's community remains incredibly supportive of the project, yesterday saw the announcement of upcoming integration for the Ledger Nano S hardware wallet.

Recent overall bullish trends have seen the price of Nano bounce back to $7.62 USD - a respectable 60% rise compared to Bitcoin's recent 37% rebound over the past month.

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