Nanora
  • Abstract
  • 1. Overview of Nanora
  • 2. Introduction
    • 2.2 Purpose of Bridging to NANOX
  • 3. Problem Statement
  • 4. Objectives
  • 5. Technical Architecture
    • 5.1 Current State on Ethereum Compliance
    • 5.2 Transition to NANOX
    • 5.3 NANOX Blockchain Protocol
    • 5.4 Hyper-Deflationary Mechanism
  • 6. Governance Model
    • 6.1 Decentralized Governance Framework
    • 6.2 Role of NANO Holders
  • 7. Economic Model
    • 7.1 Token Distribution Initial Allocation on Ethereum Development and Operations:
    • 7.2 Incentive Mechanisms
  • 8. Security Measures
    • 8.1 Consensus Security
    • 8.2 Smart Contract Audits
    • 8.3 Anti-Fraud Mechanisms
  • 9. Use Cases
    • 9.1 On-Chain Transactions
    • 9.2 Cross-Border Payments
    • 9.3 Decentralized Finance (DeFi)
    • 9.4 Integration & Adoption
    • 9.5 Financial Inclusion
  • 10. Roadmap
    • Roadmap
  • 11. Conclusion
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  1. 5. Technical Architecture

5.1 Current State on Ethereum Compliance

  • Compliance & Limitations

    • Compliance: $NANO tokens are initially deployed on Ethereum, adhering to the ERC-20 standard for compatibility and security.

    • Limitations: High gas fees, network congestion, and slow transaction speeds posed significant challenges, limiting scalability and mainstream adoption.

    These factors highlighted the need for Nanora’s transition to a more efficient blockchain infrastructure.

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Last updated 2 months ago