feeless / schnorrkel

Schnorr VRFs and signatures on the Ristretto group

⋰·⋰ Feeless

What is Feeless?

Feeless is a Nano cryptocurrency node, wallet, tools, and Rust crate. This is not the official project for Nano, only an implementation written in Rust. The official Nano node implementation lives here.

🚸 This is a work in progress. The API will probably change without notice until v0.2. 🚸

I decided to start this project as a personal adventure of understanding Nano. I give no promises about my future motivation to complete this project 🤐.

Documentation

Please visit the documentation website for general information, features, installation, CLI usage and more.

https://feeless.dev/

What is Nano?

Nano is digital money that significantly improves on Bitcoin and other cryptocurrencies.

The main features of Nano are:

• No transaction fees.

• Extremely fast to send money—less than 1 second for 100% confirmation.

  ^{Bitcoin takes 10 minutes on average for ~80%1 confirmation. Nano is more asynchronous than Bitcoin—individual transactions are voted on separately from the rest of the network.}

• Highly decentralized.

  ^{Using the Nakamoto coefficient measurement, it is more decentralized than Bitcoin2 3.}

• No inflation.

• Green—Massively less energy use than Bitcoin.

For more information on what Nano is, see the Nano documentation: https://docs.nano.org/what-is-nano/overview/

Nano is also known as: Nano cryptocurrency, Nano coin, RaiBlocks.

^{1. The Bitcoin white paper, under section 11 "Calculations" explains there's a ~80% chance for an attacker with 10% mining power to overtake the longest chain. https://bitcoin.org/bitcoin.pdf 2. Measuring Decentralization in Bitcoin and Ethereum using Multiple Metrics and Granularities https://arxiv.org/pdf/2101.10699.pdf 3. List of representative nodes showing a Nakamoto coefficient of 8 at the time of writing (2021-02) https://nanocharts.info/}

Credits

Please see https://feeless.dev/docs/overview/credits

License

Licensed under either of these at your option:

• Apache License, Version 2.0 (LICENSE-APACHE or http://www.apache.org/licenses/LICENSE-2.0)
• MIT license (LICENSE-MIT or http://opensource.org/licenses/MIT)

Contribution

Unless you explicitly state otherwise, any contribution intentionally submitted for inclusion in the work by you, as defined in the Apache-2.0 license, shall be dual licensed as above, without any additional terms or conditions.